On September 19, 2024 Cognyte Software had Accumulation Distribution of 5291.84. The accumulation distribution (A/D) indicator shows the degree to which Cognyte Software is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Cognyte Software to determine if accumulation or reduction is taking place in the market. This value is adjusted by Cognyte Software trading volume to give more weight to distributions with higher volume over lower volume.
On September 20 2024 Cognyte Software was traded for 6.71 at the closing time. The top price for the day was 6.76 and the lowest listed price was 6.68 . The trading volume for the day was 281.5 K. The trading history from September 20, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.18% . The overall trading delta against the current closing price is 2.80% .
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
For every potential investor in Cognyte, whether a beginner or expert, Cognyte Software's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Cognyte Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Cognyte. Basic forecasting techniques help filter out the noise by identifying Cognyte Software's price trends.
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 Cognyte Software stock to make a market-neutral strategy. Peer analysis of Cognyte Software could also be used in its relative valuation, which is a method of valuing Cognyte Software by comparing valuation metrics with similar companies.
Cognyte Software 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 Cognyte Software'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 Cognyte Software's current price.
Market strength indicators help investors to evaluate how Cognyte Software stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cognyte Software shares will generate the highest return on investment. By undertsting and applying Cognyte Software stock market strength indicators, traders can identify Cognyte Software entry and exit signals to maximize returns.
The analysis of Cognyte Software'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 Cognyte Software's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cognyte 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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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
When running Cognyte Software's price analysis, check to measure Cognyte Software's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cognyte Software is operating at the current time. Most of Cognyte Software's value examination focuses on studying past and present price action to predict the probability of Cognyte Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cognyte Software's price. Additionally, you may evaluate how the addition of Cognyte Software to your portfolios can decrease your overall portfolio volatility.