Belite Bio Stock Forecast - Daily Balance Of Power
| BLTE Stock | USD 64.15 0.55 0.85% |
Belite Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Belite Bio stock prices and determine the direction of Belite Bio ADR's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Belite Bio's historical fundamentals, such as revenue growth or operating cash flow patterns.
Belite |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.29) | (0.64) |
| Check Belite Bio Volatility | Backtest Belite Bio | Trend Details |
Belite Bio Trading Date Momentum
| On June 16 2023 Belite Bio ADR was traded for 13.23 at the closing time. The top price for the day was 14.74 and the lowest listed price was 13.23 . The trading volume for the day was 68.1 K. The trading history from June 16, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 7.80% . The overall trading delta against the current closing price is 7.80% . |
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 Belite Bio
For every potential investor in Belite, whether a beginner or expert, Belite Bio's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Belite Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Belite. Basic forecasting techniques help filter out the noise by identifying Belite Bio's price trends.View Belite Bio Related Equities
| Risk & Return | Correlation |
Belite Bio ADR 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 Belite 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 Belite Bio's current price.| Cycle Indicators | ||
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Belite Bio Market Strength Events
Market strength indicators help investors to evaluate how Belite 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 Belite Bio shares will generate the highest return on investment. By undertsting and applying Belite Bio stock market strength indicators, traders can identify Belite Bio ADR entry and exit signals to maximize returns.
| Accumulation Distribution | 686.71 | |||
| Daily Balance Of Power | (0.29) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 64.94 | |||
| Day Typical Price | 64.68 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Price Action Indicator | (1.06) | |||
| Period Momentum Indicator | (0.55) | |||
| Relative Strength Index | 36.24 |
Belite Bio Risk Indicators
The analysis of Belite 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 Belite Bio's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting belite 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 | 2.77 | |||
| Semi Deviation | 4.26 | |||
| Standard Deviation | 4.73 | |||
| Variance | 22.34 | |||
| Downside Variance | 24.18 | |||
| Semi Variance | 18.13 | |||
| Expected Short fall | (2.94) |
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.When determining whether Belite Bio ADR is a strong investment it is important to analyze Belite Bio's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Belite Bio's future performance. For an informed investment choice regarding Belite Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Belite Bio to cross-verify your projections. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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 Belite Bio. If investors know Belite 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 Belite Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.10) | Return On Assets (0.26) | Return On Equity (0.40) |
The market value of Belite Bio ADR is measured differently than its book value, which is the value of Belite that is recorded on the company's balance sheet. Investors also form their own opinion of Belite Bio's value that differs from its market value or its book value, called intrinsic value, which is Belite 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 Belite Bio's market value can be influenced by many factors that don't directly affect Belite 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 Belite Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Belite Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Belite 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.