Ekso Bionics Stock Forecast - Day Median Price
| EKSO Stock | USD 0.70 0.04 6.06% |
Ekso Stock Forecast is based on your current time horizon. Although Ekso Bionics' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Ekso Bionics' systematic risk associated with finding meaningful patterns of Ekso Bionics fundamentals over time.
Ekso |
| Previous Day Median Price | Day Median Price | Trend |
| 0.69 | 0.69 |
| Check Ekso Bionics Volatility | Backtest Ekso Bionics | Information Ratio |
Ekso Bionics Trading Date Momentum
| On November 29 2024 Ekso Bionics Holdings was traded for 0.70 at the closing time. The top price for the day was 0.71 and the lowest listed price was 0.66 . The trading volume for the day was 92 K. The trading history from November 29, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.00% . |
The median price is the midpoint of the trading periods range.
| Compare Ekso Bionics to competition |
Other Forecasting Options for Ekso Bionics
For every potential investor in Ekso, whether a beginner or expert, Ekso Bionics' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Ekso Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Ekso. Basic forecasting techniques help filter out the noise by identifying Ekso Bionics' price trends.Ekso Bionics 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 Ekso Bionics stock to make a market-neutral strategy. Peer analysis of Ekso Bionics could also be used in its relative valuation, which is a method of valuing Ekso Bionics by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Ekso Bionics Holdings 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 Ekso Bionics' 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 Ekso Bionics' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Ekso Bionics Market Strength Events
Market strength indicators help investors to evaluate how Ekso Bionics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ekso Bionics shares will generate the highest return on investment. By undertsting and applying Ekso Bionics stock market strength indicators, traders can identify Ekso Bionics Holdings entry and exit signals to maximize returns.
Ekso Bionics Risk Indicators
The analysis of Ekso Bionics' 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 Ekso Bionics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ekso 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 | 2.65 | |||
| Standard Deviation | 3.78 | |||
| Variance | 14.3 |
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.
Pair Trading with Ekso Bionics
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ekso Bionics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ekso Bionics will appreciate offsetting losses from the drop in the long position's value.Moving together with Ekso Stock
Moving against Ekso Stock
| 0.9 | ELMD | Electromed | PairCorr |
| 0.89 | MD | Mednax Inc | PairCorr |
| 0.88 | VREX | Varex Imaging Corp | PairCorr |
| 0.83 | OM | Outset Medical | PairCorr |
| 0.79 | DOCS | Doximity | PairCorr |
The ability to find closely correlated positions to Ekso Bionics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ekso Bionics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ekso Bionics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ekso Bionics Holdings to buy it.
The correlation of Ekso Bionics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ekso Bionics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ekso Bionics Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ekso Bionics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Ekso Bionics to cross-verify your projections. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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 Ekso Bionics. If investors know Ekso 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 Ekso Bionics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.64) | Revenue Per Share 1.004 | Quarterly Revenue Growth (0.10) | Return On Assets (0.24) | Return On Equity (0.74) |
The market value of Ekso Bionics Holdings is measured differently than its book value, which is the value of Ekso that is recorded on the company's balance sheet. Investors also form their own opinion of Ekso Bionics' value that differs from its market value or its book value, called intrinsic value, which is Ekso Bionics' 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 Ekso Bionics' market value can be influenced by many factors that don't directly affect Ekso Bionics' 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 Ekso Bionics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ekso Bionics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ekso Bionics' 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.