Alx Oncology Holdings Stock Momentum Indicators Plus Directional Indicator

ALXO Stock  USD 13.77  0.02  0.15%   
Alx Oncology momentum indicators tool provides the execution environment for running the Plus Directional Indicator indicator and other technical functions against Alx Oncology. Alx Oncology 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 momentum indicators indicators. As with most other technical indicators, the Plus Directional Indicator indicator function is designed to identify and follow existing trends. Momentum indicators of Alx Oncology are pattern recognition functions that provide distinct formation on Alx Oncology potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Plus Directional Indicator describes the rate of positive changes that contributes to the overall Alx Oncology Holdings price trend.

Alx Oncology Technical Analysis Modules

Most technical analysis of Alx Oncology 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 Alx from various momentum indicators to cycle indicators. When you analyze Alx 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 Alx Oncology 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 Alx Oncology Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Alx Oncology Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Alx Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Alx Oncology's daily price indicators and compare them against related drivers, such as momentum indicators 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 Alx Oncology's intrinsic value. In addition to deriving basic predictive indicators for Alx Oncology, we also check how macroeconomic factors affect Alx Oncology price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Current Ratio24.09.575.244.98
Net Debt To EBITDA4.352.140.03070.0292
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Alx Oncology's 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.
Hype
Prediction
LowEstimatedHigh
8.5813.7919.00
Details
Intrinsic
Valuation
LowRealHigh
9.1914.4019.61
Details
Naive
Forecast
LowNextHigh
7.8213.0318.24
Details
7 Analysts
Consensus
LowTargetHigh
15.5317.0718.95
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Alx Oncology. Your research has to be compared to or analyzed against Alx Oncology's peers to derive any actionable benefits. When done correctly, Alx Oncology's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Alx Oncology Holdings.

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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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Macroaxis Index Idea
Macroaxis Index
Invested over 90 shares
When determining whether Alx Oncology Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alx Oncology'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 Alx Oncology Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alx Oncology Holdings Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alx Oncology Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the Stocks Directory module to find actively traded stocks across global markets.

Complementary Tools for Alx Stock analysis

When running Alx Oncology's price analysis, check to measure Alx Oncology'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 Alx Oncology is operating at the current time. Most of Alx Oncology's value examination focuses on studying past and present price action to predict the probability of Alx Oncology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alx Oncology's price. Additionally, you may evaluate how the addition of Alx Oncology to your portfolios can decrease your overall portfolio volatility.
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Fundamental Analysis
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Is Alx Oncology'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 Alx Oncology. If investors know Alx 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 Alx Oncology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.71)
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.45)
Return On Equity
(0.82)
The market value of Alx Oncology Holdings is measured differently than its book value, which is the value of Alx that is recorded on the company's balance sheet. Investors also form their own opinion of Alx Oncology's value that differs from its market value or its book value, called intrinsic value, which is Alx Oncology'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 Alx Oncology's market value can be influenced by many factors that don't directly affect Alx Oncology'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 Alx Oncology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alx Oncology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alx Oncology'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.