MannKind Corp Stock Forecast - Daily Balance Of Power
| MNKD Stock | USD 6.78 0.17 2.57% |
MannKind Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast MannKind Corp stock prices and determine the direction of MannKind Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of MannKind Corp's historical fundamentals, such as revenue growth or operating cash flow patterns.
MannKind |
Open Interest Against 2024-12-06 MannKind Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast MannKind Corp's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in MannKind Corp's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for MannKind Corp stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current MannKind Corp's open interest, investors have to compare it to MannKind Corp's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of MannKind Corp is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in MannKind. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.23) | (0.27) |
| Check MannKind Corp Volatility | Backtest MannKind Corp | Trend Details |
MannKind Corp Trading Date Momentum
| On October 11 2024 MannKind Corp was traded for 6.48 at the closing time. The top price for the day was 6.49 and the lowest listed price was 6.32 . The trading volume for the day was 1.3 M. The trading history from October 11, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 2.53% . The trading delta at closing time against the current closing price is 3.48% . |
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 MannKind Corp
For every potential investor in MannKind, whether a beginner or expert, MannKind Corp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. MannKind Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in MannKind. Basic forecasting techniques help filter out the noise by identifying MannKind Corp's price trends.View MannKind Corp Related Equities
| Risk & Return | Correlation |
MannKind Corp 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 MannKind Corp'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 MannKind Corp's current price.| Cycle Indicators | ||
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MannKind Corp Market Strength Events
Market strength indicators help investors to evaluate how MannKind Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MannKind Corp shares will generate the highest return on investment. By undertsting and applying MannKind Corp stock market strength indicators, traders can identify MannKind Corp entry and exit signals to maximize returns.
MannKind Corp Risk Indicators
The analysis of MannKind Corp'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 MannKind Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mannkind 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 | 1.5 | |||
| Semi Deviation | 1.46 | |||
| Standard Deviation | 1.91 | |||
| Variance | 3.65 | |||
| Downside Variance | 2.69 | |||
| Semi Variance | 2.12 | |||
| Expected Short fall | (1.64) |
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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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.When determining whether MannKind Corp is a strong investment it is important to analyze MannKind Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MannKind Corp's future performance. For an informed investment choice regarding MannKind Stock, refer to the following important reports:Check out Historical Fundamental Analysis of MannKind Corp to cross-verify your projections. For information on how to trade MannKind Stock refer to our How to Trade MannKind Stock guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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 MannKind Corp. If investors know MannKind 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 MannKind Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 5.246 | Earnings Share 0.08 | Revenue Per Share 0.982 | Quarterly Revenue Growth 0.367 | Return On Assets 0.0912 |
The market value of MannKind Corp is measured differently than its book value, which is the value of MannKind that is recorded on the company's balance sheet. Investors also form their own opinion of MannKind Corp's value that differs from its market value or its book value, called intrinsic value, which is MannKind Corp'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 MannKind Corp's market value can be influenced by many factors that don't directly affect MannKind Corp'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 MannKind Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if MannKind Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MannKind Corp'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.