Mytilineos Holdings Pink Sheet Forecast - Accumulation Distribution

MYTHY Stock  USD 33.23  0.13  0.39%   
Mytilineos Pink Sheet Forecast is based on your current time horizon.
  
On November 21, 2024 Mytilineos Holdings SA had Accumulation Distribution of 31.14. The accumulation distribution (A/D) indicator shows the degree to which Mytilineos Holdings is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Mytilineos Holdings SA to determine if accumulation or reduction is taking place in the market. This value is adjusted by Mytilineos Holdings trading volume to give more weight to distributions with higher volume over lower volume.
Check Mytilineos Holdings VolatilityBacktest Mytilineos HoldingsTrend Details  

Mytilineos Holdings Trading Date Momentum

On November 22 2024 Mytilineos Holdings SA was traded for  33.23  at the closing time. The highest daily price throughout the period was 33.23  and the lowest price was  33.23 . The daily volume was 139. The net trading volume on 11/22/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.39% . The trading delta at closing time to current closing price is 0.39% .
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 Mytilineos Holdings to competition

Other Forecasting Options for Mytilineos Holdings

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

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

Mytilineos Holdings Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Mytilineos Holdings' 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 Mytilineos Holdings' current price.

Mytilineos Holdings Market Strength Events

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

Mytilineos Holdings Risk Indicators

The analysis of Mytilineos Holdings' 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 Mytilineos Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mytilineos pink sheet 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.

Additional Tools for Mytilineos Pink Sheet Analysis

When running Mytilineos Holdings' price analysis, check to measure Mytilineos Holdings' 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 Mytilineos Holdings is operating at the current time. Most of Mytilineos Holdings' value examination focuses on studying past and present price action to predict the probability of Mytilineos Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mytilineos Holdings' price. Additionally, you may evaluate how the addition of Mytilineos Holdings to your portfolios can decrease your overall portfolio volatility.