Accuray Incorporated Stock Forecast - Price Action Indicator
| ARAY Stock | USD 1.53 0.01 0.66% |
Accuray Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Accuray Incorporated stock prices and determine the direction of Accuray Incorporated's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Accuray Incorporated's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Accuray Incorporated's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Accuray Incorporated's systematic risk associated with finding meaningful patterns of Accuray Incorporated fundamentals over time.
Check out Historical Fundamental Analysis of Accuray Incorporated to cross-verify your projections. Accuray |
Open Interest Against 2024-06-21 Accuray Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Accuray Incorporated'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 Accuray Incorporated's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Accuray Incorporated 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 Accuray Incorporated's open interest, investors have to compare it to Accuray Incorporated'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 Accuray Incorporated 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 Accuray. 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 Accuray Incorporated 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 Accuray Incorporated's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Accuray Incorporated's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.| Check Accuray Incorporated Volatility | Backtest Accuray Incorporated | Information Ratio |
Accuray Incorporated Trading Date Momentum
| On May 23 2024 Accuray Incorporated was traded for 1.53 at the closing time. The top price for the day was 1.55 and the lowest listed price was 1.50 . There was no trading activity during the period 0.0. Lack of trading volume on May 23, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.65% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Accuray Incorporated to competition |
Other Forecasting Options for Accuray Incorporated
For every potential investor in Accuray, whether a beginner or expert, Accuray Incorporated's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Accuray Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Accuray. Basic forecasting techniques help filter out the noise by identifying Accuray Incorporated's price trends.Accuray Incorporated 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 Accuray Incorporated stock to make a market-neutral strategy. Peer analysis of Accuray Incorporated could also be used in its relative valuation, which is a method of valuing Accuray Incorporated by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Accuray Incorporated 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 Accuray Incorporated'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 Accuray Incorporated's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Accuray Incorporated Market Strength Events
Market strength indicators help investors to evaluate how Accuray Incorporated stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Accuray Incorporated shares will generate the highest return on investment. By undertsting and applying Accuray Incorporated stock market strength indicators, traders can identify Accuray Incorporated entry and exit signals to maximize returns.
Accuray Incorporated Risk Indicators
The analysis of Accuray Incorporated'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 Accuray Incorporated's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting accuray 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 | 2.57 | |||
| Standard Deviation | 4.58 | |||
| Variance | 20.93 |
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.
Also Currently Popular
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 Accuray Incorporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Accuray Incorporated's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Accuray Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Accuray Incorporated Stock:Check out Historical Fundamental Analysis of Accuray Incorporated to cross-verify your projections. For more information on how to buy Accuray Stock please use our How to Invest in Accuray Incorporated guide.Note that the Accuray Incorporated information on this page should be used as a complementary analysis to other Accuray Incorporated'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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Accuray Stock analysis
When running Accuray Incorporated's price analysis, check to measure Accuray Incorporated'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 Accuray Incorporated is operating at the current time. Most of Accuray Incorporated's value examination focuses on studying past and present price action to predict the probability of Accuray Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Accuray Incorporated's price. Additionally, you may evaluate how the addition of Accuray Incorporated to your portfolios can decrease your overall portfolio volatility.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |
Is Accuray Incorporated'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 Accuray Incorporated. If investors know Accuray 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 Accuray Incorporated 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 (0.96) | Earnings Share (0.22) | Revenue Per Share 4.422 | Quarterly Revenue Growth 0.168 | Return On Assets (0.01) |
The market value of Accuray Incorporated is measured differently than its book value, which is the value of Accuray that is recorded on the company's balance sheet. Investors also form their own opinion of Accuray Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Accuray Incorporated'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 Accuray Incorporated's market value can be influenced by many factors that don't directly affect Accuray Incorporated'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 Accuray Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Accuray Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Accuray Incorporated'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.