Scilex Holding Stock Forecast - Rate Of Daily Change

SCLX Stock   0.52  0.03  5.45%   
Scilex Stock Forecast is based on your current time horizon.
  
At this time, Scilex Holding's Payables Turnover is fairly stable compared to the past year. Receivables Turnover is likely to rise to 1.96 in 2024, whereas Inventory Turnover is likely to drop 2.97 in 2024. . Common Stock Shares Outstanding is likely to drop to about 108.7 M in 2024. Net Loss is likely to drop to about (28.2 M) in 2024.
Scilex Holding has current Rate Of Daily Change of 0.95. Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Scilex Holding.
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Scilex Holding Trading Date Momentum

On November 23 2024 Scilex Holding was traded for  0.52  at the closing time. The top price for the day was 0.54  and the lowest listed price was  0.46 . There was no trading activity during the period 0.0. Lack of trading volume on November 23, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 3.85% .
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 Scilex Holding

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

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

Scilex Holding 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 Scilex Holding'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 Scilex Holding's current price.

Scilex Holding Market Strength Events

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

Scilex Holding Risk Indicators

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

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.

Additional Tools for Scilex Stock Analysis

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