Trident Digital Stock Forecast - Accumulation Distribution

TDTH Stock   2.23  0.05  2.29%   
Trident Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Trident Digital's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On November 18, 2024 Trident Digital Tech had Accumulation Distribution of 1042.42. The accumulation distribution (A/D) indicator shows the degree to which Trident Digital is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Trident Digital Tech to determine if accumulation or reduction is taking place in the market. This value is adjusted by Trident Digital trading volume to give more weight to distributions with higher volume over lower volume.
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Trident Digital Trading Date Momentum

On November 19 2024 Trident Digital Tech was traded for  2.25  at the closing time. The top price for the day was 2.39  and the lowest listed price was  2.25 . The trading volume for the day was 18.6 K. The trading history from November 19, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 1.81% . The trading price change against the current closing price is 0.45% .
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 Trident Digital

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

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

Trident Digital Tech 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 Trident Digital'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 Trident Digital's current price.

Trident Digital Market Strength Events

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

Trident Digital Risk Indicators

The analysis of Trident Digital'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 Trident Digital's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting trident 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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When determining whether Trident Digital Tech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Trident Digital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Trident Digital Tech Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Trident Digital Tech Stock:
Check out Historical Fundamental Analysis of Trident Digital to cross-verify your projections.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is IT Consulting & Other Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Trident Digital. If investors know Trident will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Trident Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.07)
Revenue Per Share
0.026
Quarterly Revenue Growth
0.272
Return On Assets
(0.67)
Return On Equity
(8.62)
The market value of Trident Digital Tech is measured differently than its book value, which is the value of Trident that is recorded on the company's balance sheet. Investors also form their own opinion of Trident Digital's value that differs from its market value or its book value, called intrinsic value, which is Trident Digital'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 Trident Digital's market value can be influenced by many factors that don't directly affect Trident Digital'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 Trident Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trident Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trident Digital'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.