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 |
5038.19 | 41626.73 |
Check ABIOMED Volatility | Backtest ABIOMED | Trend Details |
ABIOMED Trading Date Momentum
On December 22 2022 ABIOMED was traded for 381.02 at the closing time. The top price for the day was 381.02 and the lowest listed price was 381.02 . There was no trading activity during the period 1.0. Lack of trading volume on December 22, 2022 did not affect price variability. The overall trading delta against the current closing price is 100.00% . |
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 ABIOMED to competition
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 |
ABIOMED Risk Indicators
The analysis of ABIOMED'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 ABIOMED's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting abiomed 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 | 0.1065 | |||
Standard Deviation | 0.1831 | |||
Variance | 0.0335 | |||
Downside Variance | 0.0129 | |||
Semi Variance | (0.04) | |||
Expected Short fall | (0.18) |
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.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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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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