FibroGen Stock Forecast - Information Ratio
| FGEN Stock | USD 1.17 0.10 7.87% |
FibroGen Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast FibroGen stock prices and determine the direction of FibroGen's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of FibroGen's historical fundamentals, such as revenue growth or operating cash flow patterns. Although FibroGen's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of FibroGen's systematic risk associated with finding meaningful patterns of FibroGen fundamentals over time.
Check out Historical Fundamental Analysis of FibroGen to cross-verify your projections. FibroGen |
Open Interest Against 2024-04-19 FibroGen Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast FibroGen'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 FibroGen's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for FibroGen 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 FibroGen's open interest, investors have to compare it to FibroGen'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 FibroGen 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 FibroGen. 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 FibroGen 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 FibroGen's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets FibroGen's price structures and extracts relationships that further increase the generated results' accuracy.
| Check FibroGen Volatility | Backtest FibroGen | Information Ratio |
FibroGen Trading Date Momentum
| On April 19 2024 FibroGen was traded for 1.17 at the closing time. The top price for the day was 1.29 and the lowest listed price was 1.14 . There was no trading activity during the period 0.0. Lack of trading volume on April 19, 2024 did not affect price variability. The overall trading delta against the current closing price is 7.69% . |
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Other Forecasting Options for FibroGen
For every potential investor in FibroGen, whether a beginner or expert, FibroGen's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. FibroGen Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in FibroGen. Basic forecasting techniques help filter out the noise by identifying FibroGen's price trends.View FibroGen Related Equities
| Risk & Return | Correlation |
FibroGen 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 FibroGen'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 FibroGen's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
FibroGen Market Strength Events
Market strength indicators help investors to evaluate how FibroGen stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FibroGen shares will generate the highest return on investment. By undertsting and applying FibroGen stock market strength indicators, traders can identify FibroGen entry and exit signals to maximize returns.
FibroGen Risk Indicators
The analysis of FibroGen'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 FibroGen's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fibrogen 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 | 8.26 | |||
| Semi Deviation | 9.39 | |||
| Standard Deviation | 13.83 | |||
| Variance | 191.39 | |||
| Downside Variance | 119.36 | |||
| Semi Variance | 88.11 | |||
| Expected Short fall | (8.87) |
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.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of FibroGen to cross-verify your projections. To learn how to invest in FibroGen Stock, please use our How to Invest in FibroGen guide.Note that the FibroGen information on this page should be used as a complementary analysis to other FibroGen'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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for FibroGen Stock analysis
When running FibroGen's price analysis, check to measure FibroGen'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 FibroGen is operating at the current time. Most of FibroGen's value examination focuses on studying past and present price action to predict the probability of FibroGen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FibroGen's price. Additionally, you may evaluate how the addition of FibroGen to your portfolios can decrease your overall portfolio volatility.
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Is FibroGen'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 FibroGen. If investors know FibroGen 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 FibroGen 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 0.536 | Earnings Share (2.92) | Revenue Per Share 1.518 | Quarterly Revenue Growth (0.21) | Return On Assets (0.36) |
The market value of FibroGen is measured differently than its book value, which is the value of FibroGen that is recorded on the company's balance sheet. Investors also form their own opinion of FibroGen's value that differs from its market value or its book value, called intrinsic value, which is FibroGen'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 FibroGen's market value can be influenced by many factors that don't directly affect FibroGen'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 FibroGen's value and its price as these two are different measures arrived at by different means. Investors typically determine if FibroGen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FibroGen'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.