Bio Rad Stock Forecast - Daily Balance Of Power
| BIO-B Stock | USD 336.00 3.36 0.99% |
Bio Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Bio Rad stock prices and determine the direction of Bio Rad Laboratories's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Bio Rad's historical fundamentals, such as revenue growth or operating cash flow patterns.
Bio |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (1.00) | (1.00) |
| Check Bio Rad Volatility | Backtest Bio Rad | Information Ratio |
Bio Rad Trading Date Momentum
| On December 01 2024 Bio Rad Laboratories was traded for 336.00 at the closing time. The highest daily price throughout the period was 339.36 and the lowest price was 336.00 . There was no trading activity during the period 0.0. Lack of trading volume on 12/01/2024 did not affect price variability. The overall trading delta to current closing price is 1.00% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Bio Rad 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 Bio Rad stock to make a market-neutral strategy. Peer analysis of Bio Rad could also be used in its relative valuation, which is a method of valuing Bio Rad by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Bio Rad Market Strength Events
Market strength indicators help investors to evaluate how Bio Rad stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bio Rad shares will generate the highest return on investment. By undertsting and applying Bio Rad stock market strength indicators, traders can identify Bio Rad Laboratories entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0099 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 337.68 | |||
| Day Typical Price | 337.12 | |||
| Market Facilitation Index | 3.36 | |||
| Price Action Indicator | (3.36) | |||
| Period Momentum Indicator | (3.36) | |||
| Relative Strength Index | 34.09 |
Bio Rad Risk Indicators
The analysis of Bio Rad'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 Bio Rad's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bio 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 | 1.29 | |||
| Semi Deviation | 2.54 | |||
| Standard Deviation | 2.96 | |||
| Variance | 8.76 | |||
| Downside Variance | 37.03 | |||
| Semi Variance | 6.45 | |||
| Expected Short fall | (2.87) |
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 Bio Rad Laboratories offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bio Rad's 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 Bio Rad Laboratories Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bio Rad Laboratories Stock:Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.