Transgene Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Transgene stock prices and determine the direction of Transgene SA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Transgene's historical fundamentals, such as revenue growth or operating cash flow patterns.
Transgene
Transgene SA has current Day Typical Price of 1.24.
Most investors in Transgene 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 Transgene's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Transgene's price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
On June 11 2024 Transgene SA was traded for 1.23 at the closing time. The maximum traded price for the trading interval was 1.26 and the lowest daily price was 1.23 . The daily volume was recorded at 15.8 K. The volume of trading on 11th of June 2024 did not result in any price rise and fall. The trading price change to the closing price today is 1.63% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
For every potential investor in Transgene, whether a beginner or expert, Transgene's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Transgene Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Transgene. Basic forecasting techniques help filter out the noise by identifying Transgene's price trends.
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 Transgene stock to make a market-neutral strategy. Peer analysis of Transgene could also be used in its relative valuation, which is a method of valuing Transgene by comparing valuation metrics with similar companies.
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 Transgene'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 Transgene's current price.
Market strength indicators help investors to evaluate how Transgene stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Transgene shares will generate the highest return on investment. By undertsting and applying Transgene stock market strength indicators, traders can identify Transgene SA entry and exit signals to maximize returns.
The analysis of Transgene'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 Transgene's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting transgene 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.
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Transgene financial ratios help investors to determine whether Transgene Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Transgene with respect to the benefits of owning Transgene security.