Phathom Pharmaceuticals Stock Forecast - Day Typical Price
| PHAT Stock | USD 8.71 0.16 1.80% |
Phathom Stock Forecast is based on your current time horizon.
Phathom |
Open Interest Against 2024-12-20 Phathom Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Phathom Pharmaceuticals' 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 Phathom Pharmaceuticals' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Phathom Pharmaceuticals 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 Phathom Pharmaceuticals' open interest, investors have to compare it to Phathom Pharmaceuticals' 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 Phathom Pharmaceuticals 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 Phathom. 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.
| Previous Day Typical Price | Day Typical Price | Trend |
| 8.83 | 8.71 |
| Check Phathom Pharmaceuticals Volatility | Backtest Phathom Pharmaceuticals | Information Ratio |
Phathom Pharmaceuticals Trading Date Momentum
| On December 02 2024 Phathom Pharmaceuticals was traded for 8.71 at the closing time. The top price for the day was 8.91 and the lowest listed price was 8.51 . The trading volume for the day was 1.1 M. The trading history from December 2, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.92% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
| Compare Phathom Pharmaceuticals to competition |
Other Forecasting Options for Phathom Pharmaceuticals
For every potential investor in Phathom, whether a beginner or expert, Phathom Pharmaceuticals' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Phathom Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Phathom. Basic forecasting techniques help filter out the noise by identifying Phathom Pharmaceuticals' price trends.Phathom Pharmaceuticals 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 Phathom Pharmaceuticals stock to make a market-neutral strategy. Peer analysis of Phathom Pharmaceuticals could also be used in its relative valuation, which is a method of valuing Phathom Pharmaceuticals by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Phathom Pharmaceuticals 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 Phathom Pharmaceuticals' 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 Phathom Pharmaceuticals' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Phathom Pharmaceuticals Market Strength Events
Market strength indicators help investors to evaluate how Phathom Pharmaceuticals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Phathom Pharmaceuticals shares will generate the highest return on investment. By undertsting and applying Phathom Pharmaceuticals stock market strength indicators, traders can identify Phathom Pharmaceuticals entry and exit signals to maximize returns.
| Accumulation Distribution | 49864.69 | |||
| Daily Balance Of Power | (0.40) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 8.71 | |||
| Day Typical Price | 8.71 | |||
| Price Action Indicator | (0.08) | |||
| Period Momentum Indicator | (0.16) |
Phathom Pharmaceuticals Risk Indicators
The analysis of Phathom Pharmaceuticals' 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 Phathom Pharmaceuticals' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting phathom 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 | 3.76 | |||
| Standard Deviation | 5.81 | |||
| Variance | 33.81 |
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.
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Phathom Stock Analysis
When running Phathom Pharmaceuticals' price analysis, check to measure Phathom Pharmaceuticals' 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 Phathom Pharmaceuticals is operating at the current time. Most of Phathom Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Phathom Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phathom Pharmaceuticals' price. Additionally, you may evaluate how the addition of Phathom Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.