Oncolytics Biotech Stock Forecast - Relative Strength Index

ONCY Stock  USD 0.93  0.02  2.11%   
Oncolytics Stock Forecast is based on your current time horizon.
  
At this time, Oncolytics Biotech's Receivables Turnover is fairly stable compared to the past year. Fixed Asset Turnover is likely to rise to 11.20 in 2024, whereas Inventory Turnover is likely to drop 126.62 in 2024. . Common Stock Shares Outstanding is likely to rise to about 71 M in 2024, despite the fact that Net Loss is likely to grow to (21.2 M).
Oncolytics Biotech has current Relative Strength Index of 40.19.
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Oncolytics Biotech Trading Date Momentum

On November 27 2024 Oncolytics Biotech was traded for  0.93  at the closing time. The top price for the day was 0.97  and the lowest listed price was  0.91 . The trading volume for the day was 154 K. The trading history from November 27, 2024 did not cause price change. The trading delta at closing time against the current closing price is 3.23% .
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Other Forecasting Options for Oncolytics Biotech

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

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 Risk & Return  Correlation

Oncolytics Biotech 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 Oncolytics Biotech'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 Oncolytics Biotech's current price.

Oncolytics Biotech Market Strength Events

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

Oncolytics Biotech Risk Indicators

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

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Additional Tools for Oncolytics Stock Analysis

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