Homeco Daily Stock Forecast - Accumulation Distribution

HDN Stock   1.25  0.01  0.79%   
Homeco Stock Forecast is based on your current time horizon.
  
At this time, Homeco Daily's Total Current Liabilities is comparatively stable compared to the past year. Retained Earnings is likely to gain to about 123 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 79.1 M in 2024.
On October 9, 2024 Homeco Daily Needs had Accumulation Distribution of 20284.71. The accumulation distribution (A/D) indicator shows the degree to which Homeco Daily is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Homeco Daily Needs to determine if accumulation or reduction is taking place in the market. This value is adjusted by Homeco Daily trading volume to give more weight to distributions with higher volume over lower volume.
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Homeco Daily Trading Date Momentum

On October 10 2024 Homeco Daily Needs was traded for  1.25  at the closing time. The maximum traded price for the trading interval was 1.26  and the lowest daily price was  1.24 . The daily volume was recorded at 2.9 M. The volume of trading on 10th of October 2024 did not cause price change. The trading delta at closing time to the closing price today is 0.80% .
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
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Other Forecasting Options for Homeco Daily

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

Homeco Daily 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 Homeco Daily stock to make a market-neutral strategy. Peer analysis of Homeco Daily could also be used in its relative valuation, which is a method of valuing Homeco Daily by comparing valuation metrics with similar companies.
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Homeco Daily Needs 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 Homeco Daily'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 Homeco Daily's current price.

Homeco Daily Market Strength Events

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

Homeco Daily Risk Indicators

The analysis of Homeco Daily'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 Homeco Daily's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting homeco 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.

Thematic Opportunities

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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.
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Additional Tools for Homeco Stock Analysis

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