Pyxis Tankers Stock Forecast - Accumulation Distribution
| PXS Stock | USD 4.62 0.02 0.43% |
Pyxis Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Pyxis Tankers stock prices and determine the direction of Pyxis Tankers's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Pyxis Tankers' historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Pyxis Tankers to cross-verify your projections. Pyxis |
Most investors in Pyxis Tankers 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 Pyxis Tankers' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Pyxis Tankers' price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Pyxis Tankers is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Pyxis Tankers to determine if accumulation or reduction is taking place in the market. This value is adjusted by Pyxis Tankers trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 261.88 | 0.034 |
| Check Pyxis Tankers Volatility | Backtest Pyxis Tankers | Information Ratio |
Pyxis Tankers Trading Date Momentum
| On April 19 2024 Pyxis Tankers was traded for 4.62 at the closing time. Highest Pyxis Tankers's price during the trading hours was 4.71 and the lowest price during the day was 4.55 . There was no trading activity during the period 0.0. Lack of trading volume on the 19th of April did not cause price change. The trading delta at closing time to current price is 0.43% . |
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 Pyxis Tankers to competition |
Other Forecasting Options for Pyxis Tankers
For every potential investor in Pyxis, whether a beginner or expert, Pyxis Tankers' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Pyxis Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Pyxis. Basic forecasting techniques help filter out the noise by identifying Pyxis Tankers' price trends.Pyxis Tankers 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 Pyxis Tankers stock to make a market-neutral strategy. Peer analysis of Pyxis Tankers could also be used in its relative valuation, which is a method of valuing Pyxis Tankers by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Pyxis Tankers 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 Pyxis Tankers' 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 Pyxis Tankers' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Pyxis Tankers Market Strength Events
Market strength indicators help investors to evaluate how Pyxis Tankers stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pyxis Tankers shares will generate the highest return on investment. By undertsting and applying Pyxis Tankers stock market strength indicators, traders can identify Pyxis Tankers entry and exit signals to maximize returns.
Pyxis Tankers Risk Indicators
The analysis of Pyxis Tankers' 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 Pyxis Tankers' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pyxis 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 | 1.49 | |||
| Semi Deviation | 1.67 | |||
| Standard Deviation | 2.0 | |||
| Variance | 4.01 | |||
| Downside Variance | 3.31 | |||
| Semi Variance | 2.8 | |||
| Expected Short fall | (1.85) |
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 Pyxis Tankers 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
Align your risk with return expectations
Check out Historical Fundamental Analysis of Pyxis Tankers to cross-verify your projections. For more information on how to buy Pyxis Stock please use our How to Invest in Pyxis Tankers guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Pyxis Stock analysis
When running Pyxis Tankers' price analysis, check to measure Pyxis Tankers' 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 Pyxis Tankers is operating at the current time. Most of Pyxis Tankers' value examination focuses on studying past and present price action to predict the probability of Pyxis Tankers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pyxis Tankers' price. Additionally, you may evaluate how the addition of Pyxis Tankers to your portfolios can decrease your overall portfolio volatility.
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |
Is Pyxis Tankers' 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 Pyxis Tankers. If investors know Pyxis 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 Pyxis Tankers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Pyxis Tankers is measured differently than its book value, which is the value of Pyxis that is recorded on the company's balance sheet. Investors also form their own opinion of Pyxis Tankers' value that differs from its market value or its book value, called intrinsic value, which is Pyxis Tankers' 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 Pyxis Tankers' market value can be influenced by many factors that don't directly affect Pyxis Tankers' 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 Pyxis Tankers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Pyxis Tankers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pyxis Tankers' 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.