Air Asia Stock Forecast - Price Action Indicator

2630 Stock  TWD 30.50  1.00  3.17%   
Air Stock Forecast is based on your current time horizon.
  
Air Asia Co has current Price Action Indicator of (0.97). Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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Air Asia Trading Date Momentum

On November 28 2024 Air Asia Co was traded for  30.50  at the closing time. The highest price during the trading period was 31.45  and the lowest recorded bid was listed for  30.50 . There was no trading activity during the period 0.0. Lack of trading volume on November 28, 2024 did not affect price variability. The overall trading delta to the current price is 2.46% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Air Asia

For every potential investor in Air, whether a beginner or expert, Air Asia's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Air Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Air. Basic forecasting techniques help filter out the noise by identifying Air Asia's price trends.

Air Asia 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 Air Asia stock to make a market-neutral strategy. Peer analysis of Air Asia could also be used in its relative valuation, which is a method of valuing Air Asia by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Air Asia 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 Air Asia'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 Air Asia's current price.

Air Asia Market Strength Events

Market strength indicators help investors to evaluate how Air Asia stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Air Asia shares will generate the highest return on investment. By undertsting and applying Air Asia stock market strength indicators, traders can identify Air Asia Co entry and exit signals to maximize returns.

Air Asia Risk Indicators

The analysis of Air Asia'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 Air Asia's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting air 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.
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Air Stock Analysis

When running Air Asia's price analysis, check to measure Air Asia'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 Air Asia is operating at the current time. Most of Air Asia's value examination focuses on studying past and present price action to predict the probability of Air Asia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air Asia's price. Additionally, you may evaluate how the addition of Air Asia to your portfolios can decrease your overall portfolio volatility.