Aspocomp Group Stock Forecast - Price Action Indicator

ACG1V Stock  EUR 2.80  0.08  2.94%   
Aspocomp Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Aspocomp Group's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Aspocomp Group Oyj has current Price Action Indicator of 0.045. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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Aspocomp Group Trading Date Momentum

On November 25 2024 Aspocomp Group Oyj was traded for  2.80  at the closing time. The highest price during the trading period was 2.90  and the lowest recorded bid was listed for  2.69 . The volume for the day was 3.3 K. This history from November 25, 2024 did not affect price variability. The overall trading delta to the current price is 3.93% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Aspocomp Group

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

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

Aspocomp Group Oyj 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 Aspocomp 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 Aspocomp Group's current price.

Aspocomp Group Market Strength Events

Market strength indicators help investors to evaluate how Aspocomp 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 Aspocomp Group shares will generate the highest return on investment. By undertsting and applying Aspocomp Group stock market strength indicators, traders can identify Aspocomp Group Oyj entry and exit signals to maximize returns.

Aspocomp Group Risk Indicators

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

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