Axiata Group Stock Forecast - Accumulation Distribution

6888 Stock   2.34  0.03  1.30%   
Axiata Stock Forecast is based on your current time horizon.
  
On September 4, 2024 Axiata Group Bhd had Accumulation Distribution of 188767.0. The accumulation distribution (A/D) indicator shows the degree to which Axiata Group is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Axiata Group Bhd to determine if accumulation or reduction is taking place in the market. This value is adjusted by Axiata Group trading volume to give more weight to distributions with higher volume over lower volume.
Check Axiata Group VolatilityBacktest Axiata GroupTrend Details  

Axiata Group Trading Date Momentum

On September 05 2024 Axiata Group Bhd was traded for  2.44  at the closing time. The highest price during the trading period was 2.48  and the lowest recorded bid was listed for  2.42 . The volume for the day was 5.3 M. This history from September 5, 2024 did not affect price variability. The overall trading delta to the current price is 2.46% .
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 Axiata Group to competition

Other Forecasting Options for Axiata Group

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

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

Axiata Group Bhd 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 Axiata Group'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 Axiata Group's current price.

Axiata Group Market Strength Events

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

Axiata Group Risk Indicators

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Axiata Stock

Axiata Group financial ratios help investors to determine whether Axiata 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 Axiata with respect to the benefits of owning Axiata Group security.