Aarons Stock Forecast - Daily Balance Of Power
| AANDelisted Stock | USD 10.09 0.01 0.1% |
Aarons Stock Forecast is based on your current time horizon.
Aarons |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.26) | 0.3684 |
| Check Aarons Volatility | Backtest Aarons | Trend Details |
Aarons Trading Date Momentum
| On December 29 2023 The Aarons was traded for 10.38 at the closing time. Highest Aarons's price during the trading hours was 10.77 and the lowest price during the day was 10.30 . The net volume was 315.3 K. The overall trading history on the 29th of December contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 2.63% . The trading price change to current price is 3.38% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare Aarons to competition
Aarons 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 Aarons stock to make a market-neutral strategy. Peer analysis of Aarons could also be used in its relative valuation, which is a method of valuing Aarons by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Aarons Market Strength Events
Market strength indicators help investors to evaluate how Aarons stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aarons shares will generate the highest return on investment. By undertsting and applying Aarons stock market strength indicators, traders can identify The Aarons entry and exit signals to maximize returns.
Aarons Risk Indicators
The analysis of Aarons' 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 Aarons' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting aarons 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.
| Mean Deviation | 0.2504 | |||
| Semi Deviation | 0.2421 | |||
| Standard Deviation | 0.3482 | |||
| Variance | 0.1212 | |||
| Downside Variance | 0.1474 | |||
| Semi Variance | 0.0586 | |||
| Expected Short fall | (0.32) |
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.
Pair Trading with Aarons
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aarons position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aarons will appreciate offsetting losses from the drop in the long position's value.Moving together with Aarons Stock
Moving against Aarons Stock
| 0.83 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.78 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.63 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.43 | CVI | CVR Energy | PairCorr |
The ability to find closely correlated positions to Aarons could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aarons when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aarons - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling The Aarons to buy it.
The correlation of Aarons is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aarons moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aarons moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aarons can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Other Consideration for investing in Aarons Stock
If you are still planning to invest in Aarons check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Aarons' history and understand the potential risks before investing.
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