Opthea Pink Sheet Forecast - Accumulation Distribution
| CKDXF Stock | USD 0.44 0.00 0.00% |
Opthea Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Opthea's historical fundamentals, such as revenue growth or operating cash flow patterns.
Opthea |
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Opthea Trading Date Momentum
| On November 27 2024 Opthea was traded for 0.44 at the closing time. The highest daily price throughout the period was 0.44 and the lowest price was 0.44 . There was no trading activity during the period 1.0. Lack of trading volume on 11/27/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
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
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Other Forecasting Options for Opthea
For every potential investor in Opthea, whether a beginner or expert, Opthea's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Opthea Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Opthea. Basic forecasting techniques help filter out the noise by identifying Opthea's price trends.Opthea 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 Opthea pink sheet to make a market-neutral strategy. Peer analysis of Opthea could also be used in its relative valuation, which is a method of valuing Opthea by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Opthea Technical and Predictive Analytics
The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Opthea'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 Opthea's current price.| Cycle Indicators | ||
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Opthea Market Strength Events
Market strength indicators help investors to evaluate how Opthea pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Opthea shares will generate the highest return on investment. By undertsting and applying Opthea pink sheet market strength indicators, traders can identify Opthea entry and exit signals to maximize returns.
Opthea Risk Indicators
The analysis of Opthea'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 Opthea's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting opthea pink sheet 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 | 2.89 | |||
| Standard Deviation | 12.25 | |||
| Variance | 150.15 |
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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Additional Information and Resources on Investing in Opthea Pink Sheet
When determining whether Opthea is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Opthea Pink Sheet is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Opthea Stock. Highlighted below are key reports to facilitate an investment decision about Opthea Stock:Check out Historical Fundamental Analysis of Opthea to cross-verify your projections. For more detail on how to invest in Opthea Pink Sheet please use our How to Invest in Opthea guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.