Akoya Biosciences Stock Forecast - Rate Of Daily Change

AKYA Stock  USD 2.11  0.01  0.47%   
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.
  
At present, Akoya Biosciences' Inventory Turnover is projected to slightly decrease based on the last few years of reporting. The current year's Fixed Asset Turnover is expected to grow to 6.93, whereas Payables Turnover is forecasted to decline to 2.24. . As of November 22, 2024, Common Stock Shares Outstanding is expected to decline to about 42.6 M. The current year's Net Loss is expected to grow to about (60.4 M).
Akoya Biosciences has current Rate Of Daily Change of 1.0. Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Akoya Biosciences.
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Akoya Biosciences Trading Date Momentum

On November 22 2024 Akoya Biosciences was traded for  2.11  at the closing time. The top price for the day was 2.21  and the lowest listed price was  2.11 . The trading volume for the day was 81.9 K. The trading history from November 22, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.95% .
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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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.

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.

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.
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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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
(1.16)
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.