Wonderful Stock Forecast - Accumulation Distribution
| 6190 Stock | TWD 35.20 0.25 0.72% |
Wonderful Stock Forecast is based on your current time horizon.
Wonderful |
| Check Wonderful Volatility | Backtest Wonderful | Information Ratio |
Wonderful Trading Date Momentum
| On December 10 2024 Wonderful Hi Tech Co was traded for 35.20 at the closing time. The highest price during the trading period was 35.80 and the lowest recorded bid was listed for 35.05 . The volume for the day was 424.1 K. This history from December 10, 2024 had no short-term effect on price fluctuation. The trading price change to the current price is 1.70% . |
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 Wonderful
For every potential investor in Wonderful, whether a beginner or expert, Wonderful's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Wonderful Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Wonderful. Basic forecasting techniques help filter out the noise by identifying Wonderful's price trends.Wonderful 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 Wonderful stock to make a market-neutral strategy. Peer analysis of Wonderful could also be used in its relative valuation, which is a method of valuing Wonderful by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Wonderful Hi 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 Wonderful'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 Wonderful's current price.| Cycle Indicators | ||
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| Volume Indicators |
Wonderful Market Strength Events
Market strength indicators help investors to evaluate how Wonderful stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wonderful shares will generate the highest return on investment. By undertsting and applying Wonderful stock market strength indicators, traders can identify Wonderful Hi Tech Co entry and exit signals to maximize returns.
Wonderful Risk Indicators
The analysis of Wonderful'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 Wonderful's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting wonderful 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 | 1.46 | |||
| Standard Deviation | 2.12 | |||
| Variance | 4.49 |
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 Wonderful
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 Wonderful 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 Wonderful will appreciate offsetting losses from the drop in the long position's value.Moving against Wonderful Stock
| 0.56 | 2345 | Accton Technology Corp | PairCorr |
| 0.53 | 3596 | Arcadyan Technology Corp | PairCorr |
| 0.51 | 3558 | Senao Networks | PairCorr |
| 0.46 | 3704 | Unizyx Holding Corp | PairCorr |
| 0.33 | 0050 | YuantaP shares Taiwan | PairCorr |
The ability to find closely correlated positions to Wonderful could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wonderful 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 Wonderful - 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 Wonderful Hi Tech Co to buy it.
The correlation of Wonderful 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 Wonderful moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wonderful Hi Tech 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 Wonderful 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.Additional Tools for Wonderful Stock Analysis
When running Wonderful's price analysis, check to measure Wonderful'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 Wonderful is operating at the current time. Most of Wonderful's value examination focuses on studying past and present price action to predict the probability of Wonderful's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wonderful's price. Additionally, you may evaluate how the addition of Wonderful to your portfolios can decrease your overall portfolio volatility.