Tingo Stock Forecast - Accumulation Distribution
| TIO Stock | 0.01 0.01 200.00% |
Tingo Stock Forecast is based on your current time horizon. Although Tingo's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Tingo's systematic risk associated with finding meaningful patterns of Tingo fundamentals over time.
Tingo |
| Check Tingo Volatility | Backtest Tingo | Trend Details |
Tingo Trading Date Momentum
| On October 23 2024 Tingo Group was traded for 0.01 at the closing time. Highest Tingo's price during the trading hours was 0.02 and the lowest price during the day was 0.01 . The net volume was 25.9 K. The overall trading history on the 23rd of October contributed to the next trading period price boost. The trading price change to the next next day price was 41.51% . The trading price change to current price is 0.00% . |
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 Tingo
For every potential investor in Tingo, whether a beginner or expert, Tingo's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Tingo Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Tingo. Basic forecasting techniques help filter out the noise by identifying Tingo's price trends.Tingo 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 Tingo stock to make a market-neutral strategy. Peer analysis of Tingo could also be used in its relative valuation, which is a method of valuing Tingo by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Tingo Group 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 Tingo'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 Tingo's current price.| Cycle Indicators | ||
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| Volume Indicators |
Tingo Market Strength Events
Market strength indicators help investors to evaluate how Tingo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tingo shares will generate the highest return on investment. By undertsting and applying Tingo stock market strength indicators, traders can identify Tingo Group entry and exit signals to maximize returns.
Tingo Risk Indicators
The analysis of Tingo'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 Tingo's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tingo 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.
| Mean Deviation | 104.78 | |||
| Semi Deviation | 27.38 | |||
| Standard Deviation | 316.15 | |||
| Variance | 99949.86 | |||
| Downside Variance | 2081.82 | |||
| Semi Variance | 749.88 | |||
| Expected Short fall | (196.88) |
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 Tingo
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 Tingo 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 Tingo will appreciate offsetting losses from the drop in the long position's value.Moving against Tingo Stock
| 0.5 | EHGO | Eshallgo Class A Downward Rally | PairCorr |
| 0.49 | CWAN | Clearwater Analytics | PairCorr |
| 0.48 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.45 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.4 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
The ability to find closely correlated positions to Tingo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tingo 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 Tingo - 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 Tingo Group to buy it.
The correlation of Tingo 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 Tingo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tingo Group 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 Tingo 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 Tingo to cross-verify your projections. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Electronic Equipment, Instruments & Components 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 Tingo. If investors know Tingo 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 Tingo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.45 | Revenue Per Share 15.292 | Quarterly Revenue Growth 41.613 | Return On Assets 0.3485 | Return On Equity 0.4324 |
The market value of Tingo Group is measured differently than its book value, which is the value of Tingo that is recorded on the company's balance sheet. Investors also form their own opinion of Tingo's value that differs from its market value or its book value, called intrinsic value, which is Tingo'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 Tingo's market value can be influenced by many factors that don't directly affect Tingo'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 Tingo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tingo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tingo'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.