GoTo Gojek Stock Forecast - Accumulation Distribution
GOTO Stock | 66.00 2.00 3.13% |
GoTo Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast GoTo Gojek stock prices and determine the direction of GoTo Gojek Tokopedia's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of GoTo Gojek's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of GoTo Gojek to cross-verify your projections. GoTo |
Most investors in GoTo Gojek 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 GoTo Gojek's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets GoTo Gojek's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which GoTo Gojek is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of GoTo Gojek Tokopedia to determine if accumulation or reduction is taking place in the market. This value is adjusted by GoTo Gojek trading volume to give more weight to distributions with higher volume over lower volume.Previous Accumulation Distribution | Accumulation Distribution | Trend |
109.2 M | 0.0448 |
Check GoTo Gojek Volatility | Backtest GoTo Gojek | Information Ratio |
GoTo Gojek Trading Date Momentum
On May 26 2024 GoTo Gojek Tokopedia was traded for 66.00 at the closing time. The highest price during the trading period was 67.00 and the lowest recorded bid was listed for 64.00 . There was no trading activity during the period 0.0. Lack of trading volume on May 26, 2024 did not cause price change. The overall trading delta to the current price is 3.03% . |
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 GoTo Gojek
For every potential investor in GoTo, whether a beginner or expert, GoTo Gojek's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. GoTo Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in GoTo. Basic forecasting techniques help filter out the noise by identifying GoTo Gojek's price trends.GoTo Gojek 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 GoTo Gojek stock to make a market-neutral strategy. Peer analysis of GoTo Gojek could also be used in its relative valuation, which is a method of valuing GoTo Gojek by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
GoTo Gojek Tokopedia 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 GoTo Gojek'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 GoTo Gojek's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
GoTo Gojek Market Strength Events
Market strength indicators help investors to evaluate how GoTo Gojek stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GoTo Gojek shares will generate the highest return on investment. By undertsting and applying GoTo Gojek stock market strength indicators, traders can identify GoTo Gojek Tokopedia entry and exit signals to maximize returns.
GoTo Gojek Risk Indicators
The analysis of GoTo Gojek'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 GoTo Gojek's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting goto 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 | 2.73 | |||
Standard Deviation | 3.9 | |||
Variance | 15.2 |
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.
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Check out Historical Fundamental Analysis of GoTo Gojek to cross-verify your projections. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for GoTo Stock analysis
When running GoTo Gojek's price analysis, check to measure GoTo Gojek'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 GoTo Gojek is operating at the current time. Most of GoTo Gojek's value examination focuses on studying past and present price action to predict the probability of GoTo Gojek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GoTo Gojek's price. Additionally, you may evaluate how the addition of GoTo Gojek to your portfolios can decrease your overall portfolio volatility.
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