Ecopro BM Stock Forecast - Accumulation Distribution

247540 Stock  KRW 135,200  9,200  6.37%   
Ecopro Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Ecopro BM stock prices and determine the direction of Ecopro BM Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Ecopro BM's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On November 21, 2024 Ecopro BM Co had Accumulation Distribution of 21485.94. The accumulation distribution (A/D) indicator shows the degree to which Ecopro BM is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Ecopro BM Co to determine if accumulation or reduction is taking place in the market. This value is adjusted by Ecopro BM trading volume to give more weight to distributions with higher volume over lower volume.
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Ecopro BM Trading Date Momentum

On November 22 2024 Ecopro BM Co was traded for  135,400  at the closing time. The highest price during the trading period was 137,900  and the lowest recorded bid was listed for  132,000 . The volume for the day was 436 K. This history from November 22, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.34% . The overall trading delta to the current price is 8.47% .
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
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Other Forecasting Options for Ecopro BM

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

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

Ecopro BM 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 Ecopro BM'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 Ecopro BM's current price.

Ecopro BM Market Strength Events

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

Ecopro BM Risk Indicators

The analysis of Ecopro BM'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 Ecopro BM's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ecopro 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 Ecopro BM

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 Ecopro BM 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 Ecopro BM will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ecopro Stock

  0.9243840 Shin Heung EnergyPairCorr
  0.91091580 Sangsin Energy DisplayPairCorr
The ability to find closely correlated positions to Ecopro BM could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ecopro BM 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 Ecopro BM - 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 Ecopro BM Co to buy it.
The correlation of Ecopro BM 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 Ecopro BM moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ecopro BM 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 Ecopro BM 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 Ecopro Stock

Ecopro BM financial ratios help investors to determine whether Ecopro 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 Ecopro with respect to the benefits of owning Ecopro BM security.