Aceragen Stock Forecast - Daily Balance Of Power
| ACGNDelisted Stock | 0.75 0.23 23.47% |
Aceragen Stock Forecast is based on your current time horizon.
Aceragen |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.74) | (0.74) |
| Check Aceragen Volatility | Backtest Aceragen | Information Ratio |
Aceragen Trading Date Momentum
| On December 02 2024 Aceragen was traded for 0.75 at the closing time. The top price for the day was 1.00 and the lowest listed price was 0.69 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 did not affect price variability. The overall trading delta against the current closing price is 30.67% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare Aceragen to competition
View Aceragen Related Equities
| Risk & Return | Correlation |
Aceragen Market Strength Events
Market strength indicators help investors to evaluate how Aceragen stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aceragen shares will generate the highest return on investment. By undertsting and applying Aceragen stock market strength indicators, traders can identify Aceragen entry and exit signals to maximize returns.
Aceragen Risk Indicators
The analysis of Aceragen'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 Aceragen's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting aceragen 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 | 5.76 | |||
| Standard Deviation | 12.89 | |||
| Variance | 166.15 |
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 Aceragen
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 Aceragen 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 Aceragen will appreciate offsetting losses from the drop in the long position's value.Moving against Aceragen Stock
| 0.54 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.54 | CSCO | Cisco Systems Sell-off Trend | PairCorr |
| 0.53 | WMT | Walmart Aggressive Push | PairCorr |
| 0.53 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.53 | CVX | Chevron Corp Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Aceragen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aceragen 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 Aceragen - 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 Aceragen to buy it.
The correlation of Aceragen 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 Aceragen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aceragen 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 Aceragen 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 Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Other Consideration for investing in Aceragen Stock
If you are still planning to invest in Aceragen check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Aceragen's history and understand the potential risks before investing.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |