Novatech Industries Stock Forecast - Accumulation Distribution
| MLNOV Stock | EUR 10.50 0.00 0.00% |
Novatech Stock Forecast is based on your current time horizon.
Novatech |
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Novatech Industries Trading Date Momentum
| On October 17 2024 Novatech Industries SA was traded for 11.00 at the closing time. The highest price during the trading period was 11.00 and the lowest recorded bid was listed for 11.00 . There was no trading activity during the period 1.0. Lack of trading volume on October 17, 2024 did not cause price change. The trading delta at closing time to the current price is 9.09% . |
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 Novatech Industries
For every potential investor in Novatech, whether a beginner or expert, Novatech Industries' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Novatech Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Novatech. Basic forecasting techniques help filter out the noise by identifying Novatech Industries' price trends.Novatech Industries 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 Novatech Industries stock to make a market-neutral strategy. Peer analysis of Novatech Industries could also be used in its relative valuation, which is a method of valuing Novatech Industries by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Novatech Industries 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 Novatech Industries' 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 Novatech Industries' current price.| Cycle Indicators | ||
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Novatech Industries Market Strength Events
Market strength indicators help investors to evaluate how Novatech Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Novatech Industries shares will generate the highest return on investment. By undertsting and applying Novatech Industries stock market strength indicators, traders can identify Novatech Industries SA entry and exit signals to maximize returns.
Novatech Industries Risk Indicators
The analysis of Novatech Industries' 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 Novatech Industries' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting novatech 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 | 1.92 | |||
| Semi Deviation | 3.37 | |||
| Standard Deviation | 4.94 | |||
| Variance | 24.37 | |||
| Downside Variance | 136.03 | |||
| Semi Variance | 11.33 | |||
| Expected Short fall | (10.78) |
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.Additional Tools for Novatech Stock Analysis
When running Novatech Industries' price analysis, check to measure Novatech Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Novatech Industries is operating at the current time. Most of Novatech Industries' value examination focuses on studying past and present price action to predict the probability of Novatech Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novatech Industries' price. Additionally, you may evaluate how the addition of Novatech Industries to your portfolios can decrease your overall portfolio volatility.