Nyxoah Stock Forecast - Price Action Indicator

NYXH Stock  USD 8.28  0.07  0.85%   
Nyxoah Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Nyxoah's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, Nyxoah's Asset Turnover is increasing as compared to previous years. . The current Common Stock Shares Outstanding is estimated to decrease to about 25 M. The Nyxoah's current Net Loss is estimated to increase to about (26.7 M).
Nyxoah has current Price Action Indicator of 0.065. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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Nyxoah Trading Date Momentum

On November 22 2024 Nyxoah was traded for  8.28  at the closing time. The top price for the day was 8.44  and the lowest listed price was  8.06 . There was no trading activity during the period 0.0. Lack of trading volume on November 22, 2024 did not cause price change. The trading delta at closing time against the current closing price is 1.45% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Nyxoah

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

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

Nyxoah 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 Nyxoah'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 Nyxoah's current price.

Nyxoah Market Strength Events

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

Nyxoah Risk Indicators

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

Currently Active Assets on Macroaxis

When determining whether Nyxoah offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nyxoah's 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 Nyxoah Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nyxoah Stock:
Check out Historical Fundamental Analysis of Nyxoah to cross-verify your projections.
For more detail on how to invest in Nyxoah Stock please use our How to Invest in Nyxoah guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Health Care Equipment & Supplies 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 Nyxoah. If investors know Nyxoah 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 Nyxoah listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.82)
Revenue Per Share
0.166
Quarterly Revenue Growth
0.297
Return On Assets
(0.23)
Return On Equity
(0.50)
The market value of Nyxoah is measured differently than its book value, which is the value of Nyxoah that is recorded on the company's balance sheet. Investors also form their own opinion of Nyxoah's value that differs from its market value or its book value, called intrinsic value, which is Nyxoah's 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 Nyxoah's market value can be influenced by many factors that don't directly affect Nyxoah's 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 Nyxoah's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nyxoah is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nyxoah's 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.