Black Diamond Stock Forecast - Accumulation Distribution
| BDTX Stock | USD 5.04 0.07 1.41% |
Black Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Black Diamond stock prices and determine the direction of Black Diamond Therapeutics's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Black Diamond's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Black Diamond's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Black Diamond's systematic risk associated with finding meaningful patterns of Black Diamond fundamentals over time.
Check out Historical Fundamental Analysis of Black Diamond to cross-verify your projections. Black |
Open Interest Against 2024-06-21 Black Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Black Diamond'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 Black Diamond's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Black Diamond 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 Black Diamond's open interest, investors have to compare it to Black Diamond'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 Black Diamond 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 Black. 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 Black Diamond 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 Black Diamond's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Black Diamond's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Black Diamond is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Black Diamond Therapeutics to determine if accumulation or reduction is taking place in the market. This value is adjusted by Black Diamond trading volume to give more weight to distributions with higher volume over lower volume.| Check Black Diamond Volatility | Backtest Black Diamond | Information Ratio |
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 Black Diamond to competition |
Other Forecasting Options for Black Diamond
For every potential investor in Black, whether a beginner or expert, Black Diamond's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Black Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Black. Basic forecasting techniques help filter out the noise by identifying Black Diamond's price trends.Black Diamond 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 Black Diamond stock to make a market-neutral strategy. Peer analysis of Black Diamond could also be used in its relative valuation, which is a method of valuing Black Diamond by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Black Diamond Therap 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 Black Diamond'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 Black Diamond's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Black Diamond Market Strength Events
Market strength indicators help investors to evaluate how Black Diamond stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Black Diamond shares will generate the highest return on investment. By undertsting and applying Black Diamond stock market strength indicators, traders can identify Black Diamond Therapeutics entry and exit signals to maximize returns.
Black Diamond Risk Indicators
The analysis of Black Diamond'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 Black Diamond's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting black 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 | 4.47 | |||
| Semi Deviation | 4.77 | |||
| Standard Deviation | 5.74 | |||
| Variance | 32.99 | |||
| Downside Variance | 23.45 | |||
| Semi Variance | 22.75 | |||
| Expected Short fall | (5.13) |
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.
Also Currently Popular
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.When determining whether Black Diamond Therap offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Black Diamond'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 Black Diamond Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Black Diamond Therapeutics Stock:Check out Historical Fundamental Analysis of Black Diamond to cross-verify your projections. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Black Stock analysis
When running Black Diamond's price analysis, check to measure Black Diamond'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 Black Diamond is operating at the current time. Most of Black Diamond's value examination focuses on studying past and present price action to predict the probability of Black Diamond's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Black Diamond's price. Additionally, you may evaluate how the addition of Black Diamond to your portfolios can decrease your overall portfolio volatility.
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Is Black Diamond'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 Black Diamond. If investors know Black 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 Black Diamond listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.66) | Return On Assets (0.38) | Return On Equity (0.79) |
The market value of Black Diamond Therap is measured differently than its book value, which is the value of Black that is recorded on the company's balance sheet. Investors also form their own opinion of Black Diamond's value that differs from its market value or its book value, called intrinsic value, which is Black Diamond'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 Black Diamond's market value can be influenced by many factors that don't directly affect Black Diamond'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 Black Diamond's value and its price as these two are different measures arrived at by different means. Investors typically determine if Black Diamond is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Black Diamond'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.