Minetech Resources Stock Forecast - Accumulation Distribution

7219 Stock   0.14  0.00  0.00%   
Minetech Stock Forecast is based on your current time horizon.
  
On November 12, 2024 Minetech Resources Bhd had Accumulation Distribution of 2.1 M. The accumulation distribution (A/D) indicator shows the degree to which Minetech Resources is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Minetech Resources Bhd to determine if accumulation or reduction is taking place in the market. This value is adjusted by Minetech Resources trading volume to give more weight to distributions with higher volume over lower volume.
Check Minetech Resources VolatilityBacktest Minetech ResourcesTrend Details  

Minetech Resources Trading Date Momentum

On November 13 2024 Minetech Resources Bhd was traded for  0.15  at the closing time. The highest price during the trading period was 0.15  and the lowest recorded bid was listed for  0.14 . The volume for the day was 834.7 K. This history from November 13, 2024 did not cause price change. The trading delta at closing time to the current price is 6.67% .
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 Minetech Resources to competition

Other Forecasting Options for Minetech Resources

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

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

Minetech Resources 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 Minetech Resources' 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 Minetech Resources' current price.

Minetech Resources Market Strength Events

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

Minetech Resources Risk Indicators

The analysis of Minetech Resources' 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 Minetech Resources' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting minetech 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 Minetech Stock

Minetech Resources financial ratios help investors to determine whether Minetech 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 Minetech with respect to the benefits of owning Minetech Resources security.