FOXO Technologies Stock Forecast - Daily Balance Of Power
| FOXO Stock | USD 0.49 0.01 2.00% |
FOXO Stock Forecast is based on your current time horizon. Although FOXO Technologies' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of FOXO Technologies' systematic risk associated with finding meaningful patterns of FOXO Technologies fundamentals over time.
FOXO |
| Check FOXO Technologies Volatility | Backtest FOXO Technologies | Trend Details |
FOXO Technologies Trading Date Momentum
| On September 16 2024 FOXO Technologies was traded for 0.18 at the closing time. The top price for the day was 0.19 and the lowest listed price was 0.17 . The trading volume for the day was 67.6 K. The trading history from September 16, 2024 did not affect price variability. The overall trading delta against the current closing price is 5.56% . |
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 FOXO Technologies to competition |
Other Forecasting Options for FOXO Technologies
For every potential investor in FOXO, whether a beginner or expert, FOXO Technologies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. FOXO Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in FOXO. Basic forecasting techniques help filter out the noise by identifying FOXO Technologies' price trends.FOXO Technologies 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 FOXO Technologies stock to make a market-neutral strategy. Peer analysis of FOXO Technologies could also be used in its relative valuation, which is a method of valuing FOXO Technologies by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
FOXO Technologies 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 FOXO Technologies' 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 FOXO Technologies' current price.| Cycle Indicators | ||
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| Volume Indicators |
FOXO Technologies Market Strength Events
Market strength indicators help investors to evaluate how FOXO Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FOXO Technologies shares will generate the highest return on investment. By undertsting and applying FOXO Technologies stock market strength indicators, traders can identify FOXO Technologies entry and exit signals to maximize returns.
| Accumulation Distribution | 185307.0 | |||
| Daily Balance Of Power | (0.17) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 0.5 | |||
| Day Typical Price | 0.5 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) |
FOXO Technologies Risk Indicators
The analysis of FOXO Technologies' 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 FOXO Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting foxo 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 | 17.58 | |||
| Semi Deviation | 9.62 | |||
| Standard Deviation | 57.78 | |||
| Variance | 3338.27 | |||
| Downside Variance | 198.85 | |||
| Semi Variance | 92.55 | |||
| Expected Short fall | (32.22) |
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.
Pair Trading with FOXO Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if FOXO Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in FOXO Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with FOXO Stock
Moving against FOXO Stock
| 0.6 | VERO | Venus Concept | PairCorr |
| 0.59 | DRIO | DarioHealth Corp | PairCorr |
| 0.56 | EDAP | EDAP TMS SA | PairCorr |
| 0.31 | CI | Cigna Corp | PairCorr |
The ability to find closely correlated positions to FOXO Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FOXO Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back FOXO Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling FOXO Technologies to buy it.
The correlation of FOXO Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as FOXO Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FOXO Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for FOXO Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of FOXO Technologies to cross-verify your projections. To learn how to invest in FOXO Stock, please use our How to Invest in FOXO Technologies guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Health Care Equipment & Supplies 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 FOXO Technologies. If investors know FOXO 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 FOXO Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.05 | Revenue Per Share 0.02 | Quarterly Revenue Growth 1.333 | Return On Assets (1.14) | Return On Equity (17.55) |
The market value of FOXO Technologies is measured differently than its book value, which is the value of FOXO that is recorded on the company's balance sheet. Investors also form their own opinion of FOXO Technologies' value that differs from its market value or its book value, called intrinsic value, which is FOXO Technologies' 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 FOXO Technologies' market value can be influenced by many factors that don't directly affect FOXO Technologies' 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 FOXO Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if FOXO Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FOXO Technologies' 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.