BioLight Life Stock Forecast - Accumulation Distribution
| BOLT Stock | ILS 375.10 25.30 7.23% |
BioLight Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast BioLight Life stock prices and determine the direction of BioLight Life Sciences's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of BioLight Life's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of BioLight Life to cross-verify your projections. BioLight |
Most investors in BioLight Life 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 BioLight Life's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets BioLight Life's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which BioLight Life is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of BioLight Life Sciences to determine if accumulation or reduction is taking place in the market. This value is adjusted by BioLight Life trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 41.21 | 39.24 |
| Check BioLight Life Volatility | Backtest BioLight Life | Trend Details |
BioLight Life Trading Date Momentum
| On January 18 2024 BioLight Life Sciences was traded for 495.50 at the closing time. The highest price during the trading period was 495.50 and the lowest recorded bid was listed for 476.00 . The volume for the day was 320. This history from January 18, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 4.32% . The overall trading delta to the current price is 0.23% . |
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 BioLight Life to competition |
Other Forecasting Options for BioLight Life
For every potential investor in BioLight, whether a beginner or expert, BioLight Life's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. BioLight Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in BioLight. Basic forecasting techniques help filter out the noise by identifying BioLight Life's price trends.BioLight Life 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 BioLight Life stock to make a market-neutral strategy. Peer analysis of BioLight Life could also be used in its relative valuation, which is a method of valuing BioLight Life by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
BioLight Life Sciences 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 BioLight Life'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 BioLight Life's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
BioLight Life Market Strength Events
Market strength indicators help investors to evaluate how BioLight Life stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BioLight Life shares will generate the highest return on investment. By undertsting and applying BioLight Life stock market strength indicators, traders can identify BioLight Life Sciences entry and exit signals to maximize returns.
BioLight Life Risk Indicators
The analysis of BioLight Life'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 BioLight Life's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting biolight 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 | 2.42 | |||
| Standard Deviation | 3.46 | |||
| Variance | 12.0 |
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.
Pair Trading with BioLight Life
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BioLight Life position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BioLight Life will appreciate offsetting losses from the drop in the long position's value.Moving together with BioLight Stock
| 0.68 | INBR | Inbar Group Finance | PairCorr |
Moving against BioLight Stock
| 0.82 | NXTG | Nextage Therapeutics | PairCorr |
| 0.74 | GKL | Global Knafaim Leasing | PairCorr |
| 0.51 | ICB | Israel China Biotech | PairCorr |
The ability to find closely correlated positions to BioLight Life could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BioLight Life when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BioLight Life - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BioLight Life Sciences to buy it.
The correlation of BioLight Life is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BioLight Life moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BioLight Life Sciences moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BioLight Life can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of BioLight Life to cross-verify your projections. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for BioLight Stock analysis
When running BioLight Life's price analysis, check to measure BioLight Life'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 BioLight Life is operating at the current time. Most of BioLight Life's value examination focuses on studying past and present price action to predict the probability of BioLight Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BioLight Life's price. Additionally, you may evaluate how the addition of BioLight Life to your portfolios can decrease your overall portfolio volatility.
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