GlycoMimetics Stock Forecast - Accumulation Distribution
GLYC Stock | USD 0.32 0.03 10.34% |
GlycoMimetics Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast GlycoMimetics stock prices and determine the direction of GlycoMimetics's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of GlycoMimetics' historical fundamentals, such as revenue growth or operating cash flow patterns.
GlycoMimetics |
Previous Accumulation Distribution | Accumulation Distribution | Trend |
839641.0 | 177724.0 |
Check GlycoMimetics Volatility | Backtest GlycoMimetics | Information Ratio |
GlycoMimetics Trading Date Momentum
On November 26 2024 GlycoMimetics was traded for 0.32 at the closing time. The top price for the day was 0.34 and the lowest listed price was 0.29 . The trading volume for the day was 1.2 M. The trading history from November 26, 2024 did not cause price change. The overall trading delta against the current closing price is 6.25% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for GlycoMimetics
For every potential investor in GlycoMimetics, whether a beginner or expert, GlycoMimetics' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. GlycoMimetics Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in GlycoMimetics. Basic forecasting techniques help filter out the noise by identifying GlycoMimetics' price trends.GlycoMimetics 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 GlycoMimetics stock to make a market-neutral strategy. Peer analysis of GlycoMimetics could also be used in its relative valuation, which is a method of valuing GlycoMimetics by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
GlycoMimetics 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 GlycoMimetics' 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 GlycoMimetics' current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
GlycoMimetics Market Strength Events
Market strength indicators help investors to evaluate how GlycoMimetics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GlycoMimetics shares will generate the highest return on investment. By undertsting and applying GlycoMimetics stock market strength indicators, traders can identify GlycoMimetics entry and exit signals to maximize returns.
Accumulation Distribution | 177724.0 | |||
Daily Balance Of Power | 0.6 | |||
Rate Of Daily Change | 1.1 | |||
Day Median Price | 0.32 | |||
Day Typical Price | 0.32 | |||
Price Action Indicator | 0.02 | |||
Period Momentum Indicator | 0.03 |
GlycoMimetics Risk Indicators
The analysis of GlycoMimetics' 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 GlycoMimetics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting glycomimetics 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 | 7.49 | |||
Semi Deviation | 4.49 | |||
Standard Deviation | 23.82 | |||
Variance | 567.39 | |||
Downside Variance | 52.83 | |||
Semi Variance | 20.13 | |||
Expected Short fall | (18.51) |
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 GlycoMimetics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GlycoMimetics' 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 Glycomimetics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Glycomimetics Stock:Check out Historical Fundamental Analysis of GlycoMimetics to cross-verify your projections. For information on how to trade GlycoMimetics Stock refer to our How to Trade GlycoMimetics Stock guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Biotechnology 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 GlycoMimetics. If investors know GlycoMimetics 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 GlycoMimetics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.62) | Quarterly Revenue Growth (1.00) | Return On Assets (0.59) | Return On Equity (1.04) |
The market value of GlycoMimetics is measured differently than its book value, which is the value of GlycoMimetics that is recorded on the company's balance sheet. Investors also form their own opinion of GlycoMimetics' value that differs from its market value or its book value, called intrinsic value, which is GlycoMimetics' 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 GlycoMimetics' market value can be influenced by many factors that don't directly affect GlycoMimetics' 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 GlycoMimetics' value and its price as these two are different measures arrived at by different means. Investors typically determine if GlycoMimetics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GlycoMimetics' 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.