Elcom International Pink Sheet Forecast - Relative Strength Index
| ELCODelisted Stock | USD 10.00 0.00 0.00% |
Elcom Pink Sheet Forecast is based on your current time horizon.
Elcom |
| Check Elcom International Volatility | Backtest Elcom International | Information Ratio |
Elcom International Trading Date Momentum
| On November 26 2024 Elcom International was traded for 10.00 at the closing time. The top price for the day was 10.00 and the lowest listed price was 10.00 . 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 0.00% . |
View Elcom International Related Equities
| Risk & Return | Correlation |
Elcom International Market Strength Events
Market strength indicators help investors to evaluate how Elcom International 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 Elcom International shares will generate the highest return on investment. By undertsting and applying Elcom International pink sheet market strength indicators, traders can identify Elcom International entry and exit signals to maximize returns.
Elcom International Risk Indicators
The analysis of Elcom International'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 Elcom International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting elcom pink sheet 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 | 0.284 | |||
| Standard Deviation | 1.15 | |||
| Variance | 1.31 |
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 Elcom International
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 Elcom International 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 Elcom International will appreciate offsetting losses from the drop in the long position's value.Moving against Elcom Pink Sheet
| 0.81 | DUOT | Duos Technologies Upward Rally | PairCorr |
| 0.78 | DOMO | Domo Inc Earnings Call This Week | PairCorr |
| 0.75 | ZM | Zoom Video Communications | PairCorr |
| 0.75 | DOCU | DocuSign | PairCorr |
| 0.71 | BL | Blackline | PairCorr |
The ability to find closely correlated positions to Elcom International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Elcom International 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 Elcom International - 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 Elcom International to buy it.
The correlation of Elcom International 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 Elcom International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Elcom 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 Elcom International 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 Investing Opportunities 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 main economic indicators. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Other Consideration for investing in Elcom Pink Sheet
If you are still planning to invest in Elcom 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 Elcom International's history and understand the potential risks before investing.
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