Advantage Oil Pink Sheet Forecast - Accumulation Distribution
| AAVVFDelisted Stock | USD 6.03 0.13 2.11% |
Advantage Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Advantage Oil stock prices and determine the direction of Advantage Oil Gas's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Advantage Oil's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. Advantage |
Most investors in Advantage Oil 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 Advantage Oil's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Advantage Oil's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Advantage Oil is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Advantage Oil Gas to determine if accumulation or reduction is taking place in the market. This value is adjusted by Advantage Oil trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 1972.22 | 193.45 |
| Check Advantage Oil Volatility | Backtest Advantage Oil | Trend Details |
Advantage Oil Trading Date Momentum
| On February 01 2023 Advantage Oil Gas was traded for 6.02 at the closing time. The highest daily price throughout the period was 6.15 and the lowest price was 5.90 . The daily volume was 69.4 K. The net trading volume on 02/01/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 3.83% . The overall trading delta to current closing price is 2.56% . |
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 Advantage Oil to competition
View Advantage Oil Related Equities
| Risk & Return | Correlation |
Advantage Oil Market Strength Events
Market strength indicators help investors to evaluate how Advantage Oil pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Advantage Oil shares will generate the highest return on investment. By undertsting and applying Advantage Oil pink sheet market strength indicators, traders can identify Advantage Oil Gas entry and exit signals to maximize returns.
Advantage Oil Risk Indicators
The analysis of Advantage Oil'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 Advantage Oil's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting advantage pink sheet 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 | 2.32 | |||
| Standard Deviation | 3.1 | |||
| Variance | 9.62 |
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 Advantage Oil 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, Advantage Oil's short interest history, or implied volatility extrapolated from Advantage Oil options trading.
Pair Trading with Advantage Oil
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 Advantage Oil 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 Advantage Oil will appreciate offsetting losses from the drop in the long position's value.Moving together with Advantage Pink Sheet
| 0.8 | EP | Empire Petroleum Corp | PairCorr |
Moving against Advantage Pink Sheet
| 0.93 | PR | Permian Resources Financial Report 13th of May 2024 | PairCorr |
| 0.93 | SM | SM Energy | PairCorr |
| 0.93 | VIST | Vista Oil Gas | PairCorr |
| 0.91 | SD | SandRidge Energy | PairCorr |
| 0.91 | BRY | Berry Petroleum Corp Financial Report 1st of May 2024 | PairCorr |
The ability to find closely correlated positions to Advantage Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Advantage Oil 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 Advantage Oil - 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 Advantage Oil Gas to buy it.
The correlation of Advantage Oil 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 Advantage Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Advantage Oil Gas 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 Advantage Oil 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 Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Other Consideration for investing in Advantage Pink Sheet
If you are still planning to invest in Advantage Oil Gas check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Advantage Oil's history and understand the potential risks before investing.
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