Tastemaker Acquisition Stock Forecast - Price Action Indicator

TMKRDelisted Stock  USD 10.73  0.00  0.00%   
Tastemaker Stock Forecast is based on your current time horizon.
  
On July 21, 2023 Tastemaker Acquisition Corp had Price Action Indicator of (0.01). Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
Check Tastemaker Acquisition VolatilityBacktest Tastemaker AcquisitionTrend Details  

Tastemaker Acquisition Trading Date Momentum

On July 24 2023 Tastemaker Acquisition Corp was traded for  10.73  at the closing time. The top price for the day was 10.73  and the lowest listed price was  10.71 . The trading volume for the day was 10.2 K. The trading history from July 24, 2023 was a factor to the next trading day price gain. The trading price change against the next closing price was 0.19% . The trading price change against the current closing price is 0.19% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
Compare Tastemaker Acquisition to competition

View Tastemaker Acquisition Related Equities

 Risk & Return  Correlation

Tastemaker Acquisition Market Strength Events

Market strength indicators help investors to evaluate how Tastemaker Acquisition stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tastemaker Acquisition shares will generate the highest return on investment. By undertsting and applying Tastemaker Acquisition stock market strength indicators, traders can identify Tastemaker Acquisition Corp entry and exit signals to maximize returns.

Pair Trading with Tastemaker Acquisition

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tastemaker Acquisition position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tastemaker Acquisition will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Tastemaker Acquisition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tastemaker Acquisition when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tastemaker Acquisition - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tastemaker Acquisition Corp to buy it.
The correlation of Tastemaker Acquisition is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tastemaker Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tastemaker Acquisition moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tastemaker Acquisition can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 signals in industry.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Other Consideration for investing in Tastemaker Stock

If you are still planning to invest in Tastemaker Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Tastemaker Acquisition's history and understand the potential risks before investing.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Commodity Directory
Find actively traded commodities issued by global exchanges
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals