Canon Stock Forecast - Price Action Indicator
CAJDelisted Stock | USD 21.90 0.02 0.09% |
Canon Stock Forecast is based on your current time horizon.
Canon |
Check Canon Volatility | Backtest Canon | Information Ratio |
Canon Trading Date Momentum
On December 02 2024 Canon Inc ADR was traded for 21.90 at the closing time. Highest Canon's price during the trading hours was 21.92 and the lowest price during the day was 21.59 . There was no trading activity during the period 0.0. Lack of trading volume on the 2nd of December did not affect price variability. The overall trading delta to current price is 0.09% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Canon 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 Canon stock to make a market-neutral strategy. Peer analysis of Canon could also be used in its relative valuation, which is a method of valuing Canon by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Canon Market Strength Events
Market strength indicators help investors to evaluate how Canon stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Canon shares will generate the highest return on investment. By undertsting and applying Canon stock market strength indicators, traders can identify Canon Inc ADR entry and exit signals to maximize returns.
Canon Risk Indicators
The analysis of Canon'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 Canon's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting canon 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 | 0.868 | |||
Semi Deviation | 1.32 | |||
Standard Deviation | 1.32 | |||
Variance | 1.74 | |||
Downside Variance | 1.96 | |||
Semi Variance | 1.74 | |||
Expected Short fall | (1.00) |
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.
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Other Consideration for investing in Canon Stock
If you are still planning to invest in Canon Inc ADR 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 Canon's history and understand the potential risks before investing.
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