Altigen Communications OTC Stock Forecast - Market Facilitation Index
ATGNDelisted Stock | USD 0.55 0.01 1.85% |
Altigen OTC Stock Forecast is based on your current time horizon.
Altigen |
Check Altigen Communications Volatility | Backtest Altigen Communications | Trend Details |
Altigen Communications Trading Date Momentum
On December 05 2024 Altigen Communications was traded for 0.55 at the closing time. The top price for the day was 0.57 and the lowest listed price was 0.46 . There was no trading activity during the period 0.0. Lack of trading volume on December 5, 2024 did not affect price variability. The overall trading delta against the current closing price is 1.82% . |
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
Compare Altigen Communications to competition
Altigen Communications 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 Altigen Communications otc stock to make a market-neutral strategy. Peer analysis of Altigen Communications could also be used in its relative valuation, which is a method of valuing Altigen Communications by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Altigen Communications Market Strength Events
Market strength indicators help investors to evaluate how Altigen Communications otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Altigen Communications shares will generate the highest return on investment. By undertsting and applying Altigen Communications otc stock market strength indicators, traders can identify Altigen Communications entry and exit signals to maximize returns.
Altigen Communications Risk Indicators
The analysis of Altigen Communications' 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 Altigen Communications' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting altigen otc 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 | 4.02 | |||
Standard Deviation | 6.12 | |||
Variance | 37.48 |
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 Altigen Communications
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 Altigen Communications 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 Altigen Communications will appreciate offsetting losses from the drop in the long position's value.Moving against Altigen OTC Stock
0.7 | FEIM | Frequency Electronics Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Altigen Communications could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altigen Communications 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 Altigen Communications - 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 Altigen Communications to buy it.
The correlation of Altigen Communications 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 Altigen Communications moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altigen Communications 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 Altigen Communications 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.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in price. Note that the Altigen Communications information on this page should be used as a complementary analysis to other Altigen Communications' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Other Consideration for investing in Altigen OTC Stock
If you are still planning to invest in Altigen Communications 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 Altigen Communications' history and understand the potential risks before investing.
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
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 | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Stocks Directory Find actively traded stocks across global markets | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. |