AGF Management Stock Forecast - Accumulation Distribution
| AGF-B Stock | CAD 11.12 0.13 1.16% |
AGF Stock Forecast is based on your current time horizon.
AGF |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 953.87 | 879.96 |
| Check AGF Management Volatility | Backtest AGF Management | Trend Details |
AGF Management Trading Date Momentum
| On November 22 2024 AGF Management Limited was traded for 10.74 at the closing time. The highest price during the trading period was 10.93 and the lowest recorded bid was listed for 10.70 . The volume for the day was 51 K. This history from November 22, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.29% . The overall trading delta to the current price is 2.11% . |
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
| Compare AGF Management to competition |
Other Forecasting Options for AGF Management
For every potential investor in AGF, whether a beginner or expert, AGF Management's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. AGF Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in AGF. Basic forecasting techniques help filter out the noise by identifying AGF Management's price trends.AGF Management 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 AGF Management stock to make a market-neutral strategy. Peer analysis of AGF Management could also be used in its relative valuation, which is a method of valuing AGF Management by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
AGF Management 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 AGF Management'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 AGF Management's current price.| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
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| Volume Indicators |
AGF Management Market Strength Events
Market strength indicators help investors to evaluate how AGF Management stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AGF Management shares will generate the highest return on investment. By undertsting and applying AGF Management stock market strength indicators, traders can identify AGF Management Limited entry and exit signals to maximize returns.
| Accumulation Distribution | 1502.45 | |||
| Daily Balance Of Power | (0.62) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 11.14 | |||
| Day Typical Price | 11.13 | |||
| Price Action Indicator | (0.08) | |||
| Period Momentum Indicator | (0.13) |
AGF Management Risk Indicators
The analysis of AGF Management'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 AGF Management's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting agf 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 | 1.5 | |||
| Semi Deviation | 1.06 | |||
| Standard Deviation | 2.0 | |||
| Variance | 4.01 | |||
| Downside Variance | 2.67 | |||
| Semi Variance | 1.13 | |||
| Expected Short fall | (1.84) |
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 AGF Management
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 AGF Management 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 AGF Management will appreciate offsetting losses from the drop in the long position's value.Moving together with AGF Stock
Moving against AGF Stock
The ability to find closely correlated positions to AGF Management could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AGF Management 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 AGF Management - 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 AGF Management Limited to buy it.
The correlation of AGF Management 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 AGF Management moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AGF Management 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 AGF Management 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.Additional Tools for AGF Stock Analysis
When running AGF Management's price analysis, check to measure AGF Management's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AGF Management is operating at the current time. Most of AGF Management's value examination focuses on studying past and present price action to predict the probability of AGF Management's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AGF Management's price. Additionally, you may evaluate how the addition of AGF Management to your portfolios can decrease your overall portfolio volatility.