BYD Company Stock Forecast - Accumulation Distribution
BYD Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of BYD Company's historical fundamentals, such as revenue growth or operating cash flow patterns.
BYD |
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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
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Other Forecasting Options for BYD Company
For every potential investor in BYD, whether a beginner or expert, BYD Company's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. BYD Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in BYD. Basic forecasting techniques help filter out the noise by identifying BYD Company's price trends.BYD Company 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 BYD Company stock to make a market-neutral strategy. Peer analysis of BYD Company could also be used in its relative valuation, which is a method of valuing BYD Company by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
BYD Limited 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 BYD Company'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 BYD Company's current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
BYD Company Risk Indicators
The analysis of BYD Company'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 BYD Company's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting byd 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 | 1.89 | |||
| Semi Deviation | 2.42 | |||
| Standard Deviation | 2.7 | |||
| Variance | 7.3 | |||
| Downside Variance | 7.64 | |||
| Semi Variance | 5.83 | |||
| Expected Short fall | (1.99) |
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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Other Information on Investing in BYD Stock
BYD Company financial ratios help investors to determine whether BYD 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 BYD with respect to the benefits of owning BYD Company security.