Corby Spirit Stock Forecast - Accumulation Distribution
| CSW-B Stock | CAD 12.20 0.03 0.25% |
Corby Stock Forecast is based on your current time horizon.
Corby |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 52.27 | 13.97 |
| Check Corby Spirit Volatility | Backtest Corby Spirit | Trend Details |
Corby Spirit Trading Date Momentum
| On December 03 2024 Corby Spirit and was traded for 12.28 at the closing time. The highest price during the trading period was 12.36 and the lowest recorded bid was listed for 12.28 . The volume for the day was 3.4 K. This history from December 3, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.97% . The overall trading delta to the current price is 1.94% . |
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 Corby Spirit to competition |
Other Forecasting Options for Corby Spirit
For every potential investor in Corby, whether a beginner or expert, Corby Spirit's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Corby Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Corby. Basic forecasting techniques help filter out the noise by identifying Corby Spirit's price trends.Corby Spirit 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 Corby Spirit stock to make a market-neutral strategy. Peer analysis of Corby Spirit could also be used in its relative valuation, which is a method of valuing Corby Spirit by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Corby Spirit 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 Corby Spirit'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 Corby Spirit's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Corby Spirit Market Strength Events
Market strength indicators help investors to evaluate how Corby Spirit stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Corby Spirit shares will generate the highest return on investment. By undertsting and applying Corby Spirit stock market strength indicators, traders can identify Corby Spirit and entry and exit signals to maximize returns.
| Accumulation Distribution | 25.69 | |||
| Daily Balance Of Power | 0.6 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 12.23 | |||
| Day Typical Price | 12.22 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | 0.03 |
Corby Spirit Risk Indicators
The analysis of Corby Spirit'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 Corby Spirit's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting corby 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 | 0.5717 | |||
| Semi Deviation | 0.6674 | |||
| Standard Deviation | 0.7847 | |||
| Variance | 0.6157 | |||
| Downside Variance | 0.5803 | |||
| Semi Variance | 0.4454 | |||
| Expected Short fall | (0.68) |
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 Corby Spirit
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 Corby Spirit 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 Corby Spirit will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Corby Spirit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Corby Spirit 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 Corby Spirit - 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 Corby Spirit and to buy it.
The correlation of Corby Spirit 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 Corby Spirit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Corby Spirit 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 Corby Spirit 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 Corby Stock Analysis
When running Corby Spirit's price analysis, check to measure Corby Spirit'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 Corby Spirit is operating at the current time. Most of Corby Spirit's value examination focuses on studying past and present price action to predict the probability of Corby Spirit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corby Spirit's price. Additionally, you may evaluate how the addition of Corby Spirit to your portfolios can decrease your overall portfolio volatility.