Samsonite International Pink Sheet Forecast - Accumulation Distribution

Samsonite Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Samsonite International's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On September 23, 2024 Samsonite International SA had Accumulation Distribution of 0. The accumulation distribution (A/D) indicator shows the degree to which Samsonite International is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Samsonite International SA to determine if accumulation or reduction is taking place in the market. This value is adjusted by Samsonite International trading volume to give more weight to distributions with higher volume over lower volume.
Check Samsonite International VolatilityBacktest Samsonite InternationalInformation Ratio  
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
Compare Samsonite International to competition

Samsonite International Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Samsonite International pink sheet to make a market-neutral strategy. Peer analysis of Samsonite International could also be used in its relative valuation, which is a method of valuing Samsonite International by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Currently Active Assets on Macroaxis

Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Other Tools for Samsonite Pink Sheet

When running Samsonite International's price analysis, check to measure Samsonite International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Samsonite International is operating at the current time. Most of Samsonite International's value examination focuses on studying past and present price action to predict the probability of Samsonite International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Samsonite International's price. Additionally, you may evaluate how the addition of Samsonite International to your portfolios can decrease your overall portfolio volatility.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Fundamental Analysis
View fundamental data based on most recent published financial statements
Money Managers
Screen money managers from public funds and ETFs managed around the world
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas