Trevena Stock Forecast - Variance
| TRVN Stock | USD 0.37 0.03 8.50% |
Trevena Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Trevena stock prices and determine the direction of Trevena's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Trevena's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Trevena's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Trevena's systematic risk associated with finding meaningful patterns of Trevena fundamentals over time.
Check out Historical Fundamental Analysis of Trevena to cross-verify your projections. Trevena |
Open Interest Against 2024-04-19 Trevena Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Trevena'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 Trevena's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Trevena stock based on available contracts left at the end of a trading day.
No Open InterestPlease note that to derive more accurate forecasting about market movement from the current Trevena's open interest, investors have to compare it to Trevena'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 Trevena 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 Trevena. 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 Trevena 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 Trevena's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Trevena's price structures and extracts relationships that further increase the generated results' accuracy.
| Previous Variance | Variance | Trend |
| 0 | 0 |
| Check Trevena Volatility | Backtest Trevena | Information Ratio |
Trevena Trading Date Momentum
| On April 18 2024 Trevena was traded for 0.37 at the closing time. The top price for the day was 0.43 and the lowest listed price was 0.36 . The trading volume for the day was 1.2 M. The trading history from April 18, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 9.29% . |
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Other Forecasting Options for Trevena
For every potential investor in Trevena, whether a beginner or expert, Trevena's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Trevena Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Trevena. Basic forecasting techniques help filter out the noise by identifying Trevena's price trends.Trevena 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 Trevena stock to make a market-neutral strategy. Peer analysis of Trevena could also be used in its relative valuation, which is a method of valuing Trevena by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Trevena 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 Trevena'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 Trevena's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Trevena Market Strength Events
Market strength indicators help investors to evaluate how Trevena stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Trevena shares will generate the highest return on investment. By undertsting and applying Trevena stock market strength indicators, traders can identify Trevena entry and exit signals to maximize returns.
Trevena Risk Indicators
The analysis of Trevena'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 Trevena's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting trevena 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 | 2.74 | |||
| Standard Deviation | 3.58 | |||
| Variance | 12.81 |
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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When determining whether Trevena offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Trevena's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Trevena Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Trevena Stock:Check out Historical Fundamental Analysis of Trevena to cross-verify your projections. To learn how to invest in Trevena Stock, please use our How to Invest in Trevena guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Trevena Stock analysis
When running Trevena's price analysis, check to measure Trevena'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 Trevena is operating at the current time. Most of Trevena's value examination focuses on studying past and present price action to predict the probability of Trevena's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trevena's price. Additionally, you may evaluate how the addition of Trevena to your portfolios can decrease your overall portfolio volatility.
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Is Trevena'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 Trevena. If investors know Trevena 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 Trevena listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.16) | Revenue Per Share 0.245 | Quarterly Revenue Growth (0.70) | Return On Assets (0.49) | Return On Equity (10.15) |
The market value of Trevena is measured differently than its book value, which is the value of Trevena that is recorded on the company's balance sheet. Investors also form their own opinion of Trevena's value that differs from its market value or its book value, called intrinsic value, which is Trevena'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 Trevena's market value can be influenced by many factors that don't directly affect Trevena'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 Trevena's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trevena is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trevena'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.