Akebia Ther Stock Forecast - Kurtosis
| AKBA Stock | USD 1.37 0.01 0.74% |
Akebia Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Akebia Ther stock prices and determine the direction of Akebia Ther's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Akebia Ther's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Akebia Ther's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Akebia Ther's systematic risk associated with finding meaningful patterns of Akebia Ther fundamentals over time.
Check out Historical Fundamental Analysis of Akebia Ther to cross-verify your projections. Akebia |
Open Interest Against 2024-05-17 Akebia Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Akebia Ther'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 Akebia Ther's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Akebia Ther 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 Akebia Ther's open interest, investors have to compare it to Akebia Ther'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 Akebia Ther 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 Akebia. 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.
Most investors in Akebia Ther cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Akebia Ther's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Akebia Ther's price structures and extracts relationships that further increase the generated results' accuracy.
| Previous Kurtosis | Kurtosis | Trend |
| 0 | 0 |
| Check Akebia Ther Volatility | Backtest Akebia Ther | Information Ratio |
Akebia Ther Trading Date Momentum
| On April 24 2024 Akebia Ther was traded for 1.37 at the closing time. The top price for the day was 1.41 and the lowest listed price was 1.35 . There was no trading activity during the period 0.0. Lack of trading volume on April 24, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.73% . |
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Other Forecasting Options for Akebia Ther
For every potential investor in Akebia, whether a beginner or expert, Akebia Ther's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Akebia Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Akebia. Basic forecasting techniques help filter out the noise by identifying Akebia Ther's price trends.Akebia Ther 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 Akebia Ther stock to make a market-neutral strategy. Peer analysis of Akebia Ther could also be used in its relative valuation, which is a method of valuing Akebia Ther by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Akebia Ther 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 Akebia Ther'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 Akebia Ther's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Akebia Ther Market Strength Events
Market strength indicators help investors to evaluate how Akebia Ther stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Akebia Ther shares will generate the highest return on investment. By undertsting and applying Akebia Ther stock market strength indicators, traders can identify Akebia Ther entry and exit signals to maximize returns.
Akebia Ther Risk Indicators
The analysis of Akebia Ther'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 Akebia Ther's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting akebia 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 | 4.11 | |||
| Semi Deviation | 5.03 | |||
| Standard Deviation | 6.1 | |||
| Variance | 37.18 | |||
| Downside Variance | 28.58 | |||
| Semi Variance | 25.34 | |||
| Expected Short fall | (4.99) |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Akebia Ther in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Akebia Ther's short interest history, or implied volatility extrapolated from Akebia Ther options trading.
Pair Trading with Akebia Ther
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 Akebia Ther 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 Akebia Ther will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Akebia Ther could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Akebia Ther 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 Akebia Ther - 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 Akebia Ther to buy it.
The correlation of Akebia Ther 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 Akebia Ther moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Akebia Ther 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 Akebia Ther 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.Check out Historical Fundamental Analysis of Akebia Ther to cross-verify your projections. For information on how to trade Akebia Stock refer to our How to Trade Akebia Stock guide.Note that the Akebia Ther information on this page should be used as a complementary analysis to other Akebia Ther's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Akebia Stock analysis
When running Akebia Ther's price analysis, check to measure Akebia Ther's 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 Akebia Ther is operating at the current time. Most of Akebia Ther's value examination focuses on studying past and present price action to predict the probability of Akebia Ther's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akebia Ther's price. Additionally, you may evaluate how the addition of Akebia Ther to your portfolios can decrease your overall portfolio volatility.
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Is Akebia Ther's industry 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 Akebia Ther. If investors know Akebia 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 Akebia Ther listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.28) | Revenue Per Share 1.038 | Quarterly Revenue Growth 0.007 | Return On Assets (0.09) | Return On Equity (5.53) |
The market value of Akebia Ther is measured differently than its book value, which is the value of Akebia that is recorded on the company's balance sheet. Investors also form their own opinion of Akebia Ther's value that differs from its market value or its book value, called intrinsic value, which is Akebia Ther'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 Akebia Ther's market value can be influenced by many factors that don't directly affect Akebia Ther'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 Akebia Ther's value and its price as these two are different measures arrived at by different means. Investors typically determine if Akebia Ther is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akebia Ther'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.