NCR Corp Stock Forecast - Accumulation Distribution
| NCRDelisted Stock | USD 26.94 0.24 0.90% |
NCR Stock Forecast is based on your current time horizon.
NCR |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 23255.71 | 14664.89 |
| Check NCR Corp Volatility | Backtest NCR Corp | Trend Details |
NCR Corp Trading Date Momentum
| On June 08 2023 NCR Corp was traded for 24.92 at the closing time. Highest NCR Corp's price during the trading hours was 24.96 and the lowest price during the day was 24.52 . The net volume was 678.9 K. The overall trading history on the 8th of June contributed to the next trading period price gain. The trading delta at closing time to the next next day price was 0.20% . The trading delta at closing time to current price is 1.09% . |
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 NCR Corp to competition
View NCR Corp Related Equities
| Risk & Return | Correlation |
NCR Corp Market Strength Events
Market strength indicators help investors to evaluate how NCR Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NCR Corp shares will generate the highest return on investment. By undertsting and applying NCR Corp stock market strength indicators, traders can identify NCR Corp entry and exit signals to maximize returns.
Pair Trading with NCR Corp
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 NCR Corp 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 NCR Corp will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to NCR Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NCR Corp 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 NCR Corp - 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 NCR Corp to buy it.
The correlation of NCR Corp 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 NCR Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NCR Corp 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 NCR Corp 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 Correlation Analysis 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 main economic indicators. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Other Consideration for investing in NCR Stock
If you are still planning to invest in NCR Corp 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 NCR Corp's 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 | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |