Novadaq Technologies Etf Forecast - Accumulation Distribution
| NVDQ Etf | 2.47 0.02 0.80% |
Novadaq Etf Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Novadaq Technologies stock prices and determine the direction of Novadaq Technologies's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Novadaq Technologies' historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Novadaq Technologies to cross-verify your projections. Novadaq |
Most investors in Novadaq Technologies cannot accurately predict what will happen the next trading day because, historically, etf 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 Novadaq Technologies' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Novadaq Technologies' price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Novadaq Technologies is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Novadaq Technologies to determine if accumulation or reduction is taking place in the market. This value is adjusted by Novadaq Technologies trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 27322.14 | 62078.39 |
| Check Novadaq Technologies Volatility | Backtest Novadaq Technologies | Trend Details |
Novadaq Technologies Trading Date Momentum
| On February 20 2024 Novadaq Technologies was traded for 8.80 at the closing time. The top price for the day was 9.37 and the lowest listed price was 8.46 . The trading volume for the day was 3 M. The trading history from February 20, 2024 was a factor to the next trading day price gain. The trading delta at closing time against the next closing price was 6.54% . The trading delta at closing time against the current closing price is 13.80% . |
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 Novadaq Technologies to competition |
Other Forecasting Options for Novadaq Technologies
For every potential investor in Novadaq, whether a beginner or expert, Novadaq Technologies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Novadaq Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Novadaq. Basic forecasting techniques help filter out the noise by identifying Novadaq Technologies' price trends.Novadaq Technologies 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 Novadaq Technologies etf to make a market-neutral strategy. Peer analysis of Novadaq Technologies could also be used in its relative valuation, which is a method of valuing Novadaq Technologies by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Novadaq Technologies Technical and Predictive Analytics
The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Novadaq Technologies' 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 Novadaq Technologies' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Novadaq Technologies Market Strength Events
Market strength indicators help investors to evaluate how Novadaq Technologies etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Novadaq Technologies shares will generate the highest return on investment. By undertsting and applying Novadaq Technologies etf market strength indicators, traders can identify Novadaq Technologies entry and exit signals to maximize returns.
| Accumulation Distribution | 856856.0 | |||
| Daily Balance Of Power | (0.10) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 2.54 | |||
| Day Typical Price | 2.52 | |||
| Price Action Indicator | (0.08) | |||
| Period Momentum Indicator | (0.02) | |||
| Relative Strength Index | 11.83 |
Novadaq Technologies Risk Indicators
The analysis of Novadaq Technologies' 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 Novadaq Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting novadaq etf 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 | 4.87 | |||
| Standard Deviation | 6.42 | |||
| Variance | 41.21 |
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.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Novadaq Technologies to cross-verify your projections. To learn how to invest in Novadaq Etf, please use our How to Invest in Novadaq Technologies guide.Note that the Novadaq Technologies information on this page should be used as a complementary analysis to other Novadaq Technologies' 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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
The market value of Novadaq Technologies is measured differently than its book value, which is the value of Novadaq that is recorded on the company's balance sheet. Investors also form their own opinion of Novadaq Technologies' value that differs from its market value or its book value, called intrinsic value, which is Novadaq Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Novadaq Technologies' market value can be influenced by many factors that don't directly affect Novadaq Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Novadaq Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Novadaq Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Novadaq Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.