Garuda Metalindo Stock Forecast - Accumulation Distribution
| BOLT Stock | IDR 765.00 5.00 0.65% |
Garuda Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Garuda Metalindo stock prices and determine the direction of Garuda Metalindo Tbk's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Garuda Metalindo's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Garuda Metalindo to cross-verify your projections. Garuda |
Most investors in Garuda Metalindo 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 Garuda Metalindo's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Garuda Metalindo's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Garuda Metalindo is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Garuda Metalindo Tbk to determine if accumulation or reduction is taking place in the market. This value is adjusted by Garuda Metalindo trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 1095.48 | 0.0129 |
| Check Garuda Metalindo Volatility | Backtest Garuda Metalindo | Information Ratio |
Garuda Metalindo Trading Date Momentum
| On May 06 2024 Garuda Metalindo Tbk was traded for 765.00 at the closing time. The highest price during the trading period was 775.00 and the lowest recorded bid was listed for 765.00 . There was no trading activity during the period 0.0. Lack of trading volume on May 6, 2024 did not cause price change. The overall trading delta to the current price is 0.65% . |
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 Garuda Metalindo to competition |
Other Forecasting Options for Garuda Metalindo
For every potential investor in Garuda, whether a beginner or expert, Garuda Metalindo's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Garuda Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Garuda. Basic forecasting techniques help filter out the noise by identifying Garuda Metalindo's price trends.Garuda Metalindo 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 Garuda Metalindo stock to make a market-neutral strategy. Peer analysis of Garuda Metalindo could also be used in its relative valuation, which is a method of valuing Garuda Metalindo by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Garuda Metalindo Tbk 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 Garuda Metalindo'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 Garuda Metalindo's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Garuda Metalindo Market Strength Events
Market strength indicators help investors to evaluate how Garuda Metalindo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Garuda Metalindo shares will generate the highest return on investment. By undertsting and applying Garuda Metalindo stock market strength indicators, traders can identify Garuda Metalindo Tbk entry and exit signals to maximize returns.
Garuda Metalindo Risk Indicators
The analysis of Garuda Metalindo'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 Garuda Metalindo's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting garuda 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 | 0.7168 | |||
| Semi Deviation | 1.31 | |||
| Standard Deviation | 1.35 | |||
| Variance | 1.83 | |||
| Downside Variance | 5.39 | |||
| Semi Variance | 1.72 | |||
| Expected Short fall | (1.10) |
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.
Pair Trading with Garuda Metalindo
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 Garuda Metalindo 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 Garuda Metalindo will appreciate offsetting losses from the drop in the long position's value.Moving together with Garuda Stock
| 0.65 | BBCA | Bank Central Asia | PairCorr |
| 0.73 | BMRI | Bank Mandiri Persero | PairCorr |
Moving against Garuda Stock
| 0.77 | BYAN | Bayan Resources Tbk | PairCorr |
| 0.74 | UNVR | Unilever Indonesia Tbk | PairCorr |
| 0.69 | ARTO | Bank Artos Indonesia | PairCorr |
| 0.41 | GIAA | Garuda Indonesia Persero | PairCorr |
The ability to find closely correlated positions to Garuda Metalindo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Garuda Metalindo 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 Garuda Metalindo - 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 Garuda Metalindo Tbk to buy it.
The correlation of Garuda Metalindo 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 Garuda Metalindo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Garuda Metalindo Tbk 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 Garuda Metalindo 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 Garuda Metalindo to cross-verify your projections. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Garuda Stock analysis
When running Garuda Metalindo's price analysis, check to measure Garuda Metalindo'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 Garuda Metalindo is operating at the current time. Most of Garuda Metalindo's value examination focuses on studying past and present price action to predict the probability of Garuda Metalindo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Garuda Metalindo's price. Additionally, you may evaluate how the addition of Garuda Metalindo to your portfolios can decrease your overall portfolio volatility.
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |