Incyte Stock Forecast - Accumulation Distribution

INCY Stock  USD 81.53  1.85  2.22%   
Incyte Stock Forecast is based on your current time horizon.
  
At this time, Incyte's Inventory Turnover is fairly stable compared to the past year. Payables Turnover is likely to rise to 2.44 in 2024, whereas Asset Turnover is likely to drop 0.32 in 2024. . Net Income Applicable To Common Shares is likely to rise to about 411.3 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 130.7 M in 2024.
On August 30, 2024 Incyte had Accumulation Distribution of 51480.55. The accumulation distribution (A/D) indicator shows the degree to which Incyte is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Incyte to determine if accumulation or reduction is taking place in the market. This value is adjusted by Incyte trading volume to give more weight to distributions with higher volume over lower volume.
Check Incyte VolatilityBacktest IncyteTrend Details  

Incyte Trading Date Momentum

On September 03 2024 Incyte was traded for  66.31  at the closing time. The top price for the day was 67.09  and the lowest listed price was  65.26 . The trading volume for the day was 2 M. The trading history from September 3, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 0.99% . The trading delta at closing time against the current closing price is 1.16% .
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 Incyte to competition

Other Forecasting Options for Incyte

For every potential investor in Incyte, whether a beginner or expert, Incyte's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Incyte Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Incyte. Basic forecasting techniques help filter out the noise by identifying Incyte's price trends.

View Incyte Related Equities

 Risk & Return  Correlation

Incyte 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 Incyte'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 Incyte's current price.

Incyte Market Strength Events

Market strength indicators help investors to evaluate how Incyte stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Incyte shares will generate the highest return on investment. By undertsting and applying Incyte stock market strength indicators, traders can identify Incyte entry and exit signals to maximize returns.

Incyte Risk Indicators

The analysis of Incyte'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 Incyte's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting incyte 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.
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.

Additional Tools for Incyte Stock Analysis

When running Incyte's price analysis, check to measure Incyte'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 Incyte is operating at the current time. Most of Incyte's value examination focuses on studying past and present price action to predict the probability of Incyte's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Incyte's price. Additionally, you may evaluate how the addition of Incyte to your portfolios can decrease your overall portfolio volatility.