Scandion Oncology Stock Forecast - Naive Prediction

Investors can use prediction functions to forecast Scandion Oncology's stock prices and determine the direction of Scandion Oncology AS's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. We recommend always using this module together with an analysis of Scandion Oncology's historical fundamentals, such as revenue growth or operating cash flow patterns. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. As of now the value of rsi of Scandion Oncology's share price is below 20 . This usually implies that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Scandion Oncology's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Scandion Oncology and does not consider all of the tangible or intangible factors available from Scandion Oncology's fundamental data. We analyze noise-free headlines and recent hype associated with Scandion Oncology AS, which may create opportunities for some arbitrage if properly timed.
Using Scandion Oncology hype-based prediction, you can estimate the value of Scandion Oncology AS from the perspective of Scandion Oncology response to recently generated media hype and the effects of current headlines on its competitors.

Scandion Oncology after-hype prediction price

    
  SEK 0.0  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as delisted stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Scandion Oncology Additional Predictive Modules

Most predictive techniques to examine Scandion price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Scandion using various technical indicators. When you analyze Scandion charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
A naive forecasting model for Scandion Oncology is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Scandion Oncology AS value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.
This model is not at all useful as a medium-long range forecasting tool of Scandion Oncology AS. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Scandion Oncology. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Scandion Oncology

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Scandion Oncology. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Symbol  SCOL
Name  Scandion Oncology AS
TypeStock
Country  
 Sweden
Exchange  ST

Hype Analysis is not found for Scandion Oncology AS at this time

We are unable to locate Scandion Oncology AS hype analysis at this time. If you believe the equity you are trying to look up is valid, please let us know, and we will check it out.

Hype Analysis

Prediction analysis is currently not available

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

Story Coverage note for Scandion Oncology

The number of cover stories for Scandion Oncology depends on current market conditions and Scandion Oncology's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Scandion Oncology is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Scandion Oncology's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Consideration for investing in Scandion Stock

If you are still planning to invest in Scandion Oncology check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Scandion Oncology's history and understand the potential risks before investing.
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