Creative Medical Stock Forecast - Coefficient Of Variation
| CELZ Stock | USD 5.00 0.20 3.85% |
Creative Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Creative Medical stock prices and determine the direction of Creative Medical Technology's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Creative Medical's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Creative Medical's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Creative Medical's systematic risk associated with finding meaningful patterns of Creative Medical fundamentals over time.
Check out Historical Fundamental Analysis of Creative Medical to cross-verify your projections. Creative |
Most investors in Creative Medical 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 Creative Medical's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Creative Medical's price structures and extracts relationships that further increase the generated results' accuracy.
| Check Creative Medical Volatility | Backtest Creative Medical | Information Ratio |
Creative Medical Trading Date Momentum
| On April 18 2024 Creative Medical Technology was traded for 5.00 at the closing time. The top price for the day was 5.30 and the lowest listed price was 4.90 . There was no trading activity during the period 0.0. Lack of trading volume on April 18, 2024 did not affect price variability. The overall trading delta against the current closing price is 2.40% . |
| Compare Creative Medical to competition |
Other Forecasting Options for Creative Medical
For every potential investor in Creative, whether a beginner or expert, Creative Medical's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Creative Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Creative. Basic forecasting techniques help filter out the noise by identifying Creative Medical's price trends.Creative Medical 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 Creative Medical stock to make a market-neutral strategy. Peer analysis of Creative Medical could also be used in its relative valuation, which is a method of valuing Creative Medical by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Creative Medical Tec 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 Creative Medical'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 Creative Medical's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Creative Medical Market Strength Events
Market strength indicators help investors to evaluate how Creative Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Creative Medical shares will generate the highest return on investment. By undertsting and applying Creative Medical stock market strength indicators, traders can identify Creative Medical Technology entry and exit signals to maximize returns.
Creative Medical Risk Indicators
The analysis of Creative Medical'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 Creative Medical's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting creative 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 | 2.85 | |||
| Semi Deviation | 3.2 | |||
| Standard Deviation | 5.35 | |||
| Variance | 28.6 | |||
| Downside Variance | 12.49 | |||
| Semi Variance | 10.23 | |||
| Expected Short fall | (3.64) |
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 Creative Medical
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 Creative Medical 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 Creative Medical will appreciate offsetting losses from the drop in the long position's value.Moving against Creative Stock
| 0.54 | LPTX | Leap Therapeutics Financial Report 20th of May 2024 | PairCorr |
The ability to find closely correlated positions to Creative Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Creative Medical 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 Creative Medical - 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 Creative Medical Technology to buy it.
The correlation of Creative Medical 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 Creative Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Creative Medical Tec 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 Creative Medical 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 Creative Medical to cross-verify your projections. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Creative Stock analysis
When running Creative Medical's price analysis, check to measure Creative Medical'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 Creative Medical is operating at the current time. Most of Creative Medical's value examination focuses on studying past and present price action to predict the probability of Creative Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Creative Medical's price. Additionally, you may evaluate how the addition of Creative Medical to your portfolios can decrease your overall portfolio volatility.
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Is Creative Medical'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 Creative Medical. If investors know Creative 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 Creative Medical 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 3.589 | Earnings Share (3.76) | Revenue Per Share 0.006 | Quarterly Revenue Growth (0.84) | Return On Assets (0.23) |
The market value of Creative Medical Tec is measured differently than its book value, which is the value of Creative that is recorded on the company's balance sheet. Investors also form their own opinion of Creative Medical's value that differs from its market value or its book value, called intrinsic value, which is Creative Medical'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 Creative Medical's market value can be influenced by many factors that don't directly affect Creative Medical'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 Creative Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Creative Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Creative Medical'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.