Azure Power Stock Forecast - Price Action Indicator
| AZREDelisted Stock | USD 0.34 1.24 78.48% |
Azure Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Azure Power stock prices and determine the direction of Azure Power Global's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Azure Power's historical fundamentals, such as revenue growth or operating cash flow patterns.
Azure |
| Previous Price Action Indicator | Price Action Indicator | Trend |
| (0.59) | (0.59) |
| Check Azure Power Volatility | Backtest Azure Power | Information Ratio |
Azure Power Trading Date Momentum
| On November 26 2024 Azure Power Global was traded for 0.34 at the closing time. The top price for the day was 0.34 and the lowest listed price was 0.29 . There was no trading activity during the period 0.0. Lack of trading volume on November 26, 2024 did not affect price variability. The overall trading delta against the current closing price is 364.71% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
Compare Azure Power to competition
Azure 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 Azure Power stock to make a market-neutral strategy. Peer analysis of Azure Power could also be used in its relative valuation, which is a method of valuing Azure Power by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Azure Power Market Strength Events
Market strength indicators help investors to evaluate how Azure Power stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Azure Power shares will generate the highest return on investment. By undertsting and applying Azure Power stock market strength indicators, traders can identify Azure Power Global entry and exit signals to maximize returns.
Azure Power Risk Indicators
The analysis of Azure Power'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 Azure Power's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting azure 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 | 5.15 | |||
| Standard Deviation | 10.98 | |||
| Variance | 120.57 |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 metropolitan statistical area. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Other Consideration for investing in Azure Stock
If you are still planning to invest in Azure Power Global 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 Azure Power's history and understand the potential risks before investing.
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |