HCM Acquisition Stock Forecast - Daily Balance Of Power

HCMAWDelisted Stock  USD 0.02  0  13.81%   
HCM Stock Forecast is based on your current time horizon.
  
On June 7, 2023 HCM Acquisition Corp had Daily Balance Of Power of (0.34). Balance of Power indicator (or BOP) measures the strength of HCM Acquisition Corp market sensitivity to bulls and bears. It estimates the ability of HCM Acquisition buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring HCM Acquisition Balance of Power indicator one can determine a trend of the price direction.
Check HCM Acquisition VolatilityBacktest HCM AcquisitionTrend Details  

HCM Acquisition Trading Date Momentum

On June 08 2023 HCM Acquisition Corp was traded for  0.03  at the closing time. The highest daily price throughout the period was 0.03  and the lowest price was  0.01 . There was no trading activity during the period 1.0. Lack of trading volume on 06/08/2023 did not cause price change. The trading delta at closing time to current closing price is 19.20% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare HCM Acquisition to competition

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

HCM Acquisition Market Strength Events

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

HCM Acquisition Risk Indicators

The analysis of HCM Acquisition'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 HCM Acquisition's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hcm 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 Risk vs Return Analysis 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 nation.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Other Consideration for investing in HCM Stock

If you are still planning to invest in HCM Acquisition Corp 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 HCM Acquisition's history and understand the potential risks before investing.
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes