Med Life Stock Forecast - Accumulation Distribution

M Stock   5.88  0.07  1.20%   
Med Stock Forecast is based on your current time horizon.
  
On October 29, 2024 Med Life SA had Accumulation Distribution of 175.35. The accumulation distribution (A/D) indicator shows the degree to which Med Life is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Med Life SA to determine if accumulation or reduction is taking place in the market. This value is adjusted by Med Life trading volume to give more weight to distributions with higher volume over lower volume.
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Med Life Trading Date Momentum

On October 30 2024 Med Life SA was traded for  5.90  at the closing time. The top price for the day was 5.91  and the lowest listed price was  5.87 . The trading volume for the day was 13 K. The trading history from October 30, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.51% . The trading delta at closing time against the current closing price is 0.51% .
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 Med Life

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

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

Med Life SA 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 Med Life'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 Med Life's current price.

Med Life Market Strength Events

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

Med Life Risk Indicators

The analysis of Med Life'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 Med Life's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting med 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.

Pair Trading with Med Life

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 Med Life 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 Med Life will appreciate offsetting losses from the drop in the long position's value.

Moving together with Med Stock

  0.61AAG Aages SAPairCorr
  0.66ALU Alumil Rom IndustryPairCorr
The ability to find closely correlated positions to Med Life could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Med Life 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 Med Life - 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 Med Life SA to buy it.
The correlation of Med Life 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 Med Life moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Med Life SA 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 Med Life 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

Other Information on Investing in Med Stock

Med Life financial ratios help investors to determine whether Med Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Med with respect to the benefits of owning Med Life security.