Nexon Co Pink Sheet Forecast - Accumulation Distribution

NEXOY Stock  USD 14.13  0.38  2.76%   
Nexon Pink Sheet Forecast is based on your current time horizon.
  
On September 9, 2024 Nexon Co Ltd had Accumulation Distribution of 0. The accumulation distribution (A/D) indicator shows the degree to which Nexon Co is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Nexon Co Ltd to determine if accumulation or reduction is taking place in the market. This value is adjusted by Nexon Co trading volume to give more weight to distributions with higher volume over lower volume.
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Nexon Co Trading Date Momentum

On September 10 2024 Nexon Co Ltd was traded for  19.04  at the closing time. The highest daily price throughout the period was 19.04  and the lowest price was  19.04 . The daily volume was 31.9 K. The net trading volume on 09/10/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.37% . The trading delta at closing time to current closing price is 0.52% .
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 Nexon Co

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

Nexon Co 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 Nexon Co pink sheet to make a market-neutral strategy. Peer analysis of Nexon Co could also be used in its relative valuation, which is a method of valuing Nexon Co by comparing valuation metrics with similar companies.
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Nexon Co 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 Nexon Co'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 Nexon Co's current price.

Nexon Co Market Strength Events

Market strength indicators help investors to evaluate how Nexon Co 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 Nexon Co shares will generate the highest return on investment. By undertsting and applying Nexon Co pink sheet market strength indicators, traders can identify Nexon Co Ltd entry and exit signals to maximize returns.

Nexon Co Risk Indicators

The analysis of Nexon Co'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 Nexon Co's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nexon 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 Nexon Pink Sheet Analysis

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