Compagnie Pink Sheet Forecast - Accumulation Distribution
| CODYY Stock | USD 15.06 0.05 0.33% |
Compagnie Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Compagnie stock prices and determine the direction of Compagnie de Saint Gobain's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Compagnie's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Compagnie to cross-verify your projections. Compagnie |
Most investors in Compagnie 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 Compagnie's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Compagnie's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Compagnie is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Compagnie de Saint Gobain to determine if accumulation or reduction is taking place in the market. This value is adjusted by Compagnie trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 10756.58 | 5768.48 |
| Check Compagnie Volatility | Backtest Compagnie | Trend Details |
Compagnie Trading Date Momentum
| On November 23 2022 Compagnie de Saint Gobain was traded for 9.01 at the closing time. The highest daily price throughout the period was 9.35 and the lowest price was 9.01 . The daily volume was 44.4 K. The net trading volume on 11/23/2022 added to the next day price jump. The overall trading delta to closing price of the next trading day was 1.92% . The overall trading delta to current closing price is 3.96% . |
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 Compagnie to competition |
Other Forecasting Options for Compagnie
For every potential investor in Compagnie, whether a beginner or expert, Compagnie's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Compagnie Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Compagnie. Basic forecasting techniques help filter out the noise by identifying Compagnie's price trends.Compagnie 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 Compagnie pink sheet to make a market-neutral strategy. Peer analysis of Compagnie could also be used in its relative valuation, which is a method of valuing Compagnie by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Compagnie de Saint Technical and Predictive Analytics
The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Compagnie's 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 Compagnie's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Compagnie Market Strength Events
Market strength indicators help investors to evaluate how Compagnie 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 Compagnie shares will generate the highest return on investment. By undertsting and applying Compagnie pink sheet market strength indicators, traders can identify Compagnie de Saint Gobain entry and exit signals to maximize returns.
Compagnie Risk Indicators
The analysis of Compagnie'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 Compagnie's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting compagnie 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 | 1.09 | |||
| Semi Deviation | 1.34 | |||
| Standard Deviation | 1.36 | |||
| Variance | 1.84 | |||
| Downside Variance | 2.14 | |||
| Semi Variance | 1.78 | |||
| Expected Short fall | (1.13) |
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 Compagnie
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 Compagnie 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 Compagnie will appreciate offsetting losses from the drop in the long position's value.Moving together with Compagnie Pink Sheet
| 0.94 | TT | Trane Technologies plc Financial Report 1st of May 2024 | PairCorr |
| 0.86 | JCI | Johnson Controls Int Financial Report 3rd of May 2024 | PairCorr |
Moving against Compagnie Pink Sheet
| 0.88 | DKILY | Daikin Industries | PairCorr |
| 0.87 | DKILF | Daikin IndustriesLtd | PairCorr |
| 0.67 | NDRBF | NIBE Industrier AB | PairCorr |
| 0.6 | NIABY | NIBE Industrier AB | PairCorr |
The ability to find closely correlated positions to Compagnie could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Compagnie 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 Compagnie - 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 Compagnie de Saint Gobain to buy it.
The correlation of Compagnie 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 Compagnie moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Compagnie de Saint 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 Compagnie 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 Historical Fundamental Analysis of Compagnie to cross-verify your projections. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Compagnie Pink Sheet analysis
When running Compagnie's price analysis, check to measure Compagnie'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 Compagnie is operating at the current time. Most of Compagnie's value examination focuses on studying past and present price action to predict the probability of Compagnie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compagnie's price. Additionally, you may evaluate how the addition of Compagnie to your portfolios can decrease your overall portfolio volatility.
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