Playgon Games Stock Forecast - Accumulation Distribution

DEAL Stock  CAD 0.01  0.01  50.00%   
Playgon Stock Forecast is based on your current time horizon.
  
At this time, Playgon Games' Inventory Turnover is fairly stable compared to the past year. Payables Turnover is likely to climb to 1.53 in 2024, whereas Fixed Asset Turnover is likely to drop 2.04 in 2024. . Common Stock Shares Outstanding is likely to climb to about 303 M in 2024, whereas Net Loss is likely to drop (6 M) in 2024.
On September 13, 2024 Playgon Games had Accumulation Distribution of 0. The accumulation distribution (A/D) indicator shows the degree to which Playgon Games is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Playgon Games to determine if accumulation or reduction is taking place in the market. This value is adjusted by Playgon Games trading volume to give more weight to distributions with higher volume over lower volume.
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Playgon Games Trading Date Momentum

On September 16 2024 Playgon Games was traded for  0.02  at the closing time. The maximum traded price for the trading interval was 0.02  and the lowest daily price was  0.02 . The daily volume was recorded at 3 K. The volume of trading on 16th of September 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 33.33% . The trading delta at closing time to the closing price today is 33.33% .
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 Playgon Games

For every potential investor in Playgon, whether a beginner or expert, Playgon Games' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Playgon Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Playgon. Basic forecasting techniques help filter out the noise by identifying Playgon Games' price trends.

Playgon Games 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 Playgon Games stock to make a market-neutral strategy. Peer analysis of Playgon Games could also be used in its relative valuation, which is a method of valuing Playgon Games by comparing valuation metrics with similar companies.
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Playgon Games 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 Playgon Games' 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 Playgon Games' current price.

Playgon Games Market Strength Events

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

Playgon Games Risk Indicators

The analysis of Playgon Games' 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 Playgon Games' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting playgon 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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Additional Tools for Playgon Stock Analysis

When running Playgon Games' price analysis, check to measure Playgon Games' 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 Playgon Games is operating at the current time. Most of Playgon Games' value examination focuses on studying past and present price action to predict the probability of Playgon Games' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Playgon Games' price. Additionally, you may evaluate how the addition of Playgon Games to your portfolios can decrease your overall portfolio volatility.