Electrovaya OTC Stock Forecast - Accumulation Distribution

EFLVFDelisted Stock  USD 5.04  0.31  5.79%   
Electrovaya OTC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Electrovaya's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On May 10, 2023 Electrovaya had Accumulation Distribution of 0. The accumulation distribution (A/D) indicator shows the degree to which Electrovaya is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Electrovaya to determine if accumulation or reduction is taking place in the market. This value is adjusted by Electrovaya trading volume to give more weight to distributions with higher volume over lower volume.
Check Electrovaya VolatilityBacktest ElectrovayaTrend Details  

Electrovaya Trading Date Momentum

On May 11 2023 Electrovaya was traded for  3.51  at the closing time. The highest daily price throughout the period was 3.51  and the lowest price was  3.51 . The daily volume was 21 K. The net trading volume on 05/11/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 2.77% . The overall trading delta to current closing price is 80.33% .
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
Compare Electrovaya to competition

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

Electrovaya Market Strength Events

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

Electrovaya Risk Indicators

The analysis of Electrovaya'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 Electrovaya's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting electrovaya otc 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.

Currently Active Assets on Macroaxis

Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in real.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Other Consideration for investing in Electrovaya OTC Stock

If you are still planning to invest in Electrovaya 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 Electrovaya's history and understand the potential risks before investing.
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
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
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years