Durect Stock Forecast - Maximum Drawdown

DRRX Stock  USD 0.91  0.03  3.19%   
Durect Stock Forecast is based on your current time horizon.
  
At this time, Durect's Inventory Turnover is fairly stable compared to the past year. Receivables Turnover is likely to rise to 8.09 in 2024, whereas Payables Turnover is likely to drop 0.92 in 2024. . Common Stock Shares Outstanding is likely to rise to about 27.8 M in 2024, despite the fact that Net Loss is likely to grow to (30.2 M).
Durect has current Maximum Drawdown of 0.
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Durect Trading Date Momentum

On November 28 2024 Durect was traded for  0.91  at the closing time. The top price for the day was 0.97  and the lowest listed price was  0.91 . There was no trading activity during the period 0.0. Lack of trading volume on November 28, 2024 did not affect price variability. The overall trading delta against the current closing price is 2.20% .
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Other Forecasting Options for Durect

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

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 Risk & Return  Correlation

Durect 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 Durect'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 Durect's current price.

Durect Market Strength Events

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

Durect Risk Indicators

The analysis of Durect'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 Durect's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting durect 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 Durect Stock Analysis

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