MagnaChip Semiconductor Stock Forecast - Accumulation Distribution
| MX Stock | USD 5.09 0.16 3.25% |
MagnaChip Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast MagnaChip Semiconductor stock prices and determine the direction of MagnaChip Semiconductor's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of MagnaChip Semiconductor's historical fundamentals, such as revenue growth or operating cash flow patterns. Although MagnaChip Semiconductor's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of MagnaChip Semiconductor's systematic risk associated with finding meaningful patterns of MagnaChip Semiconductor fundamentals over time.
Check out Historical Fundamental Analysis of MagnaChip Semiconductor to cross-verify your projections. MagnaChip |
Open Interest Against 2024-05-17 MagnaChip Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast MagnaChip Semiconductor's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in MagnaChip Semiconductor's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for MagnaChip Semiconductor stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current MagnaChip Semiconductor's open interest, investors have to compare it to MagnaChip Semiconductor's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of MagnaChip Semiconductor is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in MagnaChip. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in MagnaChip Semiconductor 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 MagnaChip Semiconductor's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets MagnaChip Semiconductor's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which MagnaChip Semiconductor is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of MagnaChip Semiconductor to determine if accumulation or reduction is taking place in the market. This value is adjusted by MagnaChip Semiconductor trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 16624.5 | 5878.8 |
| Check MagnaChip Semiconductor Volatility | Backtest MagnaChip Semiconductor | Trend Details |
MagnaChip Semiconductor Trading Date Momentum
| On April 18 2024 MagnaChip Semiconductor was traded for 4.87 at the closing time. The highest price during the trading period was 4.96 and the lowest recorded bid was listed for 4.84 . The volume for the day was 290.4 K. This history from April 18, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.22% . The trading delta at closing time to the current price is 2.64% . |
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 MagnaChip Semiconductor to competition |
Other Forecasting Options for MagnaChip Semiconductor
For every potential investor in MagnaChip, whether a beginner or expert, MagnaChip Semiconductor's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. MagnaChip Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in MagnaChip. Basic forecasting techniques help filter out the noise by identifying MagnaChip Semiconductor's price trends.MagnaChip Semiconductor 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 MagnaChip Semiconductor stock to make a market-neutral strategy. Peer analysis of MagnaChip Semiconductor could also be used in its relative valuation, which is a method of valuing MagnaChip Semiconductor by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
MagnaChip Semiconductor 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 MagnaChip Semiconductor'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 MagnaChip Semiconductor's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
MagnaChip Semiconductor Market Strength Events
Market strength indicators help investors to evaluate how MagnaChip Semiconductor stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MagnaChip Semiconductor shares will generate the highest return on investment. By undertsting and applying MagnaChip Semiconductor stock market strength indicators, traders can identify MagnaChip Semiconductor entry and exit signals to maximize returns.
MagnaChip Semiconductor Risk Indicators
The analysis of MagnaChip Semiconductor'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 MagnaChip Semiconductor's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting magnachip 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 | 1.81 | |||
| Standard Deviation | 2.68 | |||
| Variance | 7.17 |
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.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of MagnaChip Semiconductor to cross-verify your projections. For more information on how to buy MagnaChip Stock please use our How to Invest in MagnaChip Semiconductor guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for MagnaChip Stock analysis
When running MagnaChip Semiconductor's price analysis, check to measure MagnaChip Semiconductor'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 MagnaChip Semiconductor is operating at the current time. Most of MagnaChip Semiconductor's value examination focuses on studying past and present price action to predict the probability of MagnaChip Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MagnaChip Semiconductor's price. Additionally, you may evaluate how the addition of MagnaChip Semiconductor to your portfolios can decrease your overall portfolio volatility.
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Is MagnaChip Semiconductor's 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 MagnaChip Semiconductor. If investors know MagnaChip 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 MagnaChip Semiconductor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.95) | Earnings Share (0.89) | Revenue Per Share 5.609 | Quarterly Revenue Growth (0.17) | Return On Assets (0.06) |
The market value of MagnaChip Semiconductor is measured differently than its book value, which is the value of MagnaChip that is recorded on the company's balance sheet. Investors also form their own opinion of MagnaChip Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is MagnaChip Semiconductor's 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 MagnaChip Semiconductor's market value can be influenced by many factors that don't directly affect MagnaChip Semiconductor's 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 MagnaChip Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if MagnaChip Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MagnaChip Semiconductor's 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.