Tevogen Bio Stock Forecast - Accumulation Distribution
| TVGN Stock | 1.31 0.06 4.38% |
Tevogen Stock Forecast is based on your current time horizon. Although Tevogen Bio's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Tevogen Bio's systematic risk associated with finding meaningful patterns of Tevogen Bio fundamentals over time.
Tevogen |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 114100.0 | 88602.31 |
| Check Tevogen Bio Volatility | Backtest Tevogen Bio | Information Ratio |
Tevogen Bio Trading Date Momentum
| On November 29 2024 Tevogen Bio Holdings was traded for 1.31 at the closing time. The top price for the day was 1.39 and the lowest listed price was 1.28 . The trading volume for the day was 1.1 M. The trading history from November 29, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 6.11% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Tevogen Bio to competition |
Other Forecasting Options for Tevogen Bio
For every potential investor in Tevogen, whether a beginner or expert, Tevogen Bio's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Tevogen Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Tevogen. Basic forecasting techniques help filter out the noise by identifying Tevogen Bio's price trends.Tevogen Bio 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 Tevogen Bio stock to make a market-neutral strategy. Peer analysis of Tevogen Bio could also be used in its relative valuation, which is a method of valuing Tevogen Bio by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Tevogen Bio Holdings 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 Tevogen Bio'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 Tevogen Bio's current price.| Cycle Indicators | ||
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| Volume Indicators |
Tevogen Bio Market Strength Events
Market strength indicators help investors to evaluate how Tevogen Bio stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tevogen Bio shares will generate the highest return on investment. By undertsting and applying Tevogen Bio stock market strength indicators, traders can identify Tevogen Bio Holdings entry and exit signals to maximize returns.
| Accumulation Distribution | 88602.31 | |||
| Daily Balance Of Power | (0.55) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 1.34 | |||
| Day Typical Price | 1.33 | |||
| Price Action Indicator | (0.06) | |||
| Period Momentum Indicator | (0.06) | |||
| Relative Strength Index | 38.47 |
Tevogen Bio Risk Indicators
The analysis of Tevogen Bio'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 Tevogen Bio's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tevogen 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.
| Mean Deviation | 13.39 | |||
| Semi Deviation | 8.84 | |||
| Standard Deviation | 26.76 | |||
| Variance | 716.16 | |||
| Downside Variance | 107.22 | |||
| Semi Variance | 78.17 | |||
| Expected Short fall | (20.35) |
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 Tevogen Bio
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 Tevogen Bio 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 Tevogen Bio will appreciate offsetting losses from the drop in the long position's value.Moving together with Tevogen Stock
Moving against Tevogen Stock
| 0.84 | ELAN | Elanco Animal Health | PairCorr |
| 0.7 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.69 | TAK | Takeda Pharmaceutical | PairCorr |
| 0.67 | HLN | Haleon plc | PairCorr |
| 0.57 | ZTS | Zoetis Inc | PairCorr |
The ability to find closely correlated positions to Tevogen Bio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tevogen Bio 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 Tevogen Bio - 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 Tevogen Bio Holdings to buy it.
The correlation of Tevogen Bio 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 Tevogen Bio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tevogen Bio Holdings 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 Tevogen Bio 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.Check out Historical Fundamental Analysis of Tevogen Bio to cross-verify your projections. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Biotechnology 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 Tevogen Bio. If investors know Tevogen 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 Tevogen Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (0.83) |
The market value of Tevogen Bio Holdings is measured differently than its book value, which is the value of Tevogen that is recorded on the company's balance sheet. Investors also form their own opinion of Tevogen Bio's value that differs from its market value or its book value, called intrinsic value, which is Tevogen Bio'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 Tevogen Bio's market value can be influenced by many factors that don't directly affect Tevogen Bio'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 Tevogen Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tevogen Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tevogen Bio'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.