Evaxion Biotech Stock Forecast - Day Median Price

EVAX Stock  USD 1.66  0.09  5.73%   
Evaxion Stock Forecast is based on your current time horizon.
  
Inventory Turnover is likely to drop to -0.22 in 2024. Payables Turnover is likely to drop to 0.00004 in 2024. Common Stock Shares Outstanding is likely to rise to about 3.2 M in 2024, whereas Net Loss is likely to drop (23.2 M) in 2024.
Evaxion Biotech AS has current Day Median Price of 1.64. Median Price is the statistical median of an asset price for a given trading period.
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Evaxion Biotech Trading Date Momentum

On December 01 2024 Evaxion Biotech AS was traded for  1.66  at the closing time. The top price for the day was 1.71  and the lowest listed price was  1.56 . There was no trading activity during the period 0.0. Lack of trading volume on December 1, 2024 did not affect price variability. The overall trading delta against the current closing price is 6.02% .
The median price is the midpoint of the trading periods range.
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Other Forecasting Options for Evaxion Biotech

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

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

Evaxion Biotech AS 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 Evaxion Biotech'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 Evaxion Biotech's current price.

Evaxion Biotech Market Strength Events

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

Evaxion Biotech Risk Indicators

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

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