Group Up Stock Forecast - Accumulation Distribution
| 6664 Stock | 259.50 4.00 1.57% |
Group Stock Forecast is based on your current time horizon.
Group |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 28423.19 | 9277.55 |
| Check Group Up Volatility | Backtest Group Up | Trend Details |
Group Up Trading Date Momentum
| On November 12 2024 Group Up Industrial was traded for 282.50 at the closing time. The highest price during the trading period was 292.00 and the lowest recorded bid was listed for 281.00 . The volume for the day was 420.7 K. This history from November 12, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.25% . The overall trading delta to the current price is 10.62% . |
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
| Compare Group Up to competition |
Other Forecasting Options for Group Up
For every potential investor in Group, whether a beginner or expert, Group Up's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Group Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Group. Basic forecasting techniques help filter out the noise by identifying Group Up's price trends.Group Up 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 Group Up stock to make a market-neutral strategy. Peer analysis of Group Up could also be used in its relative valuation, which is a method of valuing Group Up by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Group Up Industrial 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 Group Up'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 Group Up's current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Group Up Market Strength Events
Market strength indicators help investors to evaluate how Group Up stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Group Up shares will generate the highest return on investment. By undertsting and applying Group Up stock market strength indicators, traders can identify Group Up Industrial entry and exit signals to maximize returns.
Group Up Risk Indicators
The analysis of Group Up'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 Group Up's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting group 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.
| Mean Deviation | 2.07 | |||
| Standard Deviation | 2.95 | |||
| Variance | 8.7 |
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 Group Up
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 Group Up 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 Group Up will appreciate offsetting losses from the drop in the long position's value.Moving against Group Stock
| 0.65 | 2881A | Fubon Financial Holding | PairCorr |
| 0.56 | 2882B | Cathay Financial Holding | PairCorr |
| 0.55 | 6613 | Nova Technology | PairCorr |
| 0.51 | 6438 | Symtek Automation Asia | PairCorr |
| 0.51 | 2603 | Evergreen Marine Corp | PairCorr |
The ability to find closely correlated positions to Group Up could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Group Up 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 Group Up - 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 Group Up Industrial to buy it.
The correlation of Group Up 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 Group Up moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Group Up Industrial 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 Group Up 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.Additional Tools for Group Stock Analysis
When running Group Up's price analysis, check to measure Group Up'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 Group Up is operating at the current time. Most of Group Up's value examination focuses on studying past and present price action to predict the probability of Group Up's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Group Up's price. Additionally, you may evaluate how the addition of Group Up to your portfolios can decrease your overall portfolio volatility.