Viettel Construction Stock Forecast - Accumulation Distribution

CTR Stock   120,500  1,700  1.39%   
Viettel Stock Forecast is based on your current time horizon.
  
Viettel Construction JSC has current Accumulation Distribution of 12948.29. The accumulation distribution (A/D) indicator shows the degree to which Viettel Construction is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Viettel Construction JSC to determine if accumulation or reduction is taking place in the market. This value is adjusted by Viettel Construction trading volume to give more weight to distributions with higher volume over lower volume.
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Viettel Construction Trading Date Momentum

On December 13 2024 Viettel Construction JSC was traded for  120,500  at the closing time. The maximum traded price for the trading interval was 122,600  and the lowest daily price was  120,300 . The daily volume was recorded at 690.2 K. The volume of trading on 13th of December 2024 did not result in any price rise and fall. The trading price change to the closing price today is 0.58% .
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 Viettel Construction

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

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

Viettel Construction JSC 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 Viettel Construction'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 Viettel Construction's current price.

Viettel Construction Market Strength Events

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

Viettel Construction Risk Indicators

The analysis of Viettel Construction'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 Viettel Construction's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting viettel 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.

Pair Trading with Viettel Construction

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 Viettel Construction 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 Viettel Construction will appreciate offsetting losses from the drop in the long position's value.

Moving together with Viettel Stock

  0.62APG APG Securities JointPairCorr
The ability to find closely correlated positions to Viettel Construction could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Viettel Construction 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 Viettel Construction - 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 Viettel Construction JSC to buy it.
The correlation of Viettel Construction 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 Viettel Construction moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Viettel Construction JSC 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 Viettel Construction 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Viettel Stock

Viettel Construction financial ratios help investors to determine whether Viettel 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 Viettel with respect to the benefits of owning Viettel Construction security.