ECD Automotive Stock Forecast - Rate Of Daily Change
| ECDAW Stock | 0.02 0.0007 3.11% |
ECD Stock Forecast is based on your current time horizon.
ECD |
Most investors in ECD Automotive 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 ECD Automotive's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets ECD Automotive's price structures and extracts relationships that further increase the generated results' accuracy.
Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of ECD Automotive.| Previous Rate Of Daily Change | Rate Of Daily Change | Trend |
| 0.97 | 0.97 |
| Check ECD Automotive Volatility | Backtest ECD Automotive | Information Ratio |
ECD Automotive Trading Date Momentum
| On June 17 2024 ECD Automotive Design was traded for 0.02 at the closing time. The highest daily price throughout the period was 0.02 and the lowest price was 0.02 . There was no trading activity during the period 0.0. Lack of trading volume on 06/17/2024 did not affect price variability. The overall trading delta to current closing price is 3.21% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
Compare ECD Automotive to competition
ECD Automotive 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 ECD Automotive stock to make a market-neutral strategy. Peer analysis of ECD Automotive could also be used in its relative valuation, which is a method of valuing ECD Automotive by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
ECD Automotive Market Strength Events
Market strength indicators help investors to evaluate how ECD Automotive stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ECD Automotive shares will generate the highest return on investment. By undertsting and applying ECD Automotive stock market strength indicators, traders can identify ECD Automotive Design entry and exit signals to maximize returns.
| Accumulation Distribution | 0.26 | |||
| Daily Balance Of Power | (0.12) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 0.0197 | |||
| Day Typical Price | 0.0204 | |||
| Market Facilitation Index | 0.0059 | |||
| Price Action Indicator | 0.0018 | |||
| Period Momentum Indicator | (0.0007) |
ECD Automotive Risk Indicators
The analysis of ECD Automotive'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 ECD Automotive's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ecd 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 | 27.74 | |||
| Semi Deviation | 22.26 | |||
| Standard Deviation | 39.39 | |||
| Variance | 1551.92 | |||
| Downside Variance | 818.63 | |||
| Semi Variance | 495.4 | |||
| Expected Short fall | (45.53) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for ECD Stock Analysis
When running ECD Automotive's price analysis, check to measure ECD Automotive'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 ECD Automotive is operating at the current time. Most of ECD Automotive's value examination focuses on studying past and present price action to predict the probability of ECD Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ECD Automotive's price. Additionally, you may evaluate how the addition of ECD Automotive to your portfolios can decrease your overall portfolio volatility.