Pak Datacom Stock Forecast - Market Facilitation Index
| PAKD Stock | 73.94 1.45 2.00% |
Pak Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Pak Datacom stock prices and determine the direction of Pak Datacom's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Pak Datacom's historical fundamentals, such as revenue growth or operating cash flow patterns.
Pak |
| Previous Market Facilitation Index | Market Facilitation Index | Trend |
| 1.0E-4 | 1.0E-4 |
| Check Pak Datacom Volatility | Backtest Pak Datacom | Information Ratio |
Pak Datacom Trading Date Momentum
| On November 29 2024 Pak Datacom was traded for 73.94 at the closing time. The highest price during the trading period was 74.40 and the lowest recorded bid was listed for 72.81 . The volume for the day was 22.4 K. This history from November 29, 2024 did not cause price change. The trading delta at closing time to the current price is 0.62% . |
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
| Compare Pak Datacom to competition |
Other Forecasting Options for Pak Datacom
For every potential investor in Pak, whether a beginner or expert, Pak Datacom's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Pak Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Pak. Basic forecasting techniques help filter out the noise by identifying Pak Datacom's price trends.Pak Datacom 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 Pak Datacom stock to make a market-neutral strategy. Peer analysis of Pak Datacom could also be used in its relative valuation, which is a method of valuing Pak Datacom by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Pak Datacom 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 Pak Datacom'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 Pak Datacom's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Pak Datacom Market Strength Events
Market strength indicators help investors to evaluate how Pak Datacom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pak Datacom shares will generate the highest return on investment. By undertsting and applying Pak Datacom stock market strength indicators, traders can identify Pak Datacom entry and exit signals to maximize returns.
Pak Datacom Risk Indicators
The analysis of Pak Datacom'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 Pak Datacom's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pak 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 | 1.99 | |||
| Standard Deviation | 2.77 | |||
| Variance | 7.67 |
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 Pak Datacom
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 Pak Datacom 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 Pak Datacom will appreciate offsetting losses from the drop in the long position's value.Moving against Pak Stock
| 0.59 | MARI | Mari Petroleum Split | PairCorr |
| 0.42 | THCCL | Thatta Cement | PairCorr |
| 0.31 | REWM | Reliance Weaving Mills | PairCorr |
The ability to find closely correlated positions to Pak Datacom could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pak Datacom 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 Pak Datacom - 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 Pak Datacom to buy it.
The correlation of Pak Datacom 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 Pak Datacom moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pak Datacom 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 Pak Datacom 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 Pak Stock
Pak Datacom financial ratios help investors to determine whether Pak 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 Pak with respect to the benefits of owning Pak Datacom security.