DBV Technologies Stock Forecast - Relative Strength Index
| DBVT Stock | USD 0.59 0.03 5.36% |
DBV Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast DBV Technologies stock prices and determine the direction of DBV Technologies's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of DBV Technologies' historical fundamentals, such as revenue growth or operating cash flow patterns. Although DBV Technologies' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of DBV Technologies' systematic risk associated with finding meaningful patterns of DBV Technologies fundamentals over time.
Check out Historical Fundamental Analysis of DBV Technologies to cross-verify your projections. DBV |
Open Interest Against 2024-06-21 DBV Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast DBV Technologies' 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 DBV Technologies' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for DBV Technologies 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 DBV Technologies' open interest, investors have to compare it to DBV Technologies' 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 DBV Technologies 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 DBV. 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 DBV Technologies 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 DBV Technologies' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets DBV Technologies' price structures and extracts relationships that further increase the generated results' accuracy.
| Previous Relative Strength Index | Relative Strength Index | Trend |
| 40.34 | 40.34 |
| Check DBV Technologies Volatility | Backtest DBV Technologies | Information Ratio |
DBV Technologies Trading Date Momentum
| On June 03 2024 DBV Technologies was traded for 0.59 at the closing time. The top price for the day was 0.60 and the lowest listed price was 0.56 . The trading volume for the day was 449.8 K. The trading history from June 3, 2024 did not affect price variability. The overall trading delta against the current closing price is 1.69% . |
| Compare DBV Technologies to competition |
Other Forecasting Options for DBV Technologies
For every potential investor in DBV, whether a beginner or expert, DBV Technologies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. DBV Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in DBV. Basic forecasting techniques help filter out the noise by identifying DBV Technologies' price trends.DBV Technologies 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 DBV Technologies stock to make a market-neutral strategy. Peer analysis of DBV Technologies could also be used in its relative valuation, which is a method of valuing DBV Technologies by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
DBV Technologies 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 DBV Technologies' 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 DBV Technologies' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
DBV Technologies Market Strength Events
Market strength indicators help investors to evaluate how DBV Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DBV Technologies shares will generate the highest return on investment. By undertsting and applying DBV Technologies stock market strength indicators, traders can identify DBV Technologies entry and exit signals to maximize returns.
DBV Technologies Risk Indicators
The analysis of DBV Technologies' 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 DBV Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dbv 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 | 2.68 | |||
| Standard Deviation | 3.88 | |||
| Variance | 15.09 |
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 DBV Technologies
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 DBV Technologies 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 DBV Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with DBV Stock
Moving against DBV Stock
| 0.92 | VRCA | Verrica Pharmaceuticals | PairCorr |
| 0.84 | DSGN | Design Therapeutics | PairCorr |
| 0.74 | ELDN | Eledon Pharmaceuticals | PairCorr |
The ability to find closely correlated positions to DBV Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DBV Technologies 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 DBV Technologies - 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 DBV Technologies to buy it.
The correlation of DBV Technologies 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 DBV Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DBV Technologies 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 DBV Technologies 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.Additional Tools for DBV Stock Analysis
When running DBV Technologies' price analysis, check to measure DBV Technologies' 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 DBV Technologies is operating at the current time. Most of DBV Technologies' value examination focuses on studying past and present price action to predict the probability of DBV Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DBV Technologies' price. Additionally, you may evaluate how the addition of DBV Technologies to your portfolios can decrease your overall portfolio volatility.