NewAmsterdam Pharma Stock Forecast - Relative Strength Index

NAMS Stock   20.20  0.08  0.40%   
NewAmsterdam Stock Forecast is based on your current time horizon.
  
Receivables Turnover is likely to drop to 37.06 in 2024. Fixed Asset Turnover is likely to drop to 132.11 in 2024. Common Stock Shares Outstanding is likely to gain to about 86.3 M in 2024, whereas Net Loss is likely to drop (27 M) in 2024.
NewAmsterdam Pharma has current Relative Strength Index of 55.31.
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NewAmsterdam Pharma Trading Date Momentum

On November 23 2024 NewAmsterdam Pharma was traded for  20.20  at the closing time. The top price for the day was 20.20  and the lowest listed price was  20.12 . There was no trading activity during the period 0.0. Lack of trading volume on November 23, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.40% .
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Other Forecasting Options for NewAmsterdam Pharma

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

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

NewAmsterdam Pharma 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 NewAmsterdam Pharma'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 NewAmsterdam Pharma's current price.

NewAmsterdam Pharma Market Strength Events

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

NewAmsterdam Pharma Risk Indicators

The analysis of NewAmsterdam Pharma'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 NewAmsterdam Pharma's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting newamsterdam 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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for NewAmsterdam Stock Analysis

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