Maniker FG Stock Forecast - Accumulation Distribution
| 195500 Stock | 3,440 50.00 1.47% |
Maniker |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 8287.75 | 1517.45 |
| Check Maniker FG Volatility | Backtest Maniker FG | Trend Details |
Maniker FG Trading Date Momentum
| On November 04 2024 Maniker FG Co was traded for 3,000 at the closing time. The highest price during the trading period was 3,005 and the lowest recorded bid was listed for 2,955 . The volume for the day was 106.2 K. This history from November 4, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.52% . The trading delta at closing time to the current price is 0.85% . |
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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Maniker FG 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 Maniker FG stock to make a market-neutral strategy. Peer analysis of Maniker FG could also be used in its relative valuation, which is a method of valuing Maniker FG by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Maniker FG Market Strength Events
Market strength indicators help investors to evaluate how Maniker FG stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Maniker FG shares will generate the highest return on investment. By undertsting and applying Maniker FG stock market strength indicators, traders can identify Maniker FG Co entry and exit signals to maximize returns.
Pair Trading with Maniker FG
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 Maniker FG 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 Maniker FG will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Maniker FG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Maniker FG 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 Maniker FG - 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 Maniker FG Co to buy it.
The correlation of Maniker FG 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 Maniker FG moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Maniker FG 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 Maniker FG 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.