AGF American Fund Forecast - Period Momentum Indicator

AGF5036 Fund   73.00  0.02  0.03%   
Investors can use prediction functions to forecast AGF American's fund prices and determine the direction of AGF American Growth's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading.
  
AGF American Growth has current Period Momentum Indicator of 0.02. Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
Check AGF American VolatilityBacktest AGF AmericanInformation Ratio  

AGF American Trading Date Momentum

On December 02 2024 AGF American Growth was traded for  73.00  at the closing time. The highest price during the trading period was 73.00  and the lowest recorded bid was listed for  73.00 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 did not affect price variability. The overall trading delta to the current price is 0.00% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for AGF American

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

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

AGF American Growth Technical and Predictive Analytics

The fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of AGF American'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 AGF American's current price.

AGF American Market Strength Events

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

AGF American Risk Indicators

The analysis of AGF American'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 AGF American's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting agf fund 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 AGF American

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 AGF American 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 AGF American will appreciate offsetting losses from the drop in the long position's value.

Moving together with AGF Fund

  0.920P0000706A RBC Select BalancedPairCorr
  0.930P00007069 RBC PortefeuillePairCorr
  0.90P0000IUYO Edgepoint Global PorPairCorr
  0.850P0001FAU8 TD Comfort BalancedPairCorr
  0.970P00012UCU RBC Global EquityPairCorr
The ability to find closely correlated positions to AGF American could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AGF American 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 AGF American - 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 AGF American Growth to buy it.
The correlation of AGF American 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 AGF American moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AGF American Growth 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 AGF American 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
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