Evofem Biosciences OTC Stock Forecast - Relative Strength Index
| EVFMDDelisted Stock | 0.64 0.05 8.47% |
Evofem |
| Previous Relative Strength Index | Relative Strength Index | Trend |
| 33.28 | 33.28 |
| Check Evofem Biosciences Volatility | Backtest Evofem Biosciences | Information Ratio |
Evofem Biosciences Trading Date Momentum
| On November 30 2024 Evofem Biosciences was traded for 0.64 at the closing time. The highest daily price throughout the period was 0.70 and the lowest price was 0.59 . There was no trading activity during the period 0.0. Lack of trading volume on 11/30/2024 did not affect price variability. The overall trading delta to current closing price is 7.81% . |
Evofem Biosciences 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 Evofem Biosciences otc stock to make a market-neutral strategy. Peer analysis of Evofem Biosciences could also be used in its relative valuation, which is a method of valuing Evofem Biosciences by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Evofem Biosciences Market Strength Events
Market strength indicators help investors to evaluate how Evofem Biosciences otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Evofem Biosciences shares will generate the highest return on investment. By undertsting and applying Evofem Biosciences otc stock market strength indicators, traders can identify Evofem Biosciences entry and exit signals to maximize returns.
Evofem Biosciences Risk Indicators
The analysis of Evofem Biosciences' 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 Evofem Biosciences' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting evofem otc 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 | 7.94 | |||
| Standard Deviation | 11.2 | |||
| Variance | 125.5 |
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.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Other Consideration for investing in Evofem OTC Stock
If you are still planning to invest in Evofem Biosciences check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Evofem Biosciences' history and understand the potential risks before investing.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |