Biotricity Stock Forecast - Daily Balance Of Power
Biotricity Stock Forecast is based on your current time horizon.
Biotricity |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 1.0 | (0.19) |
| Check Biotricity Volatility | Backtest Biotricity | Trend Details |
Biotricity Trading Date Momentum
| On December 28 2023 Biotricity was traded for 1.22 at the closing time. The top price for the day was 1.41 and the lowest listed price was 1.22 . The trading volume for the day was 41.6 K. The trading history from December 28, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 10.95% . The overall trading delta against the current closing price is 16.06% . |
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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| Risk & Return | Correlation |
Biotricity Risk Indicators
The analysis of Biotricity'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 Biotricity's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting biotricity 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 | |||
| Standard Deviation | 8.67 | |||
| Variance | 75.11 |
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 main economic indicators. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Other Consideration for investing in Biotricity Stock
If you are still planning to invest in Biotricity 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 Biotricity's history and understand the potential risks before investing.
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