DOMESCO Medical Stock Forecast - Accumulation Distribution
| DMC Stock | 64,500 2,000 3.20% |
DOMESCO Stock Forecast is based on your current time horizon.
DOMESCO |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 5.56 | 0.0046 |
| Check DOMESCO Medical Volatility | Backtest DOMESCO Medical | Information Ratio |
DOMESCO Medical Trading Date Momentum
| On December 01 2024 DOMESCO Medical Import was traded for 64,500 at the closing time. The maximum traded price for the trading interval was 64,800 and the lowest daily price was 64,500 . There was no trading activity during the period 0.0. Lack of trading volume on 1st of December 2024 did not affect price variability. The overall trading delta to the closing price today is 0.47% . |
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 DOMESCO Medical to competition |
Other Forecasting Options for DOMESCO Medical
For every potential investor in DOMESCO, whether a beginner or expert, DOMESCO Medical's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. DOMESCO Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in DOMESCO. Basic forecasting techniques help filter out the noise by identifying DOMESCO Medical's price trends.DOMESCO Medical 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 DOMESCO Medical stock to make a market-neutral strategy. Peer analysis of DOMESCO Medical could also be used in its relative valuation, which is a method of valuing DOMESCO Medical by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
DOMESCO Medical Import 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 DOMESCO Medical's 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 DOMESCO Medical's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
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| Pattern Recognition | ||
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| Volume Indicators |
DOMESCO Medical Market Strength Events
Market strength indicators help investors to evaluate how DOMESCO Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DOMESCO Medical shares will generate the highest return on investment. By undertsting and applying DOMESCO Medical stock market strength indicators, traders can identify DOMESCO Medical Import entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0046 | |||
| Daily Balance Of Power | 6.666667 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 64650.0 | |||
| Day Typical Price | 64600.0 | |||
| Market Facilitation Index | 300.0 | |||
| Price Action Indicator | 850.0 | |||
| Period Momentum Indicator | 2000.0 | |||
| Relative Strength Index | 57.97 |
DOMESCO Medical Risk Indicators
The analysis of DOMESCO Medical'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 DOMESCO Medical's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting domesco 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 | 1.05 | |||
| Standard Deviation | 1.7 | |||
| Variance | 2.88 |
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 DOMESCO Medical
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 DOMESCO Medical 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 DOMESCO Medical will appreciate offsetting losses from the drop in the long position's value.Moving together with DOMESCO Stock
The ability to find closely correlated positions to DOMESCO Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DOMESCO Medical 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 DOMESCO Medical - 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 DOMESCO Medical Import to buy it.
The correlation of DOMESCO Medical 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 DOMESCO Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DOMESCO Medical Import 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 DOMESCO Medical 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 DOMESCO Stock
DOMESCO Medical financial ratios help investors to determine whether DOMESCO 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 DOMESCO with respect to the benefits of owning DOMESCO Medical security.