Allgens Medical Stock Forecast - Accumulation Distribution

688613 Stock   17.15  0.16  0.94%   
Allgens Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Allgens Medical stock prices and determine the direction of Allgens Medical Technology's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Allgens Medical's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Allgens Medical's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 289.8 M, whereas Total Assets are forecasted to decline to about 1.1 B.
On October 23, 2024 Allgens Medical Technology had Accumulation Distribution of 64699.77. The accumulation distribution (A/D) indicator shows the degree to which Allgens Medical is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Allgens Medical Technology to determine if accumulation or reduction is taking place in the market. This value is adjusted by Allgens Medical trading volume to give more weight to distributions with higher volume over lower volume.
Check Allgens Medical VolatilityBacktest Allgens MedicalTrend Details  

Allgens Medical Trading Date Momentum

On October 24 2024 Allgens Medical Technology was traded for  16.44  at the closing time. The highest price during the trading period was 16.92  and the lowest recorded bid was listed for  16.23 . The volume for the day was 2 M. This history from October 24, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.31% . The overall trading delta to the current price is 4.64% .
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 Allgens Medical to competition

Other Forecasting Options for Allgens Medical

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

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

Allgens Medical Tech 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 Allgens Medical'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 Allgens Medical's current price.

Allgens Medical Market Strength Events

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

Allgens Medical Risk Indicators

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

Currently Active Assets on Macroaxis

Other Information on Investing in Allgens Stock

Allgens Medical financial ratios help investors to determine whether Allgens 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 Allgens with respect to the benefits of owning Allgens Medical security.