Butterfly Network Stock Forecast - Daily Balance Of Power
| BFLY Stock | USD 3.29 0.13 4.11% |
Butterfly Stock Forecast is based on your current time horizon.
Butterfly |
Open Interest Against 2024-12-20 Butterfly Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Butterfly Network's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Butterfly Network's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Butterfly Network stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Butterfly Network's open interest, investors have to compare it to Butterfly Network's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Butterfly Network is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Butterfly. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.40) | (0.50) |
| Check Butterfly Network Volatility | Backtest Butterfly Network | Trend Details |
Butterfly Network Trading Date Momentum
| On April 12 2024 Butterfly Network was traded for 0.89 at the closing time. The top price for the day was 0.96 and the lowest listed price was 0.88 . The trading volume for the day was 1.4 M. The trading history from April 12, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 6.32% . The overall trading delta against the current closing price is 3.16% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Butterfly Network
For every potential investor in Butterfly, whether a beginner or expert, Butterfly Network's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Butterfly Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Butterfly. Basic forecasting techniques help filter out the noise by identifying Butterfly Network's price trends.View Butterfly Network Related Equities
| Risk & Return | Correlation |
Butterfly Network 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 Butterfly Network'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 Butterfly Network's current price.| Cycle Indicators | ||
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| Volume Indicators |
Butterfly Network Market Strength Events
Market strength indicators help investors to evaluate how Butterfly Network stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Butterfly Network shares will generate the highest return on investment. By undertsting and applying Butterfly Network stock market strength indicators, traders can identify Butterfly Network entry and exit signals to maximize returns.
Butterfly Network Risk Indicators
The analysis of Butterfly Network'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 Butterfly Network's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting butterfly 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 | 5.32 | |||
| Semi Deviation | 3.49 | |||
| Standard Deviation | 6.84 | |||
| Variance | 46.82 | |||
| Downside Variance | 18.14 | |||
| Semi Variance | 12.16 | |||
| Expected Short fall | (7.05) |
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.
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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 Butterfly Stock Analysis
When running Butterfly Network's price analysis, check to measure Butterfly Network'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 Butterfly Network is operating at the current time. Most of Butterfly Network's value examination focuses on studying past and present price action to predict the probability of Butterfly Network's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Butterfly Network's price. Additionally, you may evaluate how the addition of Butterfly Network to your portfolios can decrease your overall portfolio volatility.