Ducgiang Chemicals Stock Forecast - Accumulation Distribution
DGC Stock | 114,000 7,000 6.54% |
Ducgiang Stock Forecast is based on your current time horizon.
Ducgiang |
Previous Accumulation Distribution | Accumulation Distribution | Trend |
67534.91 | 0.0719 |
Check Ducgiang Chemicals Volatility | Backtest Ducgiang Chemicals | Information Ratio |
Ducgiang Chemicals Trading Date Momentum
On November 23 2024 Ducgiang Chemicals Detergent was traded for 114,000 at the closing time. The maximum traded price for the trading interval was 114,000 and the lowest daily price was 105,800 . 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 5.70% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
Compare Ducgiang Chemicals to competition |
Other Forecasting Options for Ducgiang Chemicals
For every potential investor in Ducgiang, whether a beginner or expert, Ducgiang Chemicals' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Ducgiang Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Ducgiang. Basic forecasting techniques help filter out the noise by identifying Ducgiang Chemicals' price trends.Ducgiang Chemicals 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 Ducgiang Chemicals stock to make a market-neutral strategy. Peer analysis of Ducgiang Chemicals could also be used in its relative valuation, which is a method of valuing Ducgiang Chemicals by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Ducgiang Chemicals Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Ducgiang Chemicals' 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 Ducgiang Chemicals' current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Ducgiang Chemicals Market Strength Events
Market strength indicators help investors to evaluate how Ducgiang Chemicals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ducgiang Chemicals shares will generate the highest return on investment. By undertsting and applying Ducgiang Chemicals stock market strength indicators, traders can identify Ducgiang Chemicals Detergent entry and exit signals to maximize returns.
Accumulation Distribution | 0.0719 | |||
Daily Balance Of Power | 0.8537 | |||
Rate Of Daily Change | 1.07 | |||
Day Median Price | 109900.0 | |||
Day Typical Price | 111267.0 | |||
Market Facilitation Index | 8200.0 | |||
Price Action Indicator | 7600.0 | |||
Period Momentum Indicator | 7000.0 | |||
Relative Strength Index | 1.39 |
Ducgiang Chemicals Risk Indicators
The analysis of Ducgiang Chemicals' 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 Ducgiang Chemicals' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ducgiang 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 | 0.8774 | |||
Semi Deviation | 0.9614 | |||
Standard Deviation | 1.31 | |||
Variance | 1.72 | |||
Downside Variance | 1.11 | |||
Semi Variance | 0.9244 | |||
Expected Short fall | (1.14) |
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 Ducgiang Chemicals
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 Ducgiang Chemicals 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 Ducgiang Chemicals will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Ducgiang Chemicals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ducgiang Chemicals 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 Ducgiang Chemicals - 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 Ducgiang Chemicals Detergent to buy it.
The correlation of Ducgiang Chemicals 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 Ducgiang Chemicals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ducgiang Chemicals 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 Ducgiang Chemicals 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.Other Information on Investing in Ducgiang Stock
Ducgiang Chemicals financial ratios help investors to determine whether Ducgiang 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 Ducgiang with respect to the benefits of owning Ducgiang Chemicals security.