Electric Car Stock Forecast - Accumulation Distribution

ELCR Stock  USD 0.0001  0.00  0.00%   
Electric Stock Forecast is based on your current time horizon. Although Electric Car's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Electric Car's systematic risk associated with finding meaningful patterns of Electric Car fundamentals over time.
  
As of 12/03/2024, Inventory Turnover is likely to grow to 5.56, while Payables Turnover is likely to drop 0.38. . As of 12/03/2024, Net Loss is likely to grow to about (1.6 M).
On October 7, 2024 Electric Car had Accumulation Distribution of 0. The accumulation distribution (A/D) indicator shows the degree to which Electric Car is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Electric Car to determine if accumulation or reduction is taking place in the market. This value is adjusted by Electric Car trading volume to give more weight to distributions with higher volume over lower volume.
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Electric Car Trading Date Momentum

On October 08 2024 Electric Car was traded for  0.0001  at the closing time. The top price for the day was 0.0001  and the lowest listed price was  0.0001 . There was no trading activity during the period 1.0. Lack of trading volume on October 8, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.00% .
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 Electric Car

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

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

Electric Car 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 Electric Car'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 Electric Car's current price.

Electric Car Market Strength Events

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

Pair Trading with Electric Car

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 Electric Car 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 Electric Car will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Electric Car could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Electric Car 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 Electric Car - 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 Electric Car to buy it.
The correlation of Electric Car 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 Electric Car moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Electric Car 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 Electric Car 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.
Pair CorrelationCorrelation Matching

Additional Tools for Electric Stock Analysis

When running Electric Car's price analysis, check to measure Electric Car'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 Electric Car is operating at the current time. Most of Electric Car's value examination focuses on studying past and present price action to predict the probability of Electric Car's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electric Car's price. Additionally, you may evaluate how the addition of Electric Car to your portfolios can decrease your overall portfolio volatility.