ABIOMED Stock Forecast - Accumulation Distribution
ABIOMED Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast ABIOMED stock prices and determine the direction of ABIOMED's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of ABIOMED's historical fundamentals, such as revenue growth or operating cash flow patterns.
ABIOMED |
Previous Accumulation Distribution | Accumulation Distribution | Trend |
852.67 | 2823.12 |
Check ABIOMED Volatility | Backtest ABIOMED | Trend Details |
ABIOMED Trading Date Momentum
On December 19 2022 ABIOMED was traded for 381.30 at the closing time. The top price for the day was 381.69 and the lowest listed price was 381.18 . The trading volume for the day was 1.4 M. The trading history from December 19, 2022 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 0.08% . The overall trading delta against the current closing price is 0.06% . |
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
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ABIOMED 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 ABIOMED stock to make a market-neutral strategy. Peer analysis of ABIOMED could also be used in its relative valuation, which is a method of valuing ABIOMED by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
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.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Other Consideration for investing in ABIOMED Stock
If you are still planning to invest in ABIOMED check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ABIOMED's history and understand the potential risks before investing.
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