Photomyne Stock Forecast - Accumulation Distribution

PHTM Stock  ILA 2,784  14.00  0.51%   
Photomyne Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Photomyne stock prices and determine the direction of Photomyne's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Photomyne's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On November 14, 2024 Photomyne had Accumulation Distribution of 28.14. The accumulation distribution (A/D) indicator shows the degree to which Photomyne is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Photomyne to determine if accumulation or reduction is taking place in the market. This value is adjusted by Photomyne trading volume to give more weight to distributions with higher volume over lower volume.
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Photomyne Trading Date Momentum

On November 18 2024 Photomyne was traded for  2,802  at the closing time. The highest price during the trading period was 2,882  and the lowest recorded bid was listed for  2,771 . The volume for the day was 3.2 K. This history from November 18, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.78% . The trading delta at closing time to the current price is 0.78% .
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 Photomyne

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

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

Photomyne 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 Photomyne'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 Photomyne's current price.

Photomyne Market Strength Events

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

Photomyne Risk Indicators

The analysis of Photomyne'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 Photomyne's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting photomyne 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.

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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.

Other Information on Investing in Photomyne Stock

Photomyne financial ratios help investors to determine whether Photomyne 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 Photomyne with respect to the benefits of owning Photomyne security.