Macroblock Stock Forecast - Accumulation Distribution

3527 Stock  TWD 72.70  0.70  0.97%   
Macroblock Stock Forecast is based on your current time horizon.
  
On September 18, 2024 Macroblock had Accumulation Distribution of 781.43. The accumulation distribution (A/D) indicator shows the degree to which Macroblock is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Macroblock to determine if accumulation or reduction is taking place in the market. This value is adjusted by Macroblock trading volume to give more weight to distributions with higher volume over lower volume.
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Macroblock Trading Date Momentum

On September 19 2024 Macroblock was traded for  78.20  at the closing time. The highest price during the trading period was 78.70  and the lowest recorded bid was listed for  77.80 . The volume for the day was 34.9 K. This history from September 19, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.26% . The trading delta at closing time to the current price is 1.54% .
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 Macroblock

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

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

Macroblock 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 Macroblock'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 Macroblock's current price.

Macroblock Market Strength Events

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

Macroblock Risk Indicators

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

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

Moving together with Macroblock Stock

  0.752303 United MicroelectronicsPairCorr
  0.763034 Novatek MicroelectronicsPairCorr

Moving against Macroblock Stock

  0.313443 Global Unichip CorpPairCorr
The ability to find closely correlated positions to Macroblock could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Macroblock 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 Macroblock - 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 Macroblock to buy it.
The correlation of Macroblock 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 Macroblock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Macroblock 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 Macroblock 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 Macroblock Stock Analysis

When running Macroblock's price analysis, check to measure Macroblock'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 Macroblock is operating at the current time. Most of Macroblock's value examination focuses on studying past and present price action to predict the probability of Macroblock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Macroblock's price. Additionally, you may evaluate how the addition of Macroblock to your portfolios can decrease your overall portfolio volatility.