Digital Health Stock Forecast - Accumulation Distribution

DHACWDelisted Stock  USD 0.17  0.03  15.00%   
Digital Stock Forecast is based on your current time horizon.
  
On June 10, 2024 Digital Health Acquisition had Accumulation Distribution of 2946.23. The accumulation distribution (A/D) indicator shows the degree to which Digital Health is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Digital Health Acquisition to determine if accumulation or reduction is taking place in the market. This value is adjusted by Digital Health trading volume to give more weight to distributions with higher volume over lower volume.
Check Digital Health VolatilityBacktest Digital HealthTrend Details  

Digital Health Trading Date Momentum

On June 11 2024 Digital Health Acquisition was traded for  0.13  at the closing time. The highest daily price throughout the period was 0.13  and the lowest price was  0.12 . The daily volume was 1.2 K. The net trading volume on 06/11/2024 added to the next day price increase. The overall trading delta to closing price of the next trading day was 18.18% . The overall trading delta to current closing price is 54.55% .
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 Digital Health to competition

Digital Health 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 Digital Health stock to make a market-neutral strategy. Peer analysis of Digital Health could also be used in its relative valuation, which is a method of valuing Digital Health by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Digital Health Market Strength Events

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

Digital Health Risk Indicators

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Investing Opportunities 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 main economic indicators.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Other Consideration for investing in Digital Stock

If you are still planning to invest in Digital Health Acqui 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 Digital Health's history and understand the potential risks before investing.
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Bonds Directory
Find actively traded corporate debentures issued by US companies
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges