Biodexa Pharmaceticals Stock Forecast - Rate Of Daily Change

BDRX Stock   4.57  0.17  3.86%   
Biodexa Stock Forecast is based on your current time horizon.
  
Inventory Turnover is likely to rise to -4.82 in 2024. Payables Turnover is likely to drop to 9.35 in 2024. Common Stock Shares Outstanding is likely to rise to about 33.2 K in 2024, whereas Net Loss is likely to drop (6.6 M) in 2024.
Biodexa Pharmaceticals has current Rate Of Daily Change of 1.04. Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Biodexa Pharmaceticals.
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Biodexa Pharmaceticals Trading Date Momentum

On November 22 2024 Biodexa Pharmaceticals was traded for  4.57  at the closing time. The top price for the day was 4.97  and the lowest listed price was  4.20 . The trading volume for the day was 226.4 K. The trading history from November 22, 2024 did not affect price variability. The overall trading delta against the current closing price is 6.35% .
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 Biodexa Pharmaceticals

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

Biodexa Pharmaceticals 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 Biodexa Pharmaceticals stock to make a market-neutral strategy. Peer analysis of Biodexa Pharmaceticals could also be used in its relative valuation, which is a method of valuing Biodexa Pharmaceticals by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Biodexa Pharmaceticals 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 Biodexa Pharmaceticals' 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 Biodexa Pharmaceticals' current price.

Biodexa Pharmaceticals Market Strength Events

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

Biodexa Pharmaceticals Risk Indicators

The analysis of Biodexa Pharmaceticals' 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 Biodexa Pharmaceticals' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting biodexa 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.

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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 Biodexa Stock Analysis

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