Revance Stock Forecast - Accumulation Distribution
| RVNC Stock | USD 3.40 0.11 3.34% |
Revance Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Revance stock prices and determine the direction of Revance's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Revance's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Revance's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Revance's systematic risk associated with finding meaningful patterns of Revance fundamentals over time.
Check out Historical Fundamental Analysis of Revance to cross-verify your projections. Revance |
Open Interest Against 2024-05-17 Revance Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Revance'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 Revance's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Revance 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 Revance's open interest, investors have to compare it to Revance'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 Revance 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 Revance. 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 Revance 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 Revance's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Revance's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Revance is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Revance to determine if accumulation or reduction is taking place in the market. This value is adjusted by Revance trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 224190.0 | 0.0983 |
| Check Revance Volatility | Backtest Revance | Information Ratio |
Revance Trading Date Momentum
| On April 30 2024 Revance was traded for 3.40 at the closing time. The top price for the day was 3.56 and the lowest listed price was 3.21 . There was no trading activity during the period 0.0. Lack of trading volume on April 30, 2024 did not cause price change. The trading delta at closing time against the current closing price is 1.18% . |
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 Revance to competition |
Other Forecasting Options for Revance
For every potential investor in Revance, whether a beginner or expert, Revance's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Revance Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Revance. Basic forecasting techniques help filter out the noise by identifying Revance's price trends.Revance 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 Revance stock to make a market-neutral strategy. Peer analysis of Revance could also be used in its relative valuation, which is a method of valuing Revance by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Revance 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 Revance'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 Revance's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Revance Market Strength Events
Market strength indicators help investors to evaluate how Revance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Revance shares will generate the highest return on investment. By undertsting and applying Revance stock market strength indicators, traders can identify Revance entry and exit signals to maximize returns.
Revance Risk Indicators
The analysis of Revance'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 Revance's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting revance 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 | 4.06 | |||
| Standard Deviation | 5.95 | |||
| Variance | 35.35 |
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 Revance 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, Revance's short interest history, or implied volatility extrapolated from Revance options trading.
Currently Active Assets on Macroaxis
When determining whether Revance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Revance's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Revance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Revance Stock:Check out Historical Fundamental Analysis of Revance to cross-verify your projections. For information on how to trade Revance Stock refer to our How to Trade Revance Stock guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Revance Stock analysis
When running Revance's price analysis, check to measure Revance'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 Revance is operating at the current time. Most of Revance's value examination focuses on studying past and present price action to predict the probability of Revance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Revance's price. Additionally, you may evaluate how the addition of Revance to your portfolios can decrease your overall portfolio volatility.
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Is Revance'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 Revance. If investors know Revance 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 Revance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.83) | Revenue Per Share 2.766 | Quarterly Revenue Growth 0.398 | Return On Assets (0.26) | Return On Equity (20.97) |
The market value of Revance is measured differently than its book value, which is the value of Revance that is recorded on the company's balance sheet. Investors also form their own opinion of Revance's value that differs from its market value or its book value, called intrinsic value, which is Revance'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 Revance's market value can be influenced by many factors that don't directly affect Revance'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 Revance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Revance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Revance'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.