Hookipa Pharma Stock Forecast - Daily Balance Of Power

HOOK Stock  USD 2.29  0.14  6.51%   
Hookipa Stock Forecast is based on your current time horizon. Although Hookipa Pharma's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Hookipa Pharma's systematic risk associated with finding meaningful patterns of Hookipa Pharma fundamentals over time.
  
Receivables Turnover is expected to rise to 1.16 this year, although the value of Inventory Turnover is projected to rise to (9.39). . The value of Common Stock Shares Outstanding is expected to slide to about 8.3 M. The value of Net Loss is expected to slide to about (61.3 M).
On April 25, 2024 Hookipa Pharma had Daily Balance Of Power of (0.26). Balance of Power indicator (or BOP) measures the strength of Hookipa Pharma market sensitivity to bulls and bears. It estimates the ability of Hookipa Pharma buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Hookipa Pharma Balance of Power indicator one can determine a trend of the price direction.
Check Hookipa Pharma VolatilityBacktest Hookipa PharmaTrend Details  

Hookipa Pharma Trading Date Momentum

On April 26 2024 Hookipa Pharma was traded for  8.93  at the closing time. The top price for the day was 9.49  and the lowest listed price was  7.79 . The trading volume for the day was 290 K. The trading history from April 26, 2024 was a factor to the next trading day price upswing. The trading delta at closing time against the next closing price was 10.79% . The trading delta at closing time against the current closing price is 15.38% .
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 Hookipa Pharma

For every potential investor in Hookipa, whether a beginner or expert, Hookipa Pharma's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Hookipa Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Hookipa. Basic forecasting techniques help filter out the noise by identifying Hookipa Pharma's price trends.

Hookipa Pharma 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 Hookipa Pharma stock to make a market-neutral strategy. Peer analysis of Hookipa Pharma could also be used in its relative valuation, which is a method of valuing Hookipa Pharma by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Hookipa Pharma 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 Hookipa Pharma'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 Hookipa Pharma's current price.

Hookipa Pharma Market Strength Events

Market strength indicators help investors to evaluate how Hookipa Pharma stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hookipa Pharma shares will generate the highest return on investment. By undertsting and applying Hookipa Pharma stock market strength indicators, traders can identify Hookipa Pharma entry and exit signals to maximize returns.

Hookipa Pharma Risk Indicators

The analysis of Hookipa Pharma'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 Hookipa Pharma's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hookipa 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.
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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When determining whether Hookipa Pharma 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 Hookipa Stock 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 Hookipa Pharma Stock. Highlighted below are key reports to facilitate an investment decision about Hookipa Pharma Stock:
Check out Historical Fundamental Analysis of Hookipa Pharma to cross-verify your projections.
For more information on how to buy Hookipa Stock please use our How to buy in Hookipa Stock guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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 Hookipa Pharma. If investors know Hookipa 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 Hookipa Pharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.67)
Revenue Per Share
4.403
Quarterly Revenue Growth
(0.52)
Return On Assets
(0.20)
Return On Equity
(0.49)
The market value of Hookipa Pharma is measured differently than its book value, which is the value of Hookipa that is recorded on the company's balance sheet. Investors also form their own opinion of Hookipa Pharma's value that differs from its market value or its book value, called intrinsic value, which is Hookipa Pharma'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 Hookipa Pharma's market value can be influenced by many factors that don't directly affect Hookipa Pharma'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 Hookipa Pharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hookipa Pharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hookipa Pharma'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.