Aenza SAA Stock Forecast - Period Momentum Indicator
| AENZDelisted Stock | USD 1.94 0.00 0.00% |
Aenza Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Aenza SAA stock prices and determine the direction of Aenza SAA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Aenza SAA'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 board of governors. Aenza |
Most investors in Aenza SAA 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 Aenza SAA's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Aenza SAA's price structures and extracts relationships that further increase the generated results' accuracy.
Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.| Check Aenza SAA Volatility | Backtest Aenza SAA | Information Ratio |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
Compare Aenza SAA to competition
Aenza SAA 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 Aenza SAA stock to make a market-neutral strategy. Peer analysis of Aenza SAA could also be used in its relative valuation, which is a method of valuing Aenza SAA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Aenza SAA Market Strength Events
Market strength indicators help investors to evaluate how Aenza SAA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aenza SAA shares will generate the highest return on investment. By undertsting and applying Aenza SAA stock market strength indicators, traders can identify Aenza SAA entry and exit signals to maximize returns.
Aenza SAA Risk Indicators
The analysis of Aenza SAA'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 Aenza SAA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting aenza 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 | 4.07 | |||
| Standard Deviation | 6.24 | |||
| Variance | 38.88 |
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 Aenza SAA
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 Aenza SAA 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 Aenza SAA will appreciate offsetting losses from the drop in the long position's value.Moving against Aenza Stock
| 0.65 | GE | GE Aerospace Financial Report 23rd of July 2024 | PairCorr |
| 0.6 | AXP | American Express Financial Report 19th of July 2024 | PairCorr |
| 0.56 | BAC | Bank of America Sell-off Trend | PairCorr |
| 0.55 | XOM | Exxon Mobil Corp Financial Report 26th of July 2024 | PairCorr |
| 0.54 | MACA | Moringa Acquisition Corp | PairCorr |
The ability to find closely correlated positions to Aenza SAA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aenza SAA 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 Aenza SAA - 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 Aenza SAA to buy it.
The correlation of Aenza SAA 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 Aenza SAA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aenza SAA 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 Aenza SAA 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 board of governors. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Other Consideration for investing in Aenza Stock
If you are still planning to invest in Aenza SAA 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 Aenza SAA's history and understand the potential risks before investing.
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