Guinness Atkinson Etf Forecast - Accumulation Distribution
| SOLR Etf | USD 26.72 0.30 1.14% |
Guinness Etf Forecast is based on your current time horizon.
Guinness |
| Check Guinness Atkinson Volatility | Backtest Guinness Atkinson | Trend Details |
Guinness Atkinson Trading Date Momentum
| On November 24 2024 Guinness Atkinson Funds was traded for 26.72 at the closing time. The top price for the day was 26.72 and the lowest listed price was 26.44 . There was no trading activity during the period 0.0. Lack of trading volume on November 24, 2024 did not cause price change. The overall trading delta against the current closing price is 1.05% . |
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 Guinness Atkinson
For every potential investor in Guinness, whether a beginner or expert, Guinness Atkinson's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Guinness Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Guinness. Basic forecasting techniques help filter out the noise by identifying Guinness Atkinson's price trends.Guinness Atkinson 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 Guinness Atkinson etf to make a market-neutral strategy. Peer analysis of Guinness Atkinson could also be used in its relative valuation, which is a method of valuing Guinness Atkinson by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Guinness Atkinson Funds Technical and Predictive Analytics
The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Guinness Atkinson'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 Guinness Atkinson's current price.| Cycle Indicators | ||
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Guinness Atkinson Market Strength Events
Market strength indicators help investors to evaluate how Guinness Atkinson etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Guinness Atkinson shares will generate the highest return on investment. By undertsting and applying Guinness Atkinson etf market strength indicators, traders can identify Guinness Atkinson Funds entry and exit signals to maximize returns.
Guinness Atkinson Risk Indicators
The analysis of Guinness Atkinson'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 Guinness Atkinson's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting guinness etf 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 | 0.9564 | |||
| Standard Deviation | 1.23 | |||
| Variance | 1.5 |
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 Guinness Atkinson
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 Guinness Atkinson 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 Guinness Atkinson will appreciate offsetting losses from the drop in the long position's value.Moving against Guinness Etf
| 0.58 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.53 | MEME | Roundhill Investments | PairCorr |
| 0.45 | RSPY | Tuttle Capital Management | PairCorr |
| 0.32 | FTXN | First Trust Nasdaq | PairCorr |
The ability to find closely correlated positions to Guinness Atkinson could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Guinness Atkinson 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 Guinness Atkinson - 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 Guinness Atkinson Funds to buy it.
The correlation of Guinness Atkinson 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 Guinness Atkinson moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Guinness Atkinson Funds 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 Guinness Atkinson 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.Check out Historical Fundamental Analysis of Guinness Atkinson to cross-verify your projections. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of Guinness Atkinson Funds is measured differently than its book value, which is the value of Guinness that is recorded on the company's balance sheet. Investors also form their own opinion of Guinness Atkinson's value that differs from its market value or its book value, called intrinsic value, which is Guinness Atkinson's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Guinness Atkinson's market value can be influenced by many factors that don't directly affect Guinness Atkinson's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Guinness Atkinson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guinness Atkinson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guinness Atkinson's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.