Weichai Power Pink Sheet Forecast - Accumulation Distribution

Weichai Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Weichai Power's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On June 28, 2024 Weichai Power Co had Accumulation Distribution of 0. The accumulation distribution (A/D) indicator shows the degree to which Weichai Power is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Weichai Power Co to determine if accumulation or reduction is taking place in the market. This value is adjusted by Weichai Power trading volume to give more weight to distributions with higher volume over lower volume.
Check Weichai Power VolatilityBacktest Weichai PowerInformation 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 Weichai Power to competition

Weichai Power 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 Weichai Power pink sheet to make a market-neutral strategy. Peer analysis of Weichai Power could also be used in its relative valuation, which is a method of valuing Weichai Power by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Currently Active Assets on Macroaxis

Check out Your Current Watchlist 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 main economic indicators.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Other Consideration for investing in Weichai Pink Sheet

If you are still planning to invest in Weichai Power 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 Weichai Power's history and understand the potential risks before investing.
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years