Cara Therapeutic Stock Forecast - Daily Balance Of Power
| CARA Stock | USD 0.68 0.02 2.86% |
Cara Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Cara Therapeutic stock prices and determine the direction of Cara Therapeutic's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Cara Therapeutic's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Cara Therapeutic's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Cara Therapeutic's systematic risk associated with finding meaningful patterns of Cara Therapeutic fundamentals over time.
Check out Historical Fundamental Analysis of Cara Therapeutic to cross-verify your projections. Cara |
Open Interest Against 2024-05-17 Cara Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Cara Therapeutic's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Cara Therapeutic's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Cara Therapeutic stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Cara Therapeutic's open interest, investors have to compare it to Cara Therapeutic's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Cara Therapeutic is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Cara. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Cara Therapeutic 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 Cara Therapeutic's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Cara Therapeutic's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Cara Therapeutic market sensitivity to bulls and bears. It estimates the ability of Cara Therapeutic buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Cara Therapeutic Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.20) | (0.40) |
| Check Cara Therapeutic Volatility | Backtest Cara Therapeutic | Information Ratio |
Cara Therapeutic Trading Date Momentum
| On April 29 2024 Cara Therapeutic was traded for 0.68 at the closing time. The top price for the day was 0.73 and the lowest listed price was 0.68 . There was no trading activity during the period 0.0. Lack of trading volume on April 29, 2024 did not affect price variability. The overall trading delta against the current closing price is 1.47% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Cara Therapeutic to competition |
Other Forecasting Options for Cara Therapeutic
For every potential investor in Cara, whether a beginner or expert, Cara Therapeutic's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Cara Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Cara. Basic forecasting techniques help filter out the noise by identifying Cara Therapeutic's price trends.Cara Therapeutic 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 Cara Therapeutic stock to make a market-neutral strategy. Peer analysis of Cara Therapeutic could also be used in its relative valuation, which is a method of valuing Cara Therapeutic by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Cara Therapeutic 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 Cara Therapeutic'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 Cara Therapeutic's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Cara Therapeutic Market Strength Events
Market strength indicators help investors to evaluate how Cara Therapeutic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cara Therapeutic shares will generate the highest return on investment. By undertsting and applying Cara Therapeutic stock market strength indicators, traders can identify Cara Therapeutic entry and exit signals to maximize returns.
Cara Therapeutic Risk Indicators
The analysis of Cara Therapeutic'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 Cara Therapeutic's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cara 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 | 5.53 | |||
| Semi Deviation | 5.56 | |||
| Standard Deviation | 7.09 | |||
| Variance | 50.23 | |||
| Downside Variance | 39.2 | |||
| Semi Variance | 30.94 | |||
| Expected Short fall | (6.91) |
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 Cara Therapeutic 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, Cara Therapeutic's short interest history, or implied volatility extrapolated from Cara Therapeutic options trading.
Pair Trading with Cara Therapeutic
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 Cara Therapeutic 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 Cara Therapeutic will appreciate offsetting losses from the drop in the long position's value.Moving together with Cara Stock
| 0.73 | BMY | Bristol Myers Squibb | PairCorr |
| 0.63 | CICHF | China Construction Bank | PairCorr |
The ability to find closely correlated positions to Cara Therapeutic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cara Therapeutic 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 Cara Therapeutic - 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 Cara Therapeutic to buy it.
The correlation of Cara Therapeutic 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 Cara Therapeutic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cara Therapeutic 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 Cara Therapeutic 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 Cara Therapeutic to cross-verify your projections. For information on how to trade Cara Stock refer to our How to Trade Cara Stock guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Cara Stock analysis
When running Cara Therapeutic's price analysis, check to measure Cara Therapeutic'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 Cara Therapeutic is operating at the current time. Most of Cara Therapeutic's value examination focuses on studying past and present price action to predict the probability of Cara Therapeutic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cara Therapeutic's price. Additionally, you may evaluate how the addition of Cara Therapeutic to your portfolios can decrease your overall portfolio volatility.
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Is Cara Therapeutic's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cara Therapeutic. If investors know Cara will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cara Therapeutic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.19) | Revenue Per Share 0.387 | Quarterly Revenue Growth (0.08) | Return On Assets (0.49) | Return On Equity (1.10) |
The market value of Cara Therapeutic is measured differently than its book value, which is the value of Cara that is recorded on the company's balance sheet. Investors also form their own opinion of Cara Therapeutic's value that differs from its market value or its book value, called intrinsic value, which is Cara Therapeutic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cara Therapeutic's market value can be influenced by many factors that don't directly affect Cara Therapeutic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cara Therapeutic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cara Therapeutic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cara Therapeutic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.