George Weston Stock Forecast - Accumulation Distribution
| WN Stock | CAD 225.05 1.41 0.63% |
George Stock Forecast is based on your current time horizon. Although George Weston's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of George Weston's systematic risk associated with finding meaningful patterns of George Weston fundamentals over time.
George |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 1383.76 | 1704.76 |
| Check George Weston Volatility | Backtest George Weston | Trend Details |
George Weston Trading Date Momentum
| On September 11 2024 George Weston Limited was traded for 223.43 at the closing time. The highest daily price throughout the period was 223.55 and the lowest price was 219.79 . The daily volume was 146.5 K. The net trading volume on 09/11/2024 added to the next day price boost. The trading price change to closing price of the next trading day was 0.99% . The overall trading delta to current closing price is 2.74% . |
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 George Weston
For every potential investor in George, whether a beginner or expert, George Weston's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. George Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in George. Basic forecasting techniques help filter out the noise by identifying George Weston's price trends.George Weston 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 George Weston stock to make a market-neutral strategy. Peer analysis of George Weston could also be used in its relative valuation, which is a method of valuing George Weston by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
George Weston Limited 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 George Weston's 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 George Weston's current price.| Cycle Indicators | ||
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| Pattern Recognition | ||
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| Volume Indicators |
George Weston Market Strength Events
Market strength indicators help investors to evaluate how George Weston stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading George Weston shares will generate the highest return on investment. By undertsting and applying George Weston stock market strength indicators, traders can identify George Weston Limited entry and exit signals to maximize returns.
| Accumulation Distribution | 938.45 | |||
| Daily Balance Of Power | 0.6558 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 224.4 | |||
| Day Typical Price | 224.61 | |||
| Price Action Indicator | 1.36 | |||
| Period Momentum Indicator | 1.41 |
George Weston Risk Indicators
The analysis of George Weston's 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 George Weston's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting george 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 | 0.7718 | |||
| Semi Deviation | 1.11 | |||
| Standard Deviation | 1.03 | |||
| Variance | 1.07 | |||
| Downside Variance | 1.36 | |||
| Semi Variance | 1.24 | |||
| Expected Short fall | (0.76) |
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 George Weston
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 George Weston 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 George Weston will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to George Weston could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace George Weston 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 George Weston - 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 George Weston Limited to buy it.
The correlation of George Weston 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 George Weston moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if George Weston Limited 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 George Weston 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 George Stock
George Weston financial ratios help investors to determine whether George 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 George with respect to the benefits of owning George Weston security.