Jubilee Life Stock Forecast - Accumulation Distribution

JLICL Stock   137.09  6.21  4.33%   
Jubilee Stock Forecast is based on your current time horizon.
  
On November 12, 2024 Jubilee Life Insurance had Accumulation Distribution of 236.61. The accumulation distribution (A/D) indicator shows the degree to which Jubilee Life is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Jubilee Life Insurance to determine if accumulation or reduction is taking place in the market. This value is adjusted by Jubilee Life trading volume to give more weight to distributions with higher volume over lower volume.
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Jubilee Life Trading Date Momentum

On November 13 2024 Jubilee Life Insurance was traded for  137.83  at the closing time. The highest price during the trading period was 139.90  and the lowest recorded bid was listed for  132.00 . The volume for the day was 63.1 K. This history from November 13, 2024 contributed to the next trading day price upswing. The trading delta at closing time to the next closing price was 6.02% . The trading delta at closing time to the current price is 12.31% .
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 Jubilee Life

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

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

Jubilee Life Insurance 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 Jubilee Life's 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 Jubilee Life's current price.

Jubilee Life Market Strength Events

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

Jubilee Life Risk Indicators

The analysis of Jubilee Life'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 Jubilee Life's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting jubilee 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.

Pair Trading with Jubilee Life

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Jubilee Life position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Jubilee Life will appreciate offsetting losses from the drop in the long position's value.

Moving together with Jubilee Stock

  0.81FFL Fauji FoodsPairCorr
  0.79LOADS LoadsPairCorr

Moving against Jubilee Stock

  0.62MSOT Masood Textile MillsPairCorr
The ability to find closely correlated positions to Jubilee Life could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jubilee Life when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Jubilee Life - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Jubilee Life Insurance to buy it.
The correlation of Jubilee Life is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Jubilee Life moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jubilee Life Insurance moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Jubilee Life can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Jubilee Stock

Jubilee Life financial ratios help investors to determine whether Jubilee 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 Jubilee with respect to the benefits of owning Jubilee Life security.