Alumina Limited OTC Stock Forecast - Market Facilitation Index
| AWCMY Stock | USD 3.97 0.04 1.02% |
Alumina OTC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Alumina Limited stock prices and determine the direction of Alumina Limited PK's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Alumina Limited's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Alumina Limited to cross-verify your projections. Alumina |
Most investors in Alumina Limited 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 Alumina Limited's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Alumina Limited's price structures and extracts relationships that further increase the generated results' accuracy.
Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume.| Check Alumina Limited Volatility | Backtest Alumina Limited | Information Ratio |
Alumina Limited Trading Date Momentum
| On April 18 2024 Alumina Limited PK was traded for 3.97 at the closing time. The highest daily price throughout the period was 3.97 and the lowest price was 3.87 . The daily volume was 7.1 K. The net trading volume on 04/18/2024 did not affect price variability. The overall trading delta to current closing price is 2.27% . |
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.
| Compare Alumina Limited to competition |
Other Forecasting Options for Alumina Limited
For every potential investor in Alumina, whether a beginner or expert, Alumina Limited's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Alumina OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Alumina. Basic forecasting techniques help filter out the noise by identifying Alumina Limited's price trends.Alumina Limited 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 Alumina Limited otc stock to make a market-neutral strategy. Peer analysis of Alumina Limited could also be used in its relative valuation, which is a method of valuing Alumina Limited by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Alumina Limited PK 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 Alumina Limited'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 Alumina Limited's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Alumina Limited Market Strength Events
Market strength indicators help investors to evaluate how Alumina Limited 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 Alumina Limited shares will generate the highest return on investment. By undertsting and applying Alumina Limited otc stock market strength indicators, traders can identify Alumina Limited PK entry and exit signals to maximize returns.
Alumina Limited Risk Indicators
The analysis of Alumina Limited'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 Alumina Limited's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting alumina 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 | 2.16 | |||
| Semi Deviation | 1.93 | |||
| Standard Deviation | 2.89 | |||
| Variance | 8.34 | |||
| Downside Variance | 6.4 | |||
| Semi Variance | 3.72 | |||
| Expected Short fall | (2.80) |
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 Alumina Limited 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, Alumina Limited's short interest history, or implied volatility extrapolated from Alumina Limited options trading.
Pair Trading with Alumina Limited
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 Alumina Limited 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 Alumina Limited will appreciate offsetting losses from the drop in the long position's value.Moving together with Alumina OTC Stock
| 0.9 | CHKEZ | Chesapeake Energy | PairCorr |
| 0.87 | CHKEL | Chesapeake Energy | PairCorr |
| 0.61 | ATCOL | Atlas Corp | PairCorr |
Moving against Alumina OTC Stock
| 0.88 | MCD | McDonalds Earnings Call This Week | PairCorr |
| 0.76 | JNJ | Johnson Johnson Financial Report 18th of July 2024 | PairCorr |
| 0.73 | INTC | Intel Earnings Call This Week | PairCorr |
| 0.67 | ASTSW | AST SpaceMobile | PairCorr |
| 0.44 | PFE | Pfizer Inc Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Alumina Limited could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alumina Limited 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 Alumina Limited - 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 Alumina Limited PK to buy it.
The correlation of Alumina Limited 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 Alumina Limited moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alumina Limited PK 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 Alumina Limited 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 Alumina Limited to cross-verify your projections. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Alumina OTC Stock analysis
When running Alumina Limited's price analysis, check to measure Alumina Limited'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 Alumina Limited is operating at the current time. Most of Alumina Limited's value examination focuses on studying past and present price action to predict the probability of Alumina Limited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alumina Limited's price. Additionally, you may evaluate how the addition of Alumina Limited to your portfolios can decrease your overall portfolio volatility.
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