Homology Medicines Stock Forecast - Daily Balance Of Power
| FIXXDelisted Stock | USD 1.09 0.06 5.83% |
Homology Stock Forecast is based on your current time horizon.
Homology |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.33) | (0.50) |
| Check Homology Medicines Volatility | Backtest Homology Medicines | Trend Details |
Homology Medicines Trading Date Momentum
| On April 24 2023 Homology Medicines was traded for 0.99 at the closing time. The top price for the day was 1.05 and the lowest listed price was 0.99 . The trading volume for the day was 77.2 K. The trading history from April 24, 2023 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 1.02% . The trading delta at closing time against the current closing price is 1.02% . |
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.
Compare Homology Medicines to competition
Homology Medicines 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 Homology Medicines stock to make a market-neutral strategy. Peer analysis of Homology Medicines could also be used in its relative valuation, which is a method of valuing Homology Medicines by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Homology Medicines Market Strength Events
Market strength indicators help investors to evaluate how Homology Medicines stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Homology Medicines shares will generate the highest return on investment. By undertsting and applying Homology Medicines stock market strength indicators, traders can identify Homology Medicines entry and exit signals to maximize returns.
Homology Medicines Risk Indicators
The analysis of Homology Medicines' 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 Homology Medicines' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting homology 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 | 2.82 | |||
| Semi Deviation | 3.52 | |||
| Standard Deviation | 3.71 | |||
| Variance | 13.76 | |||
| Downside Variance | 16.92 | |||
| Semi Variance | 12.41 | |||
| Expected Short fall | (3.25) |
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 Investing Opportunities 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 interest. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Other Consideration for investing in Homology Stock
If you are still planning to invest in Homology Medicines 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 Homology Medicines' history and understand the potential risks before investing.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data |