Andon Health Stock Forecast - Accumulation Distribution

002432 Stock   42.74  0.86  1.97%   
Andon Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Andon Health stock prices and determine the direction of Andon Health Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Andon Health's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Andon Health's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 1.6 B, whereas Other Current Liabilities is forecasted to decline to about 542.6 K.
On September 30, 2024 Andon Health Co had Accumulation Distribution of 1.2 M. The accumulation distribution (A/D) indicator shows the degree to which Andon Health is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Andon Health Co to determine if accumulation or reduction is taking place in the market. This value is adjusted by Andon Health trading volume to give more weight to distributions with higher volume over lower volume.
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Andon Health Trading Date Momentum

On October 08 2024 Andon Health Co was traded for  47.63  at the closing time. The highest price during the trading period was 51.84  and the lowest recorded bid was listed for  46.12 . The volume for the day was 25.5 M. This history from October 8, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.06% . The overall trading delta to the current price is 9.89% .
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 Andon Health

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

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

Andon Health 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 Andon Health'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 Andon Health's current price.

Andon Health Market Strength Events

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

Andon Health Risk Indicators

The analysis of Andon Health'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 Andon Health's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting andon 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Andon Stock

Andon Health financial ratios help investors to determine whether Andon 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 Andon with respect to the benefits of owning Andon Health security.