Akoya Biosciences Stock Forecast - Price Action Indicator
| AKYA Stock | USD 3.21 0.02 0.63% |
Akoya Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Akoya Biosciences stock prices and determine the direction of Akoya Biosciences's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Akoya Biosciences' historical fundamentals, such as revenue growth or operating cash flow patterns.
Akoya |
Open Interest Against 2024-11-15 Akoya Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Akoya Biosciences' 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 Akoya Biosciences' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Akoya Biosciences 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 Akoya Biosciences' open interest, investors have to compare it to Akoya Biosciences' 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 Akoya Biosciences 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 Akoya. 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.
| Check Akoya Biosciences Volatility | Backtest Akoya Biosciences | Information Ratio |
Akoya Biosciences Trading Date Momentum
| On November 13 2024 Akoya Biosciences was traded for 3.21 at the closing time. The top price for the day was 3.26 and the lowest listed price was 3.18 . The trading volume for the day was 75.8 K. The trading history from November 13, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.93% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Akoya Biosciences
For every potential investor in Akoya, whether a beginner or expert, Akoya Biosciences' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Akoya Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Akoya. Basic forecasting techniques help filter out the noise by identifying Akoya Biosciences' price trends.Akoya Biosciences 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 Akoya Biosciences stock to make a market-neutral strategy. Peer analysis of Akoya Biosciences could also be used in its relative valuation, which is a method of valuing Akoya Biosciences by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Akoya Biosciences 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 Akoya Biosciences' 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 Akoya Biosciences' current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volume Indicators |
Akoya Biosciences Market Strength Events
Market strength indicators help investors to evaluate how Akoya Biosciences stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Akoya Biosciences shares will generate the highest return on investment. By undertsting and applying Akoya Biosciences stock market strength indicators, traders can identify Akoya Biosciences entry and exit signals to maximize returns.
| Accumulation Distribution | 1859.73 | |||
| Daily Balance Of Power | 0.25 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 3.22 | |||
| Day Typical Price | 3.22 | |||
| Period Momentum Indicator | 0.02 | |||
| Relative Strength Index | 49.71 |
Akoya Biosciences Risk Indicators
The analysis of Akoya Biosciences' 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 Akoya Biosciences' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting akoya 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 | 3.77 | |||
| Semi Deviation | 3.1 | |||
| Standard Deviation | 4.86 | |||
| Variance | 23.61 | |||
| Downside Variance | 11.46 | |||
| Semi Variance | 9.63 | |||
| Expected Short fall | (5.04) |
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.When determining whether Akoya Biosciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Akoya Biosciences' 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 Akoya Biosciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Akoya Biosciences Stock:Check out Historical Fundamental Analysis of Akoya Biosciences to cross-verify your projections. For information on how to trade Akoya Stock refer to our How to Trade Akoya Stock guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Health Care Equipment & Supplies space 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 Akoya Biosciences. If investors know Akoya 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 Akoya Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.17) | Revenue Per Share 1.889 | Quarterly Revenue Growth (0.01) | Return On Assets (0.18) | Return On Equity (1.28) |
The market value of Akoya Biosciences is measured differently than its book value, which is the value of Akoya that is recorded on the company's balance sheet. Investors also form their own opinion of Akoya Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Akoya Biosciences' 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 Akoya Biosciences' market value can be influenced by many factors that don't directly affect Akoya Biosciences' 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 Akoya Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Akoya Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akoya Biosciences' 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.