Amerigo Resources Stock Forecast - Accumulation Distribution
| ARG Stock | CAD 1.73 0.02 1.17% |
Amerigo Stock Forecast is based on your current time horizon. Although Amerigo Resources' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Amerigo Resources' systematic risk associated with finding meaningful patterns of Amerigo Resources fundamentals over time.
Amerigo |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 8565.79 | 1092.47 |
| Check Amerigo Resources Volatility | Backtest Amerigo Resources | Trend Details |
Amerigo Resources Trading Date Momentum
| On November 20 2024 Amerigo Resources was traded for 1.73 at the closing time. The maximum traded price for the trading interval was 1.74 and the lowest daily price was 1.71 . The daily volume was recorded at 73.9 K. The volume of trading on 20th of November 2024 did not affect price variability. The overall trading delta to the closing price today is 0.58% . |
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 Amerigo Resources to competition |
Other Forecasting Options for Amerigo Resources
For every potential investor in Amerigo, whether a beginner or expert, Amerigo Resources' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Amerigo Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Amerigo. Basic forecasting techniques help filter out the noise by identifying Amerigo Resources' price trends.Amerigo Resources 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 Amerigo Resources stock to make a market-neutral strategy. Peer analysis of Amerigo Resources could also be used in its relative valuation, which is a method of valuing Amerigo Resources by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Amerigo Resources 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 Amerigo Resources' 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 Amerigo Resources' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Amerigo Resources Market Strength Events
Market strength indicators help investors to evaluate how Amerigo Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Amerigo Resources shares will generate the highest return on investment. By undertsting and applying Amerigo Resources stock market strength indicators, traders can identify Amerigo Resources entry and exit signals to maximize returns.
| Accumulation Distribution | 4968.57 | |||
| Daily Balance Of Power | 0.4 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 1.73 | |||
| Day Typical Price | 1.73 | |||
| Price Action Indicator | 0.015 | |||
| Period Momentum Indicator | 0.02 |
Amerigo Resources Risk Indicators
The analysis of Amerigo Resources' 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 Amerigo Resources' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting amerigo 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 | 1.78 | |||
| Semi Deviation | 2.24 | |||
| Standard Deviation | 2.47 | |||
| Variance | 6.1 | |||
| Downside Variance | 6.65 | |||
| Semi Variance | 5.01 | |||
| Expected Short fall | (1.97) |
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 Amerigo Resources
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 Amerigo Resources 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 Amerigo Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Amerigo Stock
Moving against Amerigo Stock
The ability to find closely correlated positions to Amerigo Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amerigo Resources 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 Amerigo Resources - 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 Amerigo Resources to buy it.
The correlation of Amerigo Resources 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 Amerigo Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amerigo Resources 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 Amerigo Resources 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 Amerigo Stock
Amerigo Resources financial ratios help investors to determine whether Amerigo 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 Amerigo with respect to the benefits of owning Amerigo Resources security.