Harmony Stock Math Operators Highest value over a specified period

HRMY -  USA Stock  

USD 42.67  0.77  1.84%

Harmony Biosciences math operators tool provides the execution environment for running the Highest value over a specified period operator and other technical functions against Harmony Biosciences. Harmony Biosciences value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of math operators indicators. As with most other technical indicators, the Highest value over a specified period operator function is designed to identify and follow existing trends and Brickell Biotech. Math Operators module provides interface to determine different price movement patterns of similar pairs of equity instruments such as Brickell Biotech and Harmony Biosciences. Please specify Time Period to run this model.
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The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Highest value over a specified period line plots max value of Harmony Biosciences price series. View also all equity analysis or get more info about highest value over a specified period math operators indicator.

Harmony Biosciences Technical Analysis Modules

Most technical analysis of Harmony Biosciences help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Harmony from various momentum indicators to cycle indicators. When you analyze Harmony charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Harmony Biosciences Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Harmony Biosciences Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Harmony Biosciences Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Harmony Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Harmony Biosciences's daily price indicators and compare them against related drivers, such as math operators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Harmony Biosciences's intrinsic value. In addition to deriving basic predictive indicators for Harmony Biosciences, we also check how macroeconomic factors affect Harmony Biosciences price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Harmony Biosciences' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Harmony Biosciences in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
38.0841.6345.18
Details
Intrinsic
Valuation
LowReal ValueHigh
42.3745.9249.47
Details
Naive
Forecast
LowNext ValueHigh
39.1242.6846.23
Details
3 Analysts
Consensus
LowTarget PriceHigh
54.0056.0057.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Harmony Biosciences. Your research has to be compared to or analyzed against Harmony Biosciences' peers to derive any actionable benefits. When done correctly, Harmony Biosciences' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Harmony Biosciences.

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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Harmony Biosciences pair trading

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 Harmony Biosciences 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 Harmony Biosciences will appreciate offsetting losses from the drop in the long position's value.

Harmony Biosciences Pair Trading

Harmony Biosciences Holdings Pair Trading Analysis

Correlation analysis and pair trading evaluation for Harmony Biosciences and Brickell Biotech. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Please check Risk vs Return Analysis. Note that the Harmony Biosciences information on this page should be used as a complementary analysis to other Harmony Biosciences' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Harmony Stock analysis

When running Harmony Biosciences price analysis, check to measure Harmony Biosciences' 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 Harmony Biosciences is operating at the current time. Most of Harmony Biosciences' value examination focuses on studying past and present price action to predict the probability of Harmony Biosciences' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Harmony Biosciences' price. Additionally, you may evaluate how the addition of Harmony Biosciences to your portfolios can decrease your overall portfolio volatility.
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The market value of Harmony Biosciences is measured differently than its book value, which is the value of Harmony that is recorded on the company's balance sheet. Investors also form their own opinion of Harmony Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Harmony Biosciences' 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 Harmony Biosciences' market value can be influenced by many factors that don't directly affect Harmony Biosciences underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Harmony Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine Harmony Biosciences value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harmony Biosciences' 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.