Exro Technologies OTC Stock Forecast - Accumulation Distribution
| EXROF Stock | USD 0.51 0.03 5.56% |
Exro OTC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Exro Technologies stock prices and determine the direction of Exro Technologies's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Exro Technologies' historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Exro Technologies to cross-verify your projections. Exro |
Most investors in Exro Technologies cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Exro Technologies' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Exro Technologies' price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Exro Technologies is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Exro Technologies to determine if accumulation or reduction is taking place in the market. This value is adjusted by Exro Technologies trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 7655.36 | 10958.13 |
| Check Exro Technologies Volatility | Backtest Exro Technologies | Information Ratio |
Exro Technologies Trading Date Momentum
| On May 03 2024 Exro Technologies was traded for 0.51 at the closing time. The highest daily price throughout the period was 0.56 and the lowest price was 0.49 . The daily volume was 87.7 K. The net trading volume on 05/03/2024 did not affect price variability. The overall trading delta to current closing price is 3.92% . |
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 Exro Technologies to competition |
Other Forecasting Options for Exro Technologies
For every potential investor in Exro, whether a beginner or expert, Exro Technologies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Exro OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Exro. Basic forecasting techniques help filter out the noise by identifying Exro Technologies' price trends.Exro Technologies 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 Exro Technologies otc stock to make a market-neutral strategy. Peer analysis of Exro Technologies could also be used in its relative valuation, which is a method of valuing Exro Technologies by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Exro Technologies Technical and Predictive Analytics
The otc stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Exro Technologies' 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 Exro Technologies' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Exro Technologies Market Strength Events
Market strength indicators help investors to evaluate how Exro Technologies otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Exro Technologies shares will generate the highest return on investment. By undertsting and applying Exro Technologies otc stock market strength indicators, traders can identify Exro Technologies entry and exit signals to maximize returns.
| Accumulation Distribution | 10958.13 | |||
| Daily Balance Of Power | (0.43) | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 0.53 | |||
| Day Typical Price | 0.52 | |||
| Price Action Indicator | (0.03) | |||
| Period Momentum Indicator | (0.03) | |||
| Relative Strength Index | 45.02 |
Exro Technologies Risk Indicators
The analysis of Exro Technologies' 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 Exro Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting exro otc 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.
| Mean Deviation | 3.96 | |||
| Standard Deviation | 5.13 | |||
| Variance | 26.36 |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Exro Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Exro Technologies' short interest history, or implied volatility extrapolated from Exro Technologies options trading.
Pair Trading with Exro Technologies
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 Exro Technologies 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 Exro Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Exro OTC Stock
| 0.74 | ABLZF | ABB | PairCorr |
| 0.65 | VRT | Vertiv Holdings | PairCorr |
| 0.59 | NVT | nVent Electric PLC Earnings Call Today | PairCorr |
| 0.58 | ABB | ABB Ltd ADR | PairCorr |
| 0.56 | CVX | Chevron Corp Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Exro Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Exro Technologies 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 Exro Technologies - 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 Exro Technologies to buy it.
The correlation of Exro Technologies 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 Exro Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Exro Technologies 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 Exro Technologies 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 Historical Fundamental Analysis of Exro Technologies to cross-verify your projections. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Exro OTC Stock analysis
When running Exro Technologies' price analysis, check to measure Exro Technologies' 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 Exro Technologies is operating at the current time. Most of Exro Technologies' value examination focuses on studying past and present price action to predict the probability of Exro Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Exro Technologies' price. Additionally, you may evaluate how the addition of Exro Technologies to your portfolios can decrease your overall portfolio volatility.
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