Hornby PLC Stock Forecast - Accumulation Distribution
HRN Stock | 0.45 0.00 0.00% |
Hornby Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Hornby PLC stock prices and determine the direction of Hornby PLC's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Hornby PLC's historical fundamentals, such as revenue growth or operating cash flow patterns.
Hornby |
Previous Accumulation Distribution | Accumulation Distribution | Trend |
559.0 | 988.13 |
Check Hornby PLC Volatility | Backtest Hornby PLC | Trend Details |
Hornby PLC Trading Date Momentum
On September 04 2024 Hornby PLC was traded for 0.31 at the closing time. The highest price during the trading period was 0.31 and the lowest recorded bid was listed for 0.31 . The volume for the day was 30 K. This history from September 4, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 3.13% . The trading delta at closing time to the current price is 6,462% . |
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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Hornby PLC 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 Hornby PLC stock to make a market-neutral strategy. Peer analysis of Hornby PLC could also be used in its relative valuation, which is a method of valuing Hornby PLC by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Hornby PLC Market Strength Events
Market strength indicators help investors to evaluate how Hornby PLC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hornby PLC shares will generate the highest return on investment. By undertsting and applying Hornby PLC stock market strength indicators, traders can identify Hornby PLC entry and exit signals to maximize returns.
Hornby PLC Risk Indicators
The analysis of Hornby PLC'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 Hornby PLC's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hornby 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 | 890.88 | |||
Semi Deviation | 26.36 | |||
Standard Deviation | 1459.86 | |||
Variance | 2131202.97 | |||
Downside Variance | 2851.55 | |||
Semi Variance | 694.9 | |||
Expected Short fall | (1,429) |
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.
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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.Other Information on Investing in Hornby Stock
Hornby PLC financial ratios help investors to determine whether Hornby Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hornby with respect to the benefits of owning Hornby PLC security.