NEXTDC Stock Forecast - Accumulation Distribution

2NX Stock  EUR 8.85  0.05  0.57%   
NEXTDC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of NEXTDC's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On December 18, 2024 NEXTDC LTD had Accumulation Distribution of 3.37. The accumulation distribution (A/D) indicator shows the degree to which NEXTDC is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of NEXTDC LTD to determine if accumulation or reduction is taking place in the market. This value is adjusted by NEXTDC trading volume to give more weight to distributions with higher volume over lower volume.
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NEXTDC Trading Date Momentum

On December 19 2024 NEXTDC LTD was traded for  8.80  at the closing time. The highest daily price throughout the period was 8.80  and the lowest price was  8.80 . The daily volume was 627. The net trading volume on 12/19/2024 added to the next day price reduction. The daily price change to closing price of the next trading day was 4.86% . The trading delta at closing time to current closing price is 4.32% .
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 NEXTDC

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

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

NEXTDC LTD 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 NEXTDC'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 NEXTDC's current price.

NEXTDC Market Strength Events

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

NEXTDC Risk Indicators

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

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Other Information on Investing in NEXTDC Stock

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