Mytilineos Stock Forecast - Accumulation Distribution
| MYTIL Stock | EUR 39.02 0.02 0.05% |
Mytilineos Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Mytilineos stock prices and determine the direction of Mytilineos SA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Mytilineos' historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Mytilineos to cross-verify your projections. Mytilineos |
Most investors in Mytilineos 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 Mytilineos' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Mytilineos' price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Mytilineos is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Mytilineos SA to determine if accumulation or reduction is taking place in the market. This value is adjusted by Mytilineos trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 1528.92 | 2828.91 |
| Check Mytilineos Volatility | Backtest Mytilineos | Information Ratio |
Mytilineos Trading Date Momentum
| On May 10 2024 Mytilineos SA was traded for 39.02 at the closing time. The highest price during the trading period was 39.34 and the lowest recorded bid was listed for 38.76 . The volume for the day was 191.9 K. This history from May 10, 2024 did not cause price change. The trading delta at closing time to the current price is 0.05% . |
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 Mytilineos to competition |
Other Forecasting Options for Mytilineos
For every potential investor in Mytilineos, whether a beginner or expert, Mytilineos' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Mytilineos Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Mytilineos. Basic forecasting techniques help filter out the noise by identifying Mytilineos' price trends.Mytilineos 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 Mytilineos stock to make a market-neutral strategy. Peer analysis of Mytilineos could also be used in its relative valuation, which is a method of valuing Mytilineos by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Mytilineos 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 Mytilineos' 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 Mytilineos' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Mytilineos Market Strength Events
Market strength indicators help investors to evaluate how Mytilineos stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mytilineos shares will generate the highest return on investment. By undertsting and applying Mytilineos stock market strength indicators, traders can identify Mytilineos SA entry and exit signals to maximize returns.
| Accumulation Distribution | 2828.91 | |||
| Daily Balance Of Power | 0.0345 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 39.05 | |||
| Day Typical Price | 39.04 | |||
| Price Action Indicator | (0.02) | |||
| Period Momentum Indicator | 0.02 |
Mytilineos Risk Indicators
The analysis of Mytilineos' 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 Mytilineos' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mytilineos 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 | 1.03 | |||
| Semi Deviation | 1.21 | |||
| Standard Deviation | 1.42 | |||
| Variance | 2.03 | |||
| Downside Variance | 1.64 | |||
| Semi Variance | 1.47 | |||
| Expected Short fall | (1.29) |
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 Mytilineos 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, Mytilineos' short interest history, or implied volatility extrapolated from Mytilineos options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Mytilineos to cross-verify your projections. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Mytilineos Stock analysis
When running Mytilineos' price analysis, check to measure Mytilineos' 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 Mytilineos is operating at the current time. Most of Mytilineos' value examination focuses on studying past and present price action to predict the probability of Mytilineos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mytilineos' price. Additionally, you may evaluate how the addition of Mytilineos to your portfolios can decrease your overall portfolio volatility.
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Commodity Directory Find actively traded commodities issued by global exchanges |