AFP Capital Stock Forecast - Relative Strength Index
| AFPCAPITAL | 250.00 13.00 5.49% |
AFP Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of AFP Capital's historical fundamentals, such as revenue growth or operating cash flow patterns.
AFP |
| Previous Relative Strength Index | Relative Strength Index | Trend |
| 100.0 | 100.0 |
| Check AFP Capital Volatility | Backtest AFP Capital | Information Ratio |
AFP Capital Trading Date Momentum
| On November 29 2024 AFP Capital SA was traded for 250.00 at the closing time. The highest price during the trading period was 250.00 and the lowest recorded bid was listed for 237.00 . There was no trading activity during the period 0.0. Lack of trading volume on November 29, 2024 did not affect price variability. The overall trading delta to the current price is 5.20% . |
AFP Capital 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 AFP Capital stock to make a market-neutral strategy. Peer analysis of AFP Capital could also be used in its relative valuation, which is a method of valuing AFP Capital by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
AFP Capital Market Strength Events
Market strength indicators help investors to evaluate how AFP Capital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AFP Capital shares will generate the highest return on investment. By undertsting and applying AFP Capital stock market strength indicators, traders can identify AFP Capital SA entry and exit signals to maximize returns.
AFP Capital Risk Indicators
The analysis of AFP Capital'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 AFP Capital's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting afp 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 | 0.5015 | |||
| Standard Deviation | 1.19 | |||
| Variance | 1.41 |
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 AFP Capital
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 AFP Capital 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 AFP Capital will appreciate offsetting losses from the drop in the long position's value.Moving together with AFP Stock
Moving against AFP Stock
The ability to find closely correlated positions to AFP Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AFP Capital 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 AFP Capital - 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 AFP Capital SA to buy it.
The correlation of AFP Capital 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 AFP Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AFP Capital SA 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 AFP Capital 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.Other Information on Investing in AFP Stock
AFP Capital financial ratios help investors to determine whether AFP 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 AFP with respect to the benefits of owning AFP Capital security.