Cathay Financial Pink Sheet Forecast - Accumulation Distribution
| CHYFFDelisted Stock | USD 14.63 0.00 0.00% |
Cathay Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Cathay Financial stock prices and determine the direction of Cathay Financial Holding's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Cathay Financial's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Cathay |
Most investors in Cathay Financial 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 Cathay Financial's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Cathay Financial's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Cathay Financial is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Cathay Financial Holding to determine if accumulation or reduction is taking place in the market. This value is adjusted by Cathay Financial trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 0.0198 | 0.0198 |
| Check Cathay Financial Volatility | Backtest Cathay Financial | Trend Details |
Cathay Financial Trading Date Momentum
| On June 09 2023 Cathay Financial Holding was traded for 14.34 at the closing time. The highest daily price throughout the period was 14.63 and the lowest price was 14.34 . There was no trading activity during the period 1.0. Lack of trading volume on 06/09/2023 did not affect price variability. The overall trading delta to current closing price is 2.02% . |
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 Cathay Financial to competition
Cathay Financial 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 Cathay Financial pink sheet to make a market-neutral strategy. Peer analysis of Cathay Financial could also be used in its relative valuation, which is a method of valuing Cathay Financial by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Cathay Financial Market Strength Events
Market strength indicators help investors to evaluate how Cathay Financial pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cathay Financial shares will generate the highest return on investment. By undertsting and applying Cathay Financial pink sheet market strength indicators, traders can identify Cathay Financial Holding entry and exit signals to maximize returns.
Cathay Financial Risk Indicators
The analysis of Cathay Financial'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 Cathay Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cathay pink sheet 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 | 0.0604 | |||
| Standard Deviation | 0.2489 | |||
| Variance | 0.062 |
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 Cathay Financial 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, Cathay Financial's short interest history, or implied volatility extrapolated from Cathay Financial options trading.
Pair Trading with Cathay Financial
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 Cathay Financial 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 Cathay Financial will appreciate offsetting losses from the drop in the long position's value.Moving against Cathay Pink Sheet
| 0.62 | TLKMF | Telkom Indonesia Tbk | PairCorr |
| 0.61 | PTAIY | Astra International Tbk | PairCorr |
| 0.6 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.51 | IVSXF | Investor AB | PairCorr |
| 0.5 | BLK | BlackRock Financial Report 12th of July 2024 | PairCorr |
The ability to find closely correlated positions to Cathay Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cathay Financial 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 Cathay Financial - 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 Cathay Financial Holding to buy it.
The correlation of Cathay Financial 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 Cathay Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cathay Financial Holding 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 Cathay Financial 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 Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Cathay Financial Holding information on this page should be used as a complementary analysis to other Cathay Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Other Consideration for investing in Cathay Pink Sheet
If you are still planning to invest in Cathay Financial Holding 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 Cathay Financial's history and understand the potential risks before investing.
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