Solarmax Technology Stock Forecast - Accumulation Distribution

SMXT Stock   1.06  0.02  1.92%   
Solarmax Stock Forecast is based on your current time horizon.
  
Inventory Turnover is likely to drop to 19.30 in 2024. Payables Turnover is likely to drop to 6.86 in 2024. Common Stock Shares Outstanding is likely to gain to about 50.8 M in 2024.
On November 21, 2024 Solarmax Technology Common had Accumulation Distribution of 4177.01. The accumulation distribution (A/D) indicator shows the degree to which Solarmax Technology is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Solarmax Technology Common to determine if accumulation or reduction is taking place in the market. This value is adjusted by Solarmax Technology trading volume to give more weight to distributions with higher volume over lower volume.
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Solarmax Technology Trading Date Momentum

On November 21 2024 Solarmax Technology Common was traded for  1.06  at the closing time. The top price for the day was 1.07  and the lowest listed price was  0.97 . The trading volume for the day was 44.7 K. The trading history from November 21, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 3.77% .
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 Solarmax Technology

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

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

Solarmax Technology Market Strength Events

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

Solarmax Technology Risk Indicators

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

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Solarmax Stock Analysis

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