MYFAIR GOLD Stock Forecast - Accumulation Distribution

9M5 Stock   1.26  0.02  1.61%   
MYFAIR Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of MYFAIR GOLD's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On September 26, 2024 MYFAIR GOLD P had Accumulation Distribution of 0. The accumulation distribution (A/D) indicator shows the degree to which MYFAIR GOLD is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of MYFAIR GOLD P to determine if accumulation or reduction is taking place in the market. This value is adjusted by MYFAIR GOLD trading volume to give more weight to distributions with higher volume over lower volume.
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MYFAIR GOLD Trading Date Momentum

On September 27 2024 MYFAIR GOLD P was traded for  1.27  at the closing time. The highest daily price throughout the period was 1.28  and the lowest price was  1.27 . The daily volume was 1.4 K. The net trading volume on 09/27/2024 added to the next day price rise. The daily price change to closing price of the next trading day was 0.79% . The trading delta at closing time 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 MYFAIR GOLD

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

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

MYFAIR GOLD P 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 MYFAIR GOLD'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 MYFAIR GOLD's current price.

MYFAIR GOLD Market Strength Events

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

MYFAIR GOLD Risk Indicators

The analysis of MYFAIR GOLD'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 MYFAIR GOLD's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting myfair 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 MYFAIR Stock

MYFAIR GOLD financial ratios help investors to determine whether MYFAIR 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 MYFAIR with respect to the benefits of owning MYFAIR GOLD security.