ELECOM CO Stock Forecast - Accumulation Distribution

9EL Stock  EUR 8.80  0.10  1.15%   
ELECOM Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of ELECOM CO's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On September 24, 2024 ELECOM LTD had Accumulation Distribution of 0. The accumulation distribution (A/D) indicator shows the degree to which ELECOM CO is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of ELECOM LTD to determine if accumulation or reduction is taking place in the market. This value is adjusted by ELECOM CO trading volume to give more weight to distributions with higher volume over lower volume.
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ELECOM CO Trading Date Momentum

On September 25 2024 ELECOM LTD was traded for  8.90  at the closing time. The highest daily price throughout the period was 8.95  and the lowest price was  8.90 . There was no trading activity during the period 1.0. Lack of trading volume on 09/25/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% .
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 ELECOM CO

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

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

ELECOM LTD 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 ELECOM CO'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 ELECOM CO's current price.

ELECOM CO Market Strength Events

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

ELECOM CO Risk Indicators

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

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Other Information on Investing in ELECOM Stock

ELECOM CO financial ratios help investors to determine whether ELECOM 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 ELECOM with respect to the benefits of owning ELECOM CO security.