Axion Power Pink Sheet Forecast - Day Median Price
AXPWQDelisted Stock | USD 0.0001 0.00 0.00% |
Axion Pink Sheet Forecast is based on your current time horizon.
Axion |
Previous Day Median Price | Day Median Price | Trend |
1.0E-4 | 1.0E-4 |
Check Axion Power Volatility | Backtest Axion Power | Information Ratio |
Axion Power Trading Date Momentum
On November 22 2024 Axion Power International was traded for 0.0001 at the closing time. The highest daily price throughout the period was 0.0001 and the lowest price was 0.0001 . There was no trading activity during the period 0.0. Lack of trading volume on 11/22/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
The median price is the midpoint of the trading periods range.
Compare Axion Power to competition
Axion Power 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 Axion Power pink sheet to make a market-neutral strategy. Peer analysis of Axion Power could also be used in its relative valuation, which is a method of valuing Axion Power by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Axion Power Market Strength Events
Market strength indicators help investors to evaluate how Axion Power pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Axion Power shares will generate the highest return on investment. By undertsting and applying Axion Power pink sheet market strength indicators, traders can identify Axion Power International entry and exit signals to maximize returns.
Rate Of Daily Change | 1.0 | |||
Day Median Price | 1.0E-4 | |||
Day Typical Price | 1.0E-4 |
Pair Trading with Axion Power
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 Axion Power 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 Axion Power will appreciate offsetting losses from the drop in the long position's value.Moving together with Axion Pink Sheet
The ability to find closely correlated positions to Axion Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Axion Power 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 Axion Power - 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 Axion Power International to buy it.
The correlation of Axion Power 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 Axion Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Axion Power International 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 Axion Power 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.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Other Consideration for investing in Axion Pink Sheet
If you are still planning to invest in Axion Power International check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Axion Power's history and understand the potential risks before investing.
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