Samji Electronics Stock Forecast - Accumulation Distribution

037460 Stock  KRW 8,380  120.00  1.41%   
Samji Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Samji Electronics stock prices and determine the direction of Samji Electronics Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Samji Electronics' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On August 29, 2024 Samji Electronics Co had Accumulation Distribution of 154.11. The accumulation distribution (A/D) indicator shows the degree to which Samji Electronics is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Samji Electronics Co to determine if accumulation or reduction is taking place in the market. This value is adjusted by Samji Electronics trading volume to give more weight to distributions with higher volume over lower volume.
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Samji Electronics Trading Date Momentum

On August 30 2024 Samji Electronics Co was traded for  8,860  at the closing time. The highest price during the trading period was 9,000  and the lowest recorded bid was listed for  8,760 . The volume for the day was 21.6 K. This history from August 30, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.26% . The trading price change to the current price is 1.83% .
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
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Other Forecasting Options for Samji Electronics

For every potential investor in Samji, whether a beginner or expert, Samji Electronics' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Samji Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Samji. Basic forecasting techniques help filter out the noise by identifying Samji Electronics' price trends.

Samji Electronics 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 Samji Electronics stock to make a market-neutral strategy. Peer analysis of Samji Electronics could also be used in its relative valuation, which is a method of valuing Samji Electronics by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Samji Electronics 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 Samji Electronics' 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 Samji Electronics' current price.

Samji Electronics Market Strength Events

Market strength indicators help investors to evaluate how Samji Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Samji Electronics shares will generate the highest return on investment. By undertsting and applying Samji Electronics stock market strength indicators, traders can identify Samji Electronics Co entry and exit signals to maximize returns.

Samji Electronics Risk Indicators

The analysis of Samji Electronics' 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 Samji Electronics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting samji 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.
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 Samji Electronics

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 Samji Electronics 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 Samji Electronics will appreciate offsetting losses from the drop in the long position's value.

Moving together with Samji Stock

  0.61353190 HurumPairCorr
The ability to find closely correlated positions to Samji Electronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Samji Electronics 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 Samji Electronics - 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 Samji Electronics Co to buy it.
The correlation of Samji Electronics 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 Samji Electronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Samji Electronics 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 Samji Electronics 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Samji Stock

Samji Electronics financial ratios help investors to determine whether Samji 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 Samji with respect to the benefits of owning Samji Electronics security.