Mccoy Global Stock Forecast - Market Facilitation Index

MCB Stock  CAD 2.81  0.04  1.40%   
Mccoy Stock Forecast is based on your current time horizon. Although Mccoy Global's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Mccoy Global's systematic risk associated with finding meaningful patterns of Mccoy Global fundamentals over time.
  
At this time, Mccoy Global's Payables Turnover is very stable compared to the past year. As of the 16th of December 2024, Receivables Turnover is likely to grow to 7.61, while Inventory Turnover is likely to drop 1.46. . As of the 16th of December 2024, Net Income Applicable To Common Shares is likely to grow to about 10.6 M, while Common Stock Shares Outstanding is likely to drop about 24.8 M.
On December 12, 2024 Mccoy Global had Market Facilitation Index of 0. Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume.
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Mccoy Global Trading Date Momentum

On December 13 2024 Mccoy Global was traded for  2.81  at the closing time. The maximum traded price for the trading interval was 2.85  and the lowest daily price was  2.79 . The daily volume was recorded at 28.1 K. The volume of trading on 13th of December 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 1.40% . The trading delta at closing time to the closing price today is 0.00% .
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
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Other Forecasting Options for Mccoy Global

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

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

Mccoy Global 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 Mccoy Global'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 Mccoy Global's current price.

Mccoy Global Market Strength Events

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

Mccoy Global Risk Indicators

The analysis of Mccoy Global'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 Mccoy Global's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mccoy 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 Mccoy Global

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 Mccoy Global 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 Mccoy Global will appreciate offsetting losses from the drop in the long position's value.

Moving together with Mccoy Stock

  0.65ENB-PFV Enbridge Pref 5PairCorr

Moving against Mccoy Stock

  0.6VZ Verizon CommunicationsPairCorr
  0.38MSFT Microsoft Corp CDRPairCorr
  0.34SAGE Sage Potash CorpPairCorr
The ability to find closely correlated positions to Mccoy Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mccoy Global 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 Mccoy Global - 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 Mccoy Global to buy it.
The correlation of Mccoy Global 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 Mccoy Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mccoy Global 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 Mccoy Global 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 Mccoy Stock

Mccoy Global financial ratios help investors to determine whether Mccoy 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 Mccoy with respect to the benefits of owning Mccoy Global security.