Guardant Health Stock Forecast - Daily Balance Of Power
| GH Stock | USD 16.07 0.60 3.60% |
Guardant Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Guardant Health stock prices and determine the direction of Guardant Health's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Guardant Health's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Guardant Health's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Guardant Health's systematic risk associated with finding meaningful patterns of Guardant Health fundamentals over time.
Check out Historical Fundamental Analysis of Guardant Health to cross-verify your projections. Guardant |
Open Interest Against 2024-05-17 Guardant Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Guardant Health'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 Guardant Health's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Guardant Health 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 Guardant Health's open interest, investors have to compare it to Guardant Health'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 Guardant Health 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 Guardant. 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 Guardant Health 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 Guardant Health's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Guardant Health's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Guardant Health market sensitivity to bulls and bears. It estimates the ability of Guardant Health buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Guardant Health Balance of Power indicator one can determine a trend of the price direction.| Check Guardant Health Volatility | Backtest Guardant Health | Information Ratio |
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 Guardant Health to competition |
Other Forecasting Options for Guardant Health
For every potential investor in Guardant, whether a beginner or expert, Guardant Health's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Guardant Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Guardant. Basic forecasting techniques help filter out the noise by identifying Guardant Health's price trends.Guardant Health 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 Guardant Health stock to make a market-neutral strategy. Peer analysis of Guardant Health could also be used in its relative valuation, which is a method of valuing Guardant Health by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Guardant Health 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 Guardant Health'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 Guardant Health's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Guardant Health Market Strength Events
Market strength indicators help investors to evaluate how Guardant Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Guardant Health shares will generate the highest return on investment. By undertsting and applying Guardant Health stock market strength indicators, traders can identify Guardant Health entry and exit signals to maximize returns.
| Accumulation Distribution | 108271.0 | |||
| Daily Balance Of Power | (0.61) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 16.3 | |||
| Day Typical Price | 16.22 | |||
| Price Action Indicator | (0.53) | |||
| Period Momentum Indicator | (0.60) |
Guardant Health Risk Indicators
The analysis of Guardant Health'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 Guardant Health's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting guardant 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 | 2.82 | |||
| Standard Deviation | 3.98 | |||
| Variance | 15.88 |
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.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Guardant Health to cross-verify your projections. For more detail on how to invest in Guardant Stock please use our How to Invest in Guardant Health guide.Note that the Guardant Health information on this page should be used as a complementary analysis to other Guardant Health's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for Guardant Stock analysis
When running Guardant Health's price analysis, check to measure Guardant Health'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 Guardant Health is operating at the current time. Most of Guardant Health's value examination focuses on studying past and present price action to predict the probability of Guardant Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guardant Health's price. Additionally, you may evaluate how the addition of Guardant Health to your portfolios can decrease your overall portfolio volatility.
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Is Guardant Health'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 Guardant Health. If investors know Guardant 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 Guardant Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.28) | Revenue Per Share 5.036 | Quarterly Revenue Growth 0.222 | Return On Assets (0.18) | Return On Equity (4.38) |
The market value of Guardant Health is measured differently than its book value, which is the value of Guardant that is recorded on the company's balance sheet. Investors also form their own opinion of Guardant Health's value that differs from its market value or its book value, called intrinsic value, which is Guardant Health'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 Guardant Health's market value can be influenced by many factors that don't directly affect Guardant Health'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 Guardant Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guardant Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guardant Health'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.