MacDonald Mines Stock Forecast - Accumulation Distribution
| BMK Stock | CAD 0.04 0.00 0.00% |
MacDonald Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast MacDonald Mines stock prices and determine the direction of MacDonald Mines Exploration's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of MacDonald Mines' historical fundamentals, such as revenue growth or operating cash flow patterns. Although MacDonald Mines' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of MacDonald Mines' systematic risk associated with finding meaningful patterns of MacDonald Mines fundamentals over time.
Check out Historical Fundamental Analysis of MacDonald Mines to cross-verify your projections. MacDonald |
Most investors in MacDonald Mines cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the MacDonald Mines' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets MacDonald Mines' price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which MacDonald Mines is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of MacDonald Mines Exploration to determine if accumulation or reduction is taking place in the market. This value is adjusted by MacDonald Mines trading volume to give more weight to distributions with higher volume over lower volume.| Check MacDonald Mines Volatility | Backtest MacDonald Mines | Trend Details |
MacDonald Mines Trading Date Momentum
| On March 13 2024 MacDonald Mines Exploration was traded for 0.05 at the closing time. The highest daily price throughout the period was 0.05 and the lowest price was 0.05 . The daily volume was 159.1 K. The net trading volume on 03/13/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 16.67% . The trading delta at closing time to current closing price is 0.00% . |
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 MacDonald Mines
For every potential investor in MacDonald, whether a beginner or expert, MacDonald Mines' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. MacDonald Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in MacDonald. Basic forecasting techniques help filter out the noise by identifying MacDonald Mines' price trends.MacDonald Mines 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 MacDonald Mines stock to make a market-neutral strategy. Peer analysis of MacDonald Mines could also be used in its relative valuation, which is a method of valuing MacDonald Mines by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
MacDonald Mines Expl 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 MacDonald Mines' 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 MacDonald Mines' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
MacDonald Mines Market Strength Events
Market strength indicators help investors to evaluate how MacDonald Mines stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MacDonald Mines shares will generate the highest return on investment. By undertsting and applying MacDonald Mines stock market strength indicators, traders can identify MacDonald Mines Exploration entry and exit signals to maximize returns.
MacDonald Mines Risk Indicators
The analysis of MacDonald Mines' 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 MacDonald Mines' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting macdonald 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 | 3.68 | |||
| Semi Deviation | 5.99 | |||
| Standard Deviation | 8.43 | |||
| Variance | 71.05 | |||
| Downside Variance | 352.53 | |||
| Semi Variance | 35.84 | |||
| Expected Short fall | (20.28) |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards MacDonald Mines in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, MacDonald Mines' short interest history, or implied volatility extrapolated from MacDonald Mines options trading.
Pair Trading with MacDonald Mines
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 MacDonald Mines 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 MacDonald Mines will appreciate offsetting losses from the drop in the long position's value.Moving against MacDonald Stock
| 0.48 | BMO-PE | Bank of Montreal | PairCorr |
The ability to find closely correlated positions to MacDonald Mines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MacDonald Mines 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 MacDonald Mines - 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 MacDonald Mines Exploration to buy it.
The correlation of MacDonald Mines 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 MacDonald Mines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MacDonald Mines Expl 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 MacDonald Mines 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.Check out Historical Fundamental Analysis of MacDonald Mines to cross-verify your projections. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for MacDonald Stock analysis
When running MacDonald Mines' price analysis, check to measure MacDonald Mines' 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 MacDonald Mines is operating at the current time. Most of MacDonald Mines' value examination focuses on studying past and present price action to predict the probability of MacDonald Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MacDonald Mines' price. Additionally, you may evaluate how the addition of MacDonald Mines to your portfolios can decrease your overall portfolio volatility.
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