IO Biotech Stock Forecast - Relative Strength Index

IOBT Stock  USD 0.71  0.03  4.41%   
IOBT Stock Forecast is based on your current time horizon.
  
Inventory Turnover is likely to drop to -0.33 in 2024. Payables Turnover is likely to drop to 0.13 in 2024. Common Stock Shares Outstanding is likely to drop to about 34.9 M in 2024. Net Loss is likely to drop to about (67.5 M) in 2024.
On November 21, 2024 IO Biotech had Relative Strength Index of 43.59.
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IO Biotech Trading Date Momentum

On November 22 2024 IO Biotech was traded for  0.71  at the closing time. The top price for the day was 0.77  and the lowest listed price was  0.69 . The trading volume for the day was 1.2 M. The trading history from November 22, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 4.41% . The trading delta at closing time against the current closing price is 5.88% .
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Other Forecasting Options for IO Biotech

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

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IO Biotech 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 IO Biotech'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 IO Biotech's current price.

IO Biotech Market Strength Events

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

IO Biotech Risk Indicators

The analysis of IO Biotech'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 IO Biotech's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting iobt 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.

Thematic Opportunities

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Additional Tools for IOBT Stock Analysis

When running IO Biotech's price analysis, check to measure IO Biotech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IO Biotech is operating at the current time. Most of IO Biotech's value examination focuses on studying past and present price action to predict the probability of IO Biotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IO Biotech's price. Additionally, you may evaluate how the addition of IO Biotech to your portfolios can decrease your overall portfolio volatility.