AbcamPLC Stock Forecast - Accumulation Distribution
| ABCMDelisted Stock | USD 23.99 0.00 0.00% |
AbcamPLC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast AbcamPLC stock prices and determine the direction of AbcamPLC's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of AbcamPLC'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 main economic indicators. AbcamPLC |
Most investors in AbcamPLC 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 AbcamPLC's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets AbcamPLC's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which AbcamPLC is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of AbcamPLC to determine if accumulation or reduction is taking place in the market. This value is adjusted by AbcamPLC trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 2993.94 | 13997.62 |
| Check AbcamPLC Volatility | Backtest AbcamPLC | Trend Details |
AbcamPLC Trading Date Momentum
| On May 10 2022 AbcamPLC was traded for 13.44 at the closing time. The top price for the day was 13.57 and the lowest listed price was 13.09 . The trading volume for the day was 174.7 K. The trading history from May 10, 2022 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 5.91% . The overall trading delta against the current closing price is 5.91% . |
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 AbcamPLC to competition
AbcamPLC 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 AbcamPLC stock to make a market-neutral strategy. Peer analysis of AbcamPLC could also be used in its relative valuation, which is a method of valuing AbcamPLC by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
AbcamPLC Market Strength Events
Market strength indicators help investors to evaluate how AbcamPLC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AbcamPLC shares will generate the highest return on investment. By undertsting and applying AbcamPLC stock market strength indicators, traders can identify AbcamPLC entry and exit signals to maximize returns.
| Accumulation Distribution | 8.0E-4 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 23.99 | |||
| Day Typical Price | 23.99 | |||
| Market Facilitation Index | 0.02 | |||
| Relative Strength Index | 72.57 |
AbcamPLC Risk Indicators
The analysis of AbcamPLC'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 AbcamPLC's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting abcamplc 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 | 0.3393 | |||
| Semi Deviation | 0.1472 | |||
| Standard Deviation | 0.6195 | |||
| Variance | 0.3838 | |||
| Downside Variance | 0.1566 | |||
| Semi Variance | 0.0217 | |||
| Expected Short fall | (0.43) |
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.
Pair Trading with AbcamPLC
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 AbcamPLC 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 AbcamPLC will appreciate offsetting losses from the drop in the long position's value.Moving against AbcamPLC Stock
| 0.85 | BA | Boeing Earnings Call This Week | PairCorr |
| 0.74 | TRCA | Twin Ridge Capital | PairCorr |
| 0.71 | APAC | Stonebridge Acquisition Symbol Change | PairCorr |
| 0.54 | PFE | Pfizer Inc Sell-off Trend | PairCorr |
| 0.46 | LION | Lionheart III Corp | PairCorr |
The ability to find closely correlated positions to AbcamPLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AbcamPLC 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 AbcamPLC - 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 AbcamPLC to buy it.
The correlation of AbcamPLC 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 AbcamPLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AbcamPLC 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 AbcamPLC 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 main economic indicators. Note that the AbcamPLC information on this page should be used as a complementary analysis to other AbcamPLC's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Other Consideration for investing in AbcamPLC Stock
If you are still planning to invest in AbcamPLC 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 AbcamPLC's history and understand the potential risks before investing.
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