Tg Therapeutics Stock Momentum Indicators Aroon

TGTX Stock  USD 35.00  0.74  2.16%   
TG Therapeutics momentum indicators tool provides the execution environment for running the Aroon indicator and other technical functions against TG Therapeutics. TG Therapeutics value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Aroon indicator function is designed to identify and follow existing trends. Momentum indicators of TG Therapeutics are pattern recognition functions that provide distinct formation on TG Therapeutics potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Aroon Indicator was developed by Tushar S. Chande to indicate when a new trend is dawning. The indicator consists of two lines that measure how long it has been since the highest high/lowest low has occurred within an (N) period range. When TG Therapeutics Aroon Up is staying between 70 and 100 then it indicates an upward trend. When the Aroon Down is staying between 70 and 100 then it indicates an downward trend. A strong upward trend is indicated when the Aroon Up is above 70 while the Aroon Down is below 30. When TG Therapeutics Aroon Down crosses above the Aroon Up, it indicates a weakening of the upward trend (and vice versa).

TG Therapeutics Technical Analysis Modules

Most technical analysis of TG Therapeutics help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for TGTX from various momentum indicators to cycle indicators. When you analyze TGTX 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.

About TG Therapeutics Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TG Therapeutics. We use our internally-developed statistical techniques to arrive at the intrinsic value of TG Therapeutics based on widely used predictive technical indicators. In general, we focus on analyzing TGTX Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build TG Therapeutics's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of TG Therapeutics's intrinsic value. In addition to deriving basic predictive indicators for TG Therapeutics, we also check how macroeconomic factors affect TG Therapeutics price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Dividend Yield4.28E-44.06E-4
Price To Sales Ratio10.389.86
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TG Therapeutics' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
31.9236.0740.22
Details
Intrinsic
Valuation
LowRealHigh
26.6830.8338.50
Details
Naive
Forecast
LowNextHigh
31.7435.8940.04
Details
10 Analysts
Consensus
LowTargetHigh
24.2226.6129.54
Details

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TG Therapeutics pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TG Therapeutics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TG Therapeutics will appreciate offsetting losses from the drop in the long position's value.

TG Therapeutics Pair Trading

TG Therapeutics Pair Trading Analysis

The ability to find closely correlated positions to TG Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TG Therapeutics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TG Therapeutics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TG Therapeutics to buy it.
The correlation of TG Therapeutics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TG Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TG Therapeutics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for TG Therapeutics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for TGTX Stock Analysis

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