Finnovate Acquisition Stock Forecast - Accumulation Distribution
| FNVTW Stock | USD 0.02 0.0006 2.91% |
Finnovate Stock Forecast is based on your current time horizon.
Finnovate |
Most investors in Finnovate Acquisition 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 Finnovate Acquisition's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Finnovate Acquisition's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Finnovate Acquisition is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Finnovate Acquisition Corp to determine if accumulation or reduction is taking place in the market. This value is adjusted by Finnovate Acquisition trading volume to give more weight to distributions with higher volume over lower volume.| Check Finnovate Acquisition Volatility | Backtest Finnovate Acquisition | Trend Details |
Finnovate Acquisition Trading Date Momentum
| On December 12 2023 Finnovate Acquisition Corp was traded for 0.02 at the closing time. The highest daily price throughout the period was 0.02 and the lowest price was 0.01 . The daily volume was 21.2 K. The net trading volume on 12/12/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 2.93% . The overall trading delta to current closing price is 100.00% . |
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 Finnovate Acquisition to competition
Finnovate Acquisition 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 Finnovate Acquisition stock to make a market-neutral strategy. Peer analysis of Finnovate Acquisition could also be used in its relative valuation, which is a method of valuing Finnovate Acquisition by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Finnovate Acquisition Market Strength Events
Market strength indicators help investors to evaluate how Finnovate Acquisition stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Finnovate Acquisition shares will generate the highest return on investment. By undertsting and applying Finnovate Acquisition stock market strength indicators, traders can identify Finnovate Acquisition Corp entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0338 | |||
| Daily Balance Of Power | (0.86) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 0.0204 | |||
| Day Typical Price | 0.0202 | |||
| Market Facilitation Index | 7.0E-4 | |||
| Price Action Indicator | (0.0006) | |||
| Period Momentum Indicator | (0.0006) | |||
| Relative Strength Index | 50.77 |
Finnovate Acquisition Risk Indicators
The analysis of Finnovate Acquisition'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 Finnovate Acquisition's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting finnovate 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 | 27.02 | |||
| Semi Deviation | 23.01 | |||
| Standard Deviation | 51.59 | |||
| Variance | 2661.89 | |||
| Downside Variance | 1070.93 | |||
| Semi Variance | 529.24 | |||
| Expected Short fall | (44.50) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Finnovate Stock Analysis
When running Finnovate Acquisition's price analysis, check to measure Finnovate Acquisition'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 Finnovate Acquisition is operating at the current time. Most of Finnovate Acquisition's value examination focuses on studying past and present price action to predict the probability of Finnovate Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Finnovate Acquisition's price. Additionally, you may evaluate how the addition of Finnovate Acquisition to your portfolios can decrease your overall portfolio volatility.