Alphanam Stock Forecast - Market Facilitation Index

AME Stock   5,000  200.00  4.17%   
Alphanam Stock Forecast is based on your current time horizon.
  
Alphanam ME has current Market Facilitation Index of 200.0. Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume.
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Alphanam Trading Date Momentum

On November 23 2024 Alphanam ME was traded for  5,000  at the closing time. The maximum traded price for the trading interval was 5,000  and the lowest daily price was  4,800 . There was no trading activity during the period 0.0. Lack of trading volume on 23rd of November 2024 did not affect price variability. The overall trading delta to the closing price today is 4.00% .
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
Compare Alphanam to competition

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

Alphanam Market Strength Events

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

Alphanam Risk Indicators

The analysis of Alphanam'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 Alphanam's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting alphanam 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 Alphanam

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

Moving together with Alphanam Stock

  0.74ADS Damsan JSCPairCorr
  0.85AAA An Phat PlasticPairCorr
  0.79APG APG Securities JointPairCorr

Moving against Alphanam Stock

  0.49BCE Binh Duong ConstructionPairCorr
The ability to find closely correlated positions to Alphanam could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alphanam 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 Alphanam - 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 Alphanam ME to buy it.
The correlation of Alphanam 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 Alphanam moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alphanam ME 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 Alphanam 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 Alphanam Stock

Alphanam financial ratios help investors to determine whether Alphanam 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 Alphanam with respect to the benefits of owning Alphanam security.