Orbit Garant Stock Forecast - Accumulation Distribution
| OGD Stock | CAD 0.87 0.02 2.35% |
Orbit Stock Forecast is based on your current time horizon. Although Orbit Garant's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Orbit Garant's systematic risk associated with finding meaningful patterns of Orbit Garant fundamentals over time.
Orbit |
| Check Orbit Garant Volatility | Backtest Orbit Garant | Trend Details |
Orbit Garant Trading Date Momentum
| On October 10 2024 Orbit Garant Drilling was traded for 0.63 at the closing time. The maximum traded price for the trading interval was 0.63 and the lowest daily price was 0.63 . There was no trading activity during the period 1.0. Lack of trading volume on 10th of October 2024 did not cause price change. The trading delta at closing time to the closing price today is 4.76% . |
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 Orbit Garant
For every potential investor in Orbit, whether a beginner or expert, Orbit Garant's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Orbit Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Orbit. Basic forecasting techniques help filter out the noise by identifying Orbit Garant's price trends.Orbit Garant 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 Orbit Garant stock to make a market-neutral strategy. Peer analysis of Orbit Garant could also be used in its relative valuation, which is a method of valuing Orbit Garant by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Orbit Garant Drilling 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 Orbit Garant'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 Orbit Garant's current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volume Indicators |
Orbit Garant Market Strength Events
Market strength indicators help investors to evaluate how Orbit Garant stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Orbit Garant shares will generate the highest return on investment. By undertsting and applying Orbit Garant stock market strength indicators, traders can identify Orbit Garant Drilling entry and exit signals to maximize returns.
| Accumulation Distribution | 69.03 | |||
| Daily Balance Of Power | 2.0 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 0.87 | |||
| Day Typical Price | 0.87 | |||
| Price Action Indicator | 0.015 | |||
| Period Momentum Indicator | 0.02 |
Orbit Garant Risk Indicators
The analysis of Orbit Garant'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 Orbit Garant's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting orbit 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 | 2.75 | |||
| Semi Deviation | 3.05 | |||
| Standard Deviation | 4.54 | |||
| Variance | 20.61 | |||
| Downside Variance | 21.85 | |||
| Semi Variance | 9.3 | |||
| Expected Short fall | (4.48) |
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 Orbit Garant
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 Orbit Garant 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 Orbit Garant will appreciate offsetting losses from the drop in the long position's value.Moving together with Orbit Stock
Moving against Orbit Stock
The ability to find closely correlated positions to Orbit Garant could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Orbit Garant 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 Orbit Garant - 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 Orbit Garant Drilling to buy it.
The correlation of Orbit Garant 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 Orbit Garant moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Orbit Garant Drilling 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 Orbit Garant 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.Other Information on Investing in Orbit Stock
Orbit Garant financial ratios help investors to determine whether Orbit 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 Orbit with respect to the benefits of owning Orbit Garant security.