Cumberland Pharmaceuticals Stock Forecast - Price Action Indicator
| CPIX Stock | USD 1.62 0.02 1.25% |
Cumberland Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Cumberland Pharmaceuticals stock prices and determine the direction of Cumberland Pharmaceuticals's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Cumberland Pharmaceuticals' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Cumberland Pharmaceuticals' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Cumberland Pharmaceuticals' systematic risk associated with finding meaningful patterns of Cumberland Pharmaceuticals fundamentals over time.
Check out Historical Fundamental Analysis of Cumberland Pharmaceuticals to cross-verify your projections. Cumberland |
Open Interest Against 2024-05-17 Cumberland Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Cumberland Pharmaceuticals' 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 Cumberland Pharmaceuticals' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Cumberland Pharmaceuticals 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 Cumberland Pharmaceuticals' open interest, investors have to compare it to Cumberland Pharmaceuticals' 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 Cumberland Pharmaceuticals 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 Cumberland. 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 Cumberland Pharmaceuticals 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 Cumberland Pharmaceuticals' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Cumberland Pharmaceuticals' 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.| Previous Price Action Indicator | Price Action Indicator | Trend |
| (0.04) | (0.01) |
| Check Cumberland Pharmaceuticals Volatility | Backtest Cumberland Pharmaceuticals | Information Ratio |
Cumberland Pharmaceuticals Trading Date Momentum
| On April 23 2024 Cumberland Pharmaceuticals was traded for 1.62 at the closing time. The top price for the day was 1.67 and the lowest listed price was 1.62 . There was no trading activity during the period 0.0. Lack of trading volume on April 23, 2024 did not affect price variability. The overall trading delta against the current closing price is 1.85% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Cumberland Pharmaceuticals to competition |
Other Forecasting Options for Cumberland Pharmaceuticals
For every potential investor in Cumberland, whether a beginner or expert, Cumberland Pharmaceuticals' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Cumberland Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Cumberland. Basic forecasting techniques help filter out the noise by identifying Cumberland Pharmaceuticals' price trends.Cumberland Pharmaceuticals 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 Cumberland Pharmaceuticals stock to make a market-neutral strategy. Peer analysis of Cumberland Pharmaceuticals could also be used in its relative valuation, which is a method of valuing Cumberland Pharmaceuticals by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Cumberland Pharmaceuticals 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 Cumberland Pharmaceuticals' 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 Cumberland Pharmaceuticals' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Cumberland Pharmaceuticals Market Strength Events
Market strength indicators help investors to evaluate how Cumberland Pharmaceuticals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cumberland Pharmaceuticals shares will generate the highest return on investment. By undertsting and applying Cumberland Pharmaceuticals stock market strength indicators, traders can identify Cumberland Pharmaceuticals entry and exit signals to maximize returns.
Cumberland Pharmaceuticals Risk Indicators
The analysis of Cumberland Pharmaceuticals' 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 Cumberland Pharmaceuticals' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cumberland 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 | 2.81 | |||
| Standard Deviation | 3.69 | |||
| Variance | 13.6 |
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 Cumberland Pharmaceuticals
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 Cumberland Pharmaceuticals 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 Cumberland Pharmaceuticals will appreciate offsetting losses from the drop in the long position's value.Moving together with Cumberland Stock
| 0.68 | EGRX | Eagle Pharmaceuticals | PairCorr |
Moving against Cumberland Stock
| 0.8 | DYAI | Dyadic International Financial Report 8th of May 2024 | PairCorr |
| 0.76 | ERNA | Eterna Therapeutics | PairCorr |
| 0.61 | ELYM | Eliem Therapeutics | PairCorr |
| 0.56 | OPT | Opthea | PairCorr |
| 0.44 | A | Agilent Technologies Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Cumberland Pharmaceuticals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cumberland Pharmaceuticals 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 Cumberland Pharmaceuticals - 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 Cumberland Pharmaceuticals to buy it.
The correlation of Cumberland Pharmaceuticals 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 Cumberland Pharmaceuticals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cumberland Pharmaceuticals 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 Cumberland Pharmaceuticals 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 Cumberland Pharmaceuticals to cross-verify your projections. For more information on how to buy Cumberland Stock please use our How to Invest in Cumberland Pharmaceuticals guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Cumberland Stock analysis
When running Cumberland Pharmaceuticals' price analysis, check to measure Cumberland Pharmaceuticals' 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 Cumberland Pharmaceuticals is operating at the current time. Most of Cumberland Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Cumberland Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cumberland Pharmaceuticals' price. Additionally, you may evaluate how the addition of Cumberland Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.
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Is Cumberland Pharmaceuticals' 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 Cumberland Pharmaceuticals. If investors know Cumberland 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 Cumberland Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.44) | Revenue Per Share 2.766 | Quarterly Revenue Growth 0.025 | Return On Assets (0.04) | Return On Equity (0.19) |
The market value of Cumberland Pharmaceuticals is measured differently than its book value, which is the value of Cumberland that is recorded on the company's balance sheet. Investors also form their own opinion of Cumberland Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Cumberland Pharmaceuticals' 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 Cumberland Pharmaceuticals' market value can be influenced by many factors that don't directly affect Cumberland Pharmaceuticals' 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 Cumberland Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cumberland Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cumberland Pharmaceuticals' 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.