Fulgent Genetics Stock Forecast - Accumulation Distribution
| FLGT Stock | USD 20.74 0.10 0.48% |
Fulgent Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Fulgent Genetics stock prices and determine the direction of Fulgent Genetics's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Fulgent Genetics' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Fulgent Genetics' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Fulgent Genetics' systematic risk associated with finding meaningful patterns of Fulgent Genetics fundamentals over time.
Check out Historical Fundamental Analysis of Fulgent Genetics to cross-verify your projections. Fulgent |
Open Interest Against 2024-05-17 Fulgent Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Fulgent Genetics' 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 Fulgent Genetics' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Fulgent Genetics 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 Fulgent Genetics' open interest, investors have to compare it to Fulgent Genetics' 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 Fulgent Genetics 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 Fulgent. 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 Fulgent Genetics 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 Fulgent Genetics' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Fulgent Genetics' price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Fulgent Genetics is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Fulgent Genetics to determine if accumulation or reduction is taking place in the market. This value is adjusted by Fulgent Genetics trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 3700.45 | 0.0257 |
| Check Fulgent Genetics Volatility | Backtest Fulgent Genetics | Information Ratio |
Fulgent Genetics Trading Date Momentum
| On April 24 2024 Fulgent Genetics was traded for 20.74 at the closing time. The top price for the day was 21.05 and the lowest listed price was 20.51 . There was no trading activity during the period 0.0. Lack of trading volume on April 24, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.48% . |
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 Fulgent Genetics to competition |
Other Forecasting Options for Fulgent Genetics
For every potential investor in Fulgent, whether a beginner or expert, Fulgent Genetics' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Fulgent Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Fulgent. Basic forecasting techniques help filter out the noise by identifying Fulgent Genetics' price trends.Fulgent Genetics 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 Fulgent Genetics stock to make a market-neutral strategy. Peer analysis of Fulgent Genetics could also be used in its relative valuation, which is a method of valuing Fulgent Genetics by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Fulgent Genetics 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 Fulgent Genetics' 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 Fulgent Genetics' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Fulgent Genetics Market Strength Events
Market strength indicators help investors to evaluate how Fulgent Genetics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fulgent Genetics shares will generate the highest return on investment. By undertsting and applying Fulgent Genetics stock market strength indicators, traders can identify Fulgent Genetics entry and exit signals to maximize returns.
Fulgent Genetics Risk Indicators
The analysis of Fulgent Genetics' 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 Fulgent Genetics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fulgent 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 | 1.72 | |||
| Standard Deviation | 2.3 | |||
| Variance | 5.27 |
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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Fulgent Genetics to cross-verify your projections. For more information on how to buy Fulgent Stock please use our How to Invest in Fulgent Genetics guide.Note that the Fulgent Genetics information on this page should be used as a complementary analysis to other Fulgent Genetics' 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Fulgent Stock analysis
When running Fulgent Genetics' price analysis, check to measure Fulgent Genetics' 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 Fulgent Genetics is operating at the current time. Most of Fulgent Genetics' value examination focuses on studying past and present price action to predict the probability of Fulgent Genetics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fulgent Genetics' price. Additionally, you may evaluate how the addition of Fulgent Genetics to your portfolios can decrease your overall portfolio volatility.
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |
Is Fulgent Genetics' 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 Fulgent Genetics. If investors know Fulgent 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 Fulgent Genetics 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 (0.99) | Earnings Share (5.63) | Revenue Per Share 9.71 | Quarterly Revenue Growth 0.041 | Return On Assets (0.03) |
The market value of Fulgent Genetics is measured differently than its book value, which is the value of Fulgent that is recorded on the company's balance sheet. Investors also form their own opinion of Fulgent Genetics' value that differs from its market value or its book value, called intrinsic value, which is Fulgent Genetics' 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 Fulgent Genetics' market value can be influenced by many factors that don't directly affect Fulgent Genetics' 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 Fulgent Genetics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fulgent Genetics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fulgent Genetics' 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.