Angion Biomedica Stock Forecast - Market Facilitation Index
| ANGNDelisted Stock | USD 10.00 8.94 843.40% |
Angion Stock Forecast is based on your current time horizon.
Angion |
| Check Angion Biomedica Volatility | Backtest Angion Biomedica | Trend Details |
Angion Biomedica Trading Date Momentum
| On November 26 2024 Angion Biomedica Corp was traded for 10.00 at the closing time. The top price for the day was 10.00 and the lowest listed price was 10.00 . There was no trading activity during the period 0.0. Lack of trading volume on November 26, 2024 did not affect price variability. The overall trading delta against the current closing price is 89.40% . |
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
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| Risk & Return | Correlation |
Angion Biomedica Market Strength Events
Market strength indicators help investors to evaluate how Angion Biomedica stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Angion Biomedica shares will generate the highest return on investment. By undertsting and applying Angion Biomedica stock market strength indicators, traders can identify Angion Biomedica Corp entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 9.43 | |||
| Day Median Price | 10.0 | |||
| Day Typical Price | 10.0 | |||
| Price Action Indicator | 4.47 | |||
| Period Momentum Indicator | 8.94 |
Angion Biomedica Risk Indicators
The analysis of Angion Biomedica'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 Angion Biomedica's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting angion 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 | 5.04 | |||
| Semi Deviation | 5.44 | |||
| Standard Deviation | 6.63 | |||
| Variance | 43.91 | |||
| Downside Variance | 37.26 | |||
| Semi Variance | 29.57 | |||
| Expected Short fall | (5.75) |
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 Angion Biomedica
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 Angion Biomedica 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 Angion Biomedica will appreciate offsetting losses from the drop in the long position's value.Moving against Angion Stock
| 0.82 | REGN | Regeneron Pharmaceuticals | PairCorr |
| 0.74 | NVO | Novo Nordisk AS | PairCorr |
| 0.74 | NONOF | Novo Nordisk AS | PairCorr |
| 0.72 | CMXHF | CSL Limited | PairCorr |
| 0.71 | CSLLY | CSL | PairCorr |
The ability to find closely correlated positions to Angion Biomedica could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Angion Biomedica 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 Angion Biomedica - 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 Angion Biomedica Corp to buy it.
The correlation of Angion Biomedica 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 Angion Biomedica moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Angion Biomedica Corp 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 Angion Biomedica 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 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 price. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Other Consideration for investing in Angion Stock
If you are still planning to invest in Angion Biomedica Corp 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 Angion Biomedica's history and understand the potential risks before investing.
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