Connect Biopharma Holdings Stock Overlap Studies All Moving Average
CNTB Stock | USD 1.00 0.01 1.01% |
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The output start index for this execution was two with a total number of output elements of fifty-nine. The Moving Average is predictive technique used to analyze Connect Biopharma price data points by creating a series of averages of different subsets of Connect Biopharma entire price series.
Connect Biopharma Technical Analysis Modules
Most technical analysis of Connect Biopharma 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 Connect from various momentum indicators to cycle indicators. When you analyze Connect 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.Cycle Indicators | ||
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About Connect Biopharma 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 Connect Biopharma Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Connect Biopharma Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Connect Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Connect Biopharma's daily price indicators and compare them against related drivers, such as overlap studies 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 Connect Biopharma's intrinsic value. In addition to deriving basic predictive indicators for Connect Biopharma, we also check how macroeconomic factors affect Connect Biopharma price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
2022 | 2023 | 2024 (projected) | Net Debt To EBITDA | 0.72 | 1.81 | 1.53 | Intangibles To Total Assets | 0.0182 | 4.92E-4 | 4.68E-4 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Connect Biopharma's 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.
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Connect Biopharma 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 Connect Biopharma 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 Connect Biopharma will appreciate offsetting losses from the drop in the long position's value.Connect Biopharma Pair Trading
Connect Biopharma Holdings Pair Trading Analysis
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Connect Biopharma Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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 Connect Biopharma. If investors know Connect 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 Connect Biopharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.39) | Revenue Per Share 0.438 | Return On Assets (0.12) | Return On Equity (0.18) |
The market value of Connect Biopharma is measured differently than its book value, which is the value of Connect that is recorded on the company's balance sheet. Investors also form their own opinion of Connect Biopharma's value that differs from its market value or its book value, called intrinsic value, which is Connect Biopharma'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 Connect Biopharma's market value can be influenced by many factors that don't directly affect Connect Biopharma'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 Connect Biopharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if Connect Biopharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Connect Biopharma'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.