Beam TherapeuticsInc Stock Forecast - Accumulation Distribution
| BEAM Stock | USD 23.47 0.63 2.61% |
Beam Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Beam TherapeuticsInc stock prices and determine the direction of Beam TherapeuticsInc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Beam TherapeuticsInc's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Beam TherapeuticsInc's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Beam TherapeuticsInc's systematic risk associated with finding meaningful patterns of Beam TherapeuticsInc fundamentals over time.
Check out Historical Fundamental Analysis of Beam TherapeuticsInc to cross-verify your projections. Beam |
Most investors in Beam TherapeuticsInc 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 Beam TherapeuticsInc's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Beam TherapeuticsInc's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Beam TherapeuticsInc is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Beam TherapeuticsInc to determine if accumulation or reduction is taking place in the market. This value is adjusted by Beam TherapeuticsInc trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 106332.0 | 111555.0 |
| Check Beam TherapeuticsInc Volatility | Backtest Beam TherapeuticsInc | Information Ratio |
Beam TherapeuticsInc Trading Date Momentum
| On April 23 2024 Beam TherapeuticsInc was traded for 23.47 at the closing time. The top price for the day was 25.47 and the lowest listed price was 23.44 . The trading volume for the day was 1.4 M. The trading history from April 23, 2024 did not affect price variability. The overall trading delta against the current closing price is 2.43% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Beam TherapeuticsInc to competition |
Other Forecasting Options for Beam TherapeuticsInc
For every potential investor in Beam, whether a beginner or expert, Beam TherapeuticsInc's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Beam Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Beam. Basic forecasting techniques help filter out the noise by identifying Beam TherapeuticsInc's price trends.Beam TherapeuticsInc 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 Beam TherapeuticsInc stock to make a market-neutral strategy. Peer analysis of Beam TherapeuticsInc could also be used in its relative valuation, which is a method of valuing Beam TherapeuticsInc by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Beam TherapeuticsInc 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 Beam TherapeuticsInc'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 Beam TherapeuticsInc's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Beam TherapeuticsInc Market Strength Events
Market strength indicators help investors to evaluate how Beam TherapeuticsInc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Beam TherapeuticsInc shares will generate the highest return on investment. By undertsting and applying Beam TherapeuticsInc stock market strength indicators, traders can identify Beam TherapeuticsInc entry and exit signals to maximize returns.
| Accumulation Distribution | 111555.0 | |||
| Daily Balance Of Power | (0.31) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 24.46 | |||
| Day Typical Price | 24.13 | |||
| Price Action Indicator | (1.30) | |||
| Period Momentum Indicator | (0.63) |
Beam TherapeuticsInc Risk Indicators
The analysis of Beam TherapeuticsInc'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 Beam TherapeuticsInc's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting beam 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 | 3.71 | |||
| Semi Deviation | 4.16 | |||
| Standard Deviation | 5.73 | |||
| Variance | 32.8 | |||
| Downside Variance | 20.86 | |||
| Semi Variance | 17.28 | |||
| Expected Short fall | (4.13) |
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.
Pair Trading with Beam TherapeuticsInc
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 Beam TherapeuticsInc 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 Beam TherapeuticsInc will appreciate offsetting losses from the drop in the long position's value.Moving together with Beam Stock
| 0.72 | EGRX | Eagle Pharmaceuticals | PairCorr |
Moving against Beam Stock
| 0.41 | ELYM | Eliem Therapeutics | PairCorr |
The ability to find closely correlated positions to Beam TherapeuticsInc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Beam TherapeuticsInc 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 Beam TherapeuticsInc - 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 Beam TherapeuticsInc to buy it.
The correlation of Beam TherapeuticsInc 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 Beam TherapeuticsInc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Beam TherapeuticsInc 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 Beam TherapeuticsInc 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 Beam TherapeuticsInc to cross-verify your projections. To learn how to invest in Beam Stock, please use our How to Invest in Beam TherapeuticsInc guide.Note that the Beam TherapeuticsInc information on this page should be used as a complementary analysis to other Beam TherapeuticsInc'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 Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Beam Stock analysis
When running Beam TherapeuticsInc's price analysis, check to measure Beam TherapeuticsInc'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 Beam TherapeuticsInc is operating at the current time. Most of Beam TherapeuticsInc's value examination focuses on studying past and present price action to predict the probability of Beam TherapeuticsInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beam TherapeuticsInc's price. Additionally, you may evaluate how the addition of Beam TherapeuticsInc to your portfolios can decrease your overall portfolio volatility.
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Is Beam TherapeuticsInc'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 Beam TherapeuticsInc. If investors know Beam 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 Beam TherapeuticsInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.72) | Revenue Per Share 4.896 | Quarterly Revenue Growth 14.78 | Return On Assets (0.08) | Return On Equity (0.15) |
The market value of Beam TherapeuticsInc is measured differently than its book value, which is the value of Beam that is recorded on the company's balance sheet. Investors also form their own opinion of Beam TherapeuticsInc's value that differs from its market value or its book value, called intrinsic value, which is Beam TherapeuticsInc'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 Beam TherapeuticsInc's market value can be influenced by many factors that don't directly affect Beam TherapeuticsInc'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 Beam TherapeuticsInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beam TherapeuticsInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beam TherapeuticsInc'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.