Great Ajax Stock Forecast - Accumulation Distribution
| AJXADelisted Stock | USD 24.60 0.00 0.00% |
Great Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Great Ajax stock prices and determine the direction of Great Ajax Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Great Ajax's historical fundamentals, such as revenue growth or operating cash flow patterns.
Great |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 44.98 | 33.87 |
| Check Great Ajax Volatility | Backtest Great Ajax | Trend Details |
Great Ajax Trading Date Momentum
| On May 24 2023 Great Ajax Corp was traded for 23.93 at the closing time. The top price for the day was 24.39 and the lowest listed price was 23.93 . The trading volume for the day was 3.4 K. The trading history from May 24, 2023 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 0.04% . The overall trading delta against the current closing price is 2.01% . |
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
Compare Great Ajax to competition
Great Ajax 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 Great Ajax stock to make a market-neutral strategy. Peer analysis of Great Ajax could also be used in its relative valuation, which is a method of valuing Great Ajax by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Great Ajax Market Strength Events
Market strength indicators help investors to evaluate how Great Ajax stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Great Ajax shares will generate the highest return on investment. By undertsting and applying Great Ajax stock market strength indicators, traders can identify Great Ajax Corp entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0016 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 24.58 | |||
| Day Typical Price | 24.59 | |||
| Market Facilitation Index | 0.04 | |||
| Price Action Indicator | 0.02 |
Great Ajax Risk Indicators
The analysis of Great Ajax'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 Great Ajax's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting great 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 | 0.3886 | |||
| Semi Deviation | 0.5953 | |||
| Standard Deviation | 0.5936 | |||
| Variance | 0.3524 | |||
| Downside Variance | 0.6057 | |||
| Semi Variance | 0.3544 | |||
| Expected Short fall | (0.39) |
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.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 interest. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Other Consideration for investing in Great Stock
If you are still planning to invest in Great Ajax Corp 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 Great Ajax's history and understand the potential risks before investing.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |