Data IO Stock Forecast - Accumulation Distribution
| DAIO Stock | USD 3.01 0.13 4.14% |
Data Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Data IO stock prices and determine the direction of Data IO's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Data IO's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Data IO's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Data IO's systematic risk associated with finding meaningful patterns of Data IO fundamentals over time.
Check out Historical Fundamental Analysis of Data IO to cross-verify your projections. Data |
Open Interest Against 2024-05-17 Data Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Data IO's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Data IO's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Data IO stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Data IO's open interest, investors have to compare it to Data IO's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Data IO is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Data. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Data IO 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 Data IO's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Data IO's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Data IO is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Data IO to determine if accumulation or reduction is taking place in the market. This value is adjusted by Data IO trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 5519.07 | 0.0717 |
| Check Data IO Volatility | Backtest Data IO | Information Ratio |
Data IO Trading Date Momentum
| On April 30 2024 Data IO was traded for 3.01 at the closing time. The top price for the day was 3.21 and the lowest listed price was 2.98 . There was no trading activity during the period 0.0. Lack of trading volume on April 30, 2024 did not affect price variability. The overall trading delta against the current closing price is 4.32% . |
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 Data IO to competition |
Other Forecasting Options for Data IO
For every potential investor in Data, whether a beginner or expert, Data IO's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Data Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Data. Basic forecasting techniques help filter out the noise by identifying Data IO's price trends.Data IO 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 Data IO stock to make a market-neutral strategy. Peer analysis of Data IO could also be used in its relative valuation, which is a method of valuing Data IO by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Data IO 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 Data IO'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 Data IO's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Data IO Market Strength Events
Market strength indicators help investors to evaluate how Data IO stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Data IO shares will generate the highest return on investment. By undertsting and applying Data IO stock market strength indicators, traders can identify Data IO entry and exit signals to maximize returns.
Data IO Risk Indicators
The analysis of Data IO'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 Data IO's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting data 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 | 2.07 | |||
| Semi Deviation | 3.01 | |||
| Standard Deviation | 3.09 | |||
| Variance | 9.53 | |||
| Downside Variance | 10.07 | |||
| Semi Variance | 9.05 | |||
| Expected Short fall | (2.15) |
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 Data IO 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, Data IO's short interest history, or implied volatility extrapolated from Data IO options trading.
Pair Trading with Data IO
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 Data IO 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 Data IO will appreciate offsetting losses from the drop in the long position's value.Moving against Data Stock
| 0.66 | LPL | LG Display Financial Report 20th of May 2024 | PairCorr |
| 0.63 | AAPL | Apple Inc Earnings Call This Week | PairCorr |
| 0.5 | IMTE | Integrated Media Tec Trending | PairCorr |
| 0.48 | ZEPP | Zepp Health Corp | PairCorr |
The ability to find closely correlated positions to Data IO could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Data IO 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 Data IO - 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 Data IO to buy it.
The correlation of Data IO 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 Data IO moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Data IO 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 Data IO 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 Data IO to cross-verify your projections. To learn how to invest in Data Stock, please use our How to Invest in Data IO guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Data Stock analysis
When running Data IO's price analysis, check to measure Data IO's 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 Data IO is operating at the current time. Most of Data IO's value examination focuses on studying past and present price action to predict the probability of Data IO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Data IO's price. Additionally, you may evaluate how the addition of Data IO to your portfolios can decrease your overall portfolio volatility.
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Is Data IO's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Data IO. If investors know Data will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Data IO listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.83) | Earnings Share (0.05) | Revenue Per Share 2.995 | Quarterly Revenue Growth (0.16) | Return On Assets (0.01) |
The market value of Data IO is measured differently than its book value, which is the value of Data that is recorded on the company's balance sheet. Investors also form their own opinion of Data IO's value that differs from its market value or its book value, called intrinsic value, which is Data IO's 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 Data IO's market value can be influenced by many factors that don't directly affect Data IO's 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 Data IO's value and its price as these two are different measures arrived at by different means. Investors typically determine if Data IO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Data IO's 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.