Higher Way Stock Forecast - Accumulation Distribution

3268 Stock  TWD 23.80  0.05  0.21%   
Higher Stock Forecast is based on your current time horizon.
  
On November 6, 2024 Higher Way Electronic had Accumulation Distribution of 713.2. The accumulation distribution (A/D) indicator shows the degree to which Higher Way is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Higher Way Electronic to determine if accumulation or reduction is taking place in the market. This value is adjusted by Higher Way trading volume to give more weight to distributions with higher volume over lower volume.
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Higher Way Trading Date Momentum

On November 07 2024 Higher Way Electronic was traded for  26.95  at the closing time. The highest price during the trading period was 27.20  and the lowest recorded bid was listed for  26.90 . The volume for the day was 41 K. This history from November 7, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.13% . The trading delta at closing time to the current price is 6.00% .
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 Higher Way

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

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

Higher Way Electronic 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 Higher Way'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 Higher Way's current price.

Higher Way Market Strength Events

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

Higher Way Risk Indicators

The analysis of Higher Way'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 Higher Way's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting higher 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 Higher Way

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 Higher Way 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 Higher Way will appreciate offsetting losses from the drop in the long position's value.

Moving together with Higher Stock

  0.726415 Silergy CorpPairCorr

Moving against Higher Stock

  0.332379 Realtek SemiconductorPairCorr
The ability to find closely correlated positions to Higher Way could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Higher Way 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 Higher Way - 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 Higher Way Electronic to buy it.
The correlation of Higher Way 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 Higher Way moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Higher Way Electronic 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 Higher Way 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

Additional Tools for Higher Stock Analysis

When running Higher Way's price analysis, check to measure Higher Way's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Higher Way is operating at the current time. Most of Higher Way's value examination focuses on studying past and present price action to predict the probability of Higher Way's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Higher Way's price. Additionally, you may evaluate how the addition of Higher Way to your portfolios can decrease your overall portfolio volatility.