Delcath Systems Stock Forecast - Market Facilitation Index
| DCTH Stock | USD 4.87 0.08 1.62% |
Delcath Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Delcath Systems stock prices and determine the direction of Delcath Systems's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Delcath Systems' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Delcath Systems' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Delcath Systems' systematic risk associated with finding meaningful patterns of Delcath Systems fundamentals over time.
Check out Historical Fundamental Analysis of Delcath Systems to cross-verify your projections. Delcath |
Open Interest Against 2024-04-19 Delcath Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Delcath Systems' 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 Delcath Systems' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Delcath Systems 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 Delcath Systems' open interest, investors have to compare it to Delcath Systems' 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 Delcath Systems 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 Delcath. 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 Delcath Systems 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 Delcath Systems' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Delcath Systems' price structures and extracts relationships that further increase the generated results' accuracy.
Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume.| Check Delcath Systems Volatility | Backtest Delcath Systems | Information Ratio |
Delcath Systems Trading Date Momentum
| On April 15 2024 Delcath Systems was traded for 4.87 at the closing time. The top price for the day was 5.01 and the lowest listed price was 4.71 . The trading volume for the day was 182.2 K. The trading history from April 15, 2024 did not affect price variability. The overall trading delta against the current closing price is 1.64% . |
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
| Compare Delcath Systems to competition |
Other Forecasting Options for Delcath Systems
For every potential investor in Delcath, whether a beginner or expert, Delcath Systems' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Delcath Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Delcath. Basic forecasting techniques help filter out the noise by identifying Delcath Systems' price trends.Delcath Systems 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 Delcath Systems stock to make a market-neutral strategy. Peer analysis of Delcath Systems could also be used in its relative valuation, which is a method of valuing Delcath Systems by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Delcath Systems 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 Delcath Systems' 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 Delcath Systems' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Delcath Systems Market Strength Events
Market strength indicators help investors to evaluate how Delcath Systems stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Delcath Systems shares will generate the highest return on investment. By undertsting and applying Delcath Systems stock market strength indicators, traders can identify Delcath Systems entry and exit signals to maximize returns.
| Accumulation Distribution | 10909.94 | |||
| Daily Balance Of Power | (0.27) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 4.86 | |||
| Day Typical Price | 4.86 | |||
| Price Action Indicator | (0.03) | |||
| Period Momentum Indicator | (0.08) |
Delcath Systems Risk Indicators
The analysis of Delcath Systems' 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 Delcath Systems' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting delcath 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 | 2.48 | |||
| Semi Deviation | 2.61 | |||
| Standard Deviation | 3.46 | |||
| Variance | 11.94 | |||
| Downside Variance | 8.15 | |||
| Semi Variance | 6.8 | |||
| Expected Short fall | (2.97) |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Delcath Systems in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Delcath Systems' short interest history, or implied volatility extrapolated from Delcath Systems options trading.
Pair Trading with Delcath Systems
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 Delcath Systems 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 Delcath Systems will appreciate offsetting losses from the drop in the long position's value.Moving against Delcath Stock
| 0.58 | ACHC | Acadia Healthcare Financial Report 24th of April 2024 | PairCorr |
| 0.53 | NHC | National HealthCare | PairCorr |
| 0.49 | POAI | Predictive Oncology | PairCorr |
| 0.47 | NXGL | Nexgel Inc | PairCorr |
| 0.43 | LUCY | Innovative Eyewear | PairCorr |
The ability to find closely correlated positions to Delcath Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Delcath Systems 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 Delcath Systems - 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 Delcath Systems to buy it.
The correlation of Delcath Systems 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 Delcath Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Delcath Systems 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 Delcath Systems 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 Delcath Systems to cross-verify your projections. For more detail on how to invest in Delcath Stock please use our How to Invest in Delcath Systems guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Delcath Stock analysis
When running Delcath Systems' price analysis, check to measure Delcath Systems' 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 Delcath Systems is operating at the current time. Most of Delcath Systems' value examination focuses on studying past and present price action to predict the probability of Delcath Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Delcath Systems' price. Additionally, you may evaluate how the addition of Delcath Systems to your portfolios can decrease your overall portfolio volatility.
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Is Delcath Systems' 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 Delcath Systems. If investors know Delcath 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 Delcath Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.94) | Revenue Per Share 0.127 | Quarterly Revenue Growth (0.16) | Return On Assets (0.85) | Return On Equity (6.17) |
The market value of Delcath Systems is measured differently than its book value, which is the value of Delcath that is recorded on the company's balance sheet. Investors also form their own opinion of Delcath Systems' value that differs from its market value or its book value, called intrinsic value, which is Delcath Systems' 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 Delcath Systems' market value can be influenced by many factors that don't directly affect Delcath Systems' 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 Delcath Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Delcath Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Delcath Systems' 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.