Ag Growth Stock Forecast - Relative Strength Index
AFN Stock | CAD 52.76 1.28 2.49% |
AFN Stock Forecast is based on your current time horizon. Although Ag Growth's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Ag Growth's systematic risk associated with finding meaningful patterns of Ag Growth fundamentals over time.
AFN |
Previous Relative Strength Index | Relative Strength Index | Trend |
61.45 | 61.45 |
Check Ag Growth Volatility | Backtest Ag Growth | Trend Details |
Ag Growth Trading Date Momentum
On November 25 2024 Ag Growth International was traded for 53.41 at the closing time. The maximum traded price for the trading interval was 53.60 and the lowest daily price was 52.63 . The daily volume was recorded at 35.5 K. The volume of trading on 25th of November 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 1.21% . The overall trading delta to the closing price today is 1.80% . |
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Other Forecasting Options for Ag Growth
For every potential investor in AFN, whether a beginner or expert, Ag Growth's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. AFN Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in AFN. Basic forecasting techniques help filter out the noise by identifying Ag Growth's price trends.Ag Growth 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 Ag Growth stock to make a market-neutral strategy. Peer analysis of Ag Growth could also be used in its relative valuation, which is a method of valuing Ag Growth by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Ag Growth International 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 Ag Growth'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 Ag Growth's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Ag Growth Market Strength Events
Market strength indicators help investors to evaluate how Ag Growth stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ag Growth shares will generate the highest return on investment. By undertsting and applying Ag Growth stock market strength indicators, traders can identify Ag Growth International entry and exit signals to maximize returns.
Ag Growth Risk Indicators
The analysis of Ag Growth'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 Ag Growth's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting afn 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 | 1.21 | |||
Standard Deviation | 1.66 | |||
Variance | 2.76 |
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 Ag Growth
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 Ag Growth 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 Ag Growth will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Ag Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ag Growth 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 Ag Growth - 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 Ag Growth International to buy it.
The correlation of Ag Growth 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 Ag Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ag Growth International 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 Ag Growth 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.Other Information on Investing in AFN Stock
Ag Growth financial ratios help investors to determine whether AFN 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 AFN with respect to the benefits of owning Ag Growth security.