MacroGenics Stock Forecast - Accumulation Distribution

MGNX Stock  USD 3.24  0.03  0.93%   
MacroGenics Stock Forecast is based on your current time horizon.
  
Inventory Turnover is likely to rise to 7.07 in 2024, whereas Payables Turnover is likely to drop 1.21 in 2024. . Common Stock Shares Outstanding is likely to drop to about 42.1 M in 2024. Net Loss is likely to drop to about (113.2 M) in 2024.
On November 13, 2024 MacroGenics had Accumulation Distribution of 58345.22. The accumulation distribution (A/D) indicator shows the degree to which MacroGenics is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of MacroGenics to determine if accumulation or reduction is taking place in the market. This value is adjusted by MacroGenics trading volume to give more weight to distributions with higher volume over lower volume.
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MacroGenics Trading Date Momentum

On November 14 2024 MacroGenics was traded for  3.81  at the closing time. The top price for the day was 3.89  and the lowest listed price was  3.63 . The trading volume for the day was 594.6 K. The trading history from November 14, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 1.06% . The trading delta at closing time against the current closing price is 5.04% .
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 MacroGenics

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

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

MacroGenics 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 MacroGenics' 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 MacroGenics' current price.

MacroGenics Market Strength Events

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

MacroGenics Risk Indicators

The analysis of MacroGenics' 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 MacroGenics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting macrogenics 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.

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.

Additional Tools for MacroGenics Stock Analysis

When running MacroGenics' price analysis, check to measure MacroGenics' 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 MacroGenics is operating at the current time. Most of MacroGenics' value examination focuses on studying past and present price action to predict the probability of MacroGenics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MacroGenics' price. Additionally, you may evaluate how the addition of MacroGenics to your portfolios can decrease your overall portfolio volatility.