ViroGates Stock Forecast - Accumulation Distribution
| VIRO Stock | 13.70 0.30 2.24% |
ViroGates Stock Forecast is based on your current time horizon.
ViroGates |
| Check ViroGates Volatility | Backtest ViroGates | Trend Details |
ViroGates Trading Date Momentum
| On October 07 2024 ViroGates AS was traded for 5.85 at the closing time. The highest price during the trading period was 5.85 and the lowest recorded bid was listed for 5.60 . The volume for the day was 571. This history from October 7, 2024 contributed to the next trading day price boost. The trading price change to the next closing price was 0.86% . The trading price change to the current price is 0.86% . |
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
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Other Forecasting Options for ViroGates
For every potential investor in ViroGates, whether a beginner or expert, ViroGates' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ViroGates Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ViroGates. Basic forecasting techniques help filter out the noise by identifying ViroGates' price trends.ViroGates 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 ViroGates stock to make a market-neutral strategy. Peer analysis of ViroGates could also be used in its relative valuation, which is a method of valuing ViroGates by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
ViroGates AS Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of ViroGates' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of ViroGates' current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
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| Volume Indicators |
ViroGates Market Strength Events
Market strength indicators help investors to evaluate how ViroGates stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ViroGates shares will generate the highest return on investment. By undertsting and applying ViroGates stock market strength indicators, traders can identify ViroGates AS entry and exit signals to maximize returns.
ViroGates Risk Indicators
The analysis of ViroGates' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in ViroGates' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting virogates stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 7.08 | |||
| Semi Deviation | 7.94 | |||
| Standard Deviation | 11.37 | |||
| Variance | 129.29 | |||
| Downside Variance | 109.57 | |||
| Semi Variance | 63.02 | |||
| Expected Short fall | (9.14) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with ViroGates
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 ViroGates 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 ViroGates will appreciate offsetting losses from the drop in the long position's value.Moving against ViroGates Stock
| 0.83 | NLFSK | Nilfisk Holding AS | PairCorr |
| 0.8 | AMBU-B | Ambu AS | PairCorr |
| 0.78 | AGAT | Agat Ejendomme AS Earnings Call Next Week | PairCorr |
| 0.74 | AGILC | Agillic AS | PairCorr |
| 0.53 | GN | GN Store Nord | PairCorr |
The ability to find closely correlated positions to ViroGates could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ViroGates 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 ViroGates - 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 ViroGates AS to buy it.
The correlation of ViroGates 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 ViroGates moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ViroGates AS 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 ViroGates 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.Other Information on Investing in ViroGates Stock
ViroGates financial ratios help investors to determine whether ViroGates Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ViroGates with respect to the benefits of owning ViroGates security.