Parex Resources Stock Forecast - Accumulation Distribution
| PXT Stock | CAD 23.61 0.03 0.13% |
Parex Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Parex Resources stock prices and determine the direction of Parex Resources's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Parex Resources' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Parex Resources' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Parex Resources' systematic risk associated with finding meaningful patterns of Parex Resources fundamentals over time.
Check out Historical Fundamental Analysis of Parex Resources to cross-verify your projections. Parex |
Most investors in Parex Resources 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 Parex Resources' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Parex Resources' price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Parex Resources is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Parex Resources to determine if accumulation or reduction is taking place in the market. This value is adjusted by Parex Resources trading volume to give more weight to distributions with higher volume over lower volume.| Check Parex Resources Volatility | Backtest Parex Resources | Information 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
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Other Forecasting Options for Parex Resources
For every potential investor in Parex, whether a beginner or expert, Parex Resources' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Parex Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Parex. Basic forecasting techniques help filter out the noise by identifying Parex Resources' price trends.Parex Resources 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 Parex Resources stock to make a market-neutral strategy. Peer analysis of Parex Resources could also be used in its relative valuation, which is a method of valuing Parex Resources by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Parex Resources 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 Parex Resources' 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 Parex Resources' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Parex Resources Market Strength Events
Market strength indicators help investors to evaluate how Parex Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Parex Resources shares will generate the highest return on investment. By undertsting and applying Parex Resources stock market strength indicators, traders can identify Parex Resources entry and exit signals to maximize returns.
Parex Resources Risk Indicators
The analysis of Parex Resources' 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 Parex Resources' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting parex 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 | 1.11 | |||
| Semi Deviation | 2.12 | |||
| Standard Deviation | 1.73 | |||
| Variance | 2.98 | |||
| Downside Variance | 5.72 | |||
| Semi Variance | 4.48 | |||
| Expected Short fall | (1.04) |
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.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Parex Resources using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
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Check out Historical Fundamental Analysis of Parex Resources to cross-verify your projections. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Parex Stock analysis
When running Parex Resources' price analysis, check to measure Parex Resources' 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 Parex Resources is operating at the current time. Most of Parex Resources' value examination focuses on studying past and present price action to predict the probability of Parex Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parex Resources' price. Additionally, you may evaluate how the addition of Parex Resources to your portfolios can decrease your overall portfolio volatility.
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