SAMIR Stock Forecast - Accumulation Distribution
Investors can use prediction functions to forecast SAMIR's stock prices and determine the direction of SAMIR's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. We recommend always using this module together with an analysis of SAMIR's historical fundamentals, such as revenue growth or operating cash flow patterns. Check out World Market Map 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 metropolitan statistical area.
On November 27, 2024 SAMIR had Accumulation Distribution of 0. The accumulation distribution (A/D) indicator shows the degree to which SAMIR is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of SAMIR to determine if accumulation or reduction is taking place in the market. This value is adjusted by SAMIR trading volume to give more weight to distributions with higher volume over lower volume.SAMIR |
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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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SAMIR 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 SAMIR stock to make a market-neutral strategy. Peer analysis of SAMIR could also be used in its relative valuation, which is a method of valuing SAMIR by comparing valuation metrics with similar companies.
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