Cuentas Pink Sheet Forecast - Accumulation Distribution
| CUENDelisted Stock | USD 5.13 0.67 11.55% |
Cuentas Pink Sheet Forecast is based on your current time horizon.
Cuentas |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 1861.41 | 1003.38 |
| Check Cuentas Volatility | Backtest Cuentas | Trend Details |
Cuentas Trading Date Momentum
| On April 28 2023 Cuentas was traded for 4.71 at the closing time. The top price for the day was 4.74 and the lowest listed price was 4.58 . The trading volume for the day was 7.1 K. The trading history from April 28, 2023 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 1.51% . The overall trading delta against the current closing price is 7.33% . |
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 Cuentas to competition
Cuentas 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 Cuentas pink sheet to make a market-neutral strategy. Peer analysis of Cuentas could also be used in its relative valuation, which is a method of valuing Cuentas by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Cuentas Market Strength Events
Market strength indicators help investors to evaluate how Cuentas pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cuentas shares will generate the highest return on investment. By undertsting and applying Cuentas pink sheet market strength indicators, traders can identify Cuentas entry and exit signals to maximize returns.
Cuentas Risk Indicators
The analysis of Cuentas' 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 Cuentas' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cuentas pink sheet 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 | 4.18 | |||
| Semi Deviation | 5.67 | |||
| Standard Deviation | 6.64 | |||
| Variance | 44.14 | |||
| Downside Variance | 39.0 | |||
| Semi Variance | 32.13 | |||
| Expected Short fall | (4.66) |
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 Cuentas
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 Cuentas 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 Cuentas will appreciate offsetting losses from the drop in the long position's value.Moving against Cuentas Pink Sheet
| 0.6 | DJCO | Daily Journal Corp | PairCorr |
| 0.58 | EB | Eventbrite Class A | PairCorr |
| 0.57 | ML | MoneyLion | PairCorr |
| 0.56 | DV | DoubleVerify Holdings | PairCorr |
| 0.53 | DOMO | Domo Inc | PairCorr |
The ability to find closely correlated positions to Cuentas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cuentas 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 Cuentas - 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 Cuentas to buy it.
The correlation of Cuentas 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 Cuentas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cuentas 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 Cuentas 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 company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Other Consideration for investing in Cuentas Pink Sheet
If you are still planning to invest in Cuentas 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 Cuentas' history and understand the potential risks before investing.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |