Amazon CDR Stock Forecast - Daily Balance Of Power
| AMZN Stock | 24.70 0.19 0.78% |
Amazon Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Amazon CDR stock prices and determine the direction of Amazon CDR's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Amazon CDR's historical fundamentals, such as revenue growth or operating cash flow patterns.
Amazon |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.69) | 0.6552 |
| Check Amazon CDR Volatility | Backtest Amazon CDR | Information Ratio |
Amazon CDR Trading Date Momentum
| On November 28 2024 Amazon CDR was traded for 24.70 at the closing time. The highest price during the trading period was 24.80 and the lowest recorded bid was listed for 24.51 . The volume for the day was 26.5 K. This history from November 28, 2024 did not affect price variability. The overall trading delta to the current price is 0.40% . |
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 Amazon CDR to competition |
Other Forecasting Options for Amazon CDR
For every potential investor in Amazon, whether a beginner or expert, Amazon CDR's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Amazon Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Amazon. Basic forecasting techniques help filter out the noise by identifying Amazon CDR's price trends.Amazon CDR 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 Amazon CDR stock to make a market-neutral strategy. Peer analysis of Amazon CDR could also be used in its relative valuation, which is a method of valuing Amazon CDR by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Amazon CDR 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 Amazon CDR'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 Amazon CDR's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Amazon CDR Market Strength Events
Market strength indicators help investors to evaluate how Amazon CDR stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Amazon CDR shares will generate the highest return on investment. By undertsting and applying Amazon CDR stock market strength indicators, traders can identify Amazon CDR entry and exit signals to maximize returns.
| Accumulation Distribution | 309.81 | |||
| Daily Balance Of Power | 0.6552 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 24.66 | |||
| Day Typical Price | 24.67 | |||
| Price Action Indicator | 0.14 | |||
| Period Momentum Indicator | 0.19 |
Amazon CDR Risk Indicators
The analysis of Amazon CDR'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 Amazon CDR's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting amazon 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 | 1.43 | |||
| Semi Deviation | 1.48 | |||
| Standard Deviation | 1.83 | |||
| Variance | 3.34 | |||
| Downside Variance | 2.75 | |||
| Semi Variance | 2.2 | |||
| Expected Short fall | (1.63) |
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 Amazon CDR
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 Amazon CDR 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 Amazon CDR will appreciate offsetting losses from the drop in the long position's value.Moving together with Amazon Stock
Moving against Amazon Stock
The ability to find closely correlated positions to Amazon CDR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amazon CDR 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 Amazon CDR - 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 Amazon CDR to buy it.
The correlation of Amazon CDR 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 Amazon CDR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amazon CDR 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 Amazon CDR 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.Other Information on Investing in Amazon Stock
Amazon CDR financial ratios help investors to determine whether Amazon Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Amazon with respect to the benefits of owning Amazon CDR security.