Guided Therapeutics OTC Stock Forecast - Rate Of Daily Change

GTHP Stock  USD 0.19  0.03  18.75%   
Guided OTC Stock Forecast is based on your current time horizon.
  
Guided Therapeutics has current Rate Of Daily Change of 1.19. Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Guided Therapeutics.
Check Guided Therapeutics VolatilityBacktest Guided TherapeuticsInformation Ratio  

Guided Therapeutics Trading Date Momentum

On November 30 2024 Guided Therapeutics was traded for  0.19  at the closing time. The top price for the day was 0.19  and the lowest listed price was  0.19 . There was no trading activity during the period 0.0. Lack of trading volume on November 30, 2024 did not cause price change. The overall trading delta against the current closing price is 0.00% .
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for Guided Therapeutics

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

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

Guided Therapeutics Technical and Predictive Analytics

The otc stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Guided Therapeutics' 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 Guided Therapeutics' current price.

Guided Therapeutics Market Strength Events

Market strength indicators help investors to evaluate how Guided Therapeutics 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 Guided Therapeutics shares will generate the highest return on investment. By undertsting and applying Guided Therapeutics otc stock market strength indicators, traders can identify Guided Therapeutics entry and exit signals to maximize returns.

Guided Therapeutics Risk Indicators

The analysis of Guided Therapeutics' 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 Guided Therapeutics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting guided 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.
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 Guided Therapeutics

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 Guided Therapeutics 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 Guided Therapeutics will appreciate offsetting losses from the drop in the long position's value.

Moving against Guided OTC Stock

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  0.44PHG Koninklijke PhilipsPairCorr
  0.42SCTSF Scottie Resources CorpPairCorr
The ability to find closely correlated positions to Guided Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Guided Therapeutics 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 Guided Therapeutics - 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 Guided Therapeutics to buy it.
The correlation of Guided Therapeutics 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 Guided Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Guided Therapeutics 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 Guided Therapeutics 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.
Pair CorrelationCorrelation Matching

Additional Tools for Guided OTC Stock Analysis

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