Abaxx Technologies Stock Forecast - Rate Of Daily Change

ABXX Stock   10.86  0.34  3.04%   
Abaxx Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Abaxx Technologies stock prices and determine the direction of Abaxx Technologies's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Abaxx Technologies' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Abaxx Technologies' Accounts Payable is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 5.5 M, whereas Retained Earnings are projected to grow to (48.7 M).
Abaxx Technologies has current Rate Of Daily Change of 0.97. Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Abaxx Technologies.
Check Abaxx Technologies VolatilityBacktest Abaxx TechnologiesInformation Ratio  

Abaxx Technologies Trading Date Momentum

On February 04 2025 Abaxx Technologies was traded for  10.86  at the closing time. The highest price during the trading period was 11.16  and the lowest recorded bid was listed for  10.86 . The volume for the day was 13.5 K. This history from February 4, 2025 did not affect price variability. The overall trading delta to the current price is 2.76% .
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for Abaxx Technologies

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

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

Abaxx Technologies 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 Abaxx Technologies' 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 Abaxx Technologies' current price.

Abaxx Technologies Market Strength Events

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

Abaxx Technologies Risk Indicators

The analysis of Abaxx Technologies' 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 Abaxx Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting abaxx 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.

Pair Trading with Abaxx Technologies

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 Abaxx Technologies 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 Abaxx Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving together with Abaxx Stock

  0.69UNH UnitedHealth Group CDRPairCorr

Moving against Abaxx Stock

  0.49WMT Walmart Inc CDRPairCorr
  0.49AMZN Amazon CDRPairCorr
  0.34IBM International BusinessPairCorr
The ability to find closely correlated positions to Abaxx Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Abaxx Technologies 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 Abaxx Technologies - 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 Abaxx Technologies to buy it.
The correlation of Abaxx Technologies 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 Abaxx Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Abaxx Technologies 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 Abaxx Technologies 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Abaxx Stock

Abaxx Technologies financial ratios help investors to determine whether Abaxx Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Abaxx with respect to the benefits of owning Abaxx Technologies security.