Akumin Stock Forecast - Daily Balance Of Power

AKUDelisted Stock  USD 0.18  0.02  10.00%   
Akumin Stock Forecast is based on your current time horizon.
  
On July 11, 2023 Akumin Inc had Daily Balance Of Power of 0.5. Balance of Power indicator (or BOP) measures the strength of Akumin Inc market sensitivity to bulls and bears. It estimates the ability of Akumin buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Akumin Balance of Power indicator one can determine a trend of the price direction.
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Akumin Trading Date Momentum

On July 12 2023 Akumin Inc was traded for  0.16  at the closing time. Highest Akumin's price during the trading hours was 0.17  and the lowest price during the day was  0.15 . The net volume was 659.6 K. The overall trading history on the 12th of July 2023 contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 5.88% . The overall trading delta to current price is 0.00% .
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.
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Akumin 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 Akumin stock to make a market-neutral strategy. Peer analysis of Akumin could also be used in its relative valuation, which is a method of valuing Akumin by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Akumin Market Strength Events

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

Akumin Risk Indicators

The analysis of Akumin'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 Akumin's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting akumin 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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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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 industry.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Other Consideration for investing in Akumin Stock

If you are still planning to invest in Akumin Inc 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 Akumin's history and understand the potential risks before investing.
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