Otonomo Technologies Stock Forecast - Accumulation Distribution

OTMOWDelisted Stock  USD 0.02  0.00  0.00%   
Otonomo Stock Forecast is based on your current time horizon.
  
On May 11, 2023 Otonomo Technologies had Accumulation Distribution of 8.17. The accumulation distribution (A/D) indicator shows the degree to which Otonomo Technologies is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Otonomo Technologies to determine if accumulation or reduction is taking place in the market. This value is adjusted by Otonomo Technologies trading volume to give more weight to distributions with higher volume over lower volume.
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Otonomo Technologies Trading Date Momentum

On May 12 2023 Otonomo Technologies was traded for  0.03  at the closing time. The highest daily price throughout the period was 0.03  and the lowest price was  0.03 . The daily volume was 200. The net trading volume on 05/12/2023 added to the next day price increase. The trading delta at closing time to closing price of the next trading day was 3.23% . The trading delta at closing time to current closing price is 2.42% .
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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Otonomo Technologies 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 Otonomo Technologies stock to make a market-neutral strategy. Peer analysis of Otonomo Technologies could also be used in its relative valuation, which is a method of valuing Otonomo Technologies by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Otonomo Technologies Market Strength Events

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

Otonomo Technologies Risk Indicators

The analysis of Otonomo Technologies' 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 Otonomo Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting otonomo 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.

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.
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Other Consideration for investing in Otonomo Stock

If you are still planning to invest in Otonomo Technologies check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Otonomo Technologies' history and understand the potential risks before investing.
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