Shockwave Medical Stock Forecast - Daily Balance Of Power
| SWAVDelisted Stock | USD 268.45 6.44 2.34% |
Shockwave Stock Forecast is based on your current time horizon.
Shockwave |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.55) | (0.55) |
| Check Shockwave Medical Volatility | Backtest Shockwave Medical | Information Ratio |
Shockwave Medical Trading Date Momentum
| On November 28 2024 Shockwave Medical was traded for 268.45 at the closing time. The top price for the day was 276.91 and the lowest listed price was 265.26 . There was no trading activity during the period 0.0. Lack of trading volume on November 28, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 2.40% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Shockwave Medical 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 Shockwave Medical stock to make a market-neutral strategy. Peer analysis of Shockwave Medical could also be used in its relative valuation, which is a method of valuing Shockwave Medical by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Shockwave Medical Market Strength Events
Market strength indicators help investors to evaluate how Shockwave Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shockwave Medical shares will generate the highest return on investment. By undertsting and applying Shockwave Medical stock market strength indicators, traders can identify Shockwave Medical entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0421 | |||
| Daily Balance Of Power | (0.55) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 271.09 | |||
| Day Typical Price | 270.21 | |||
| Market Facilitation Index | 11.65 | |||
| Price Action Indicator | (5.86) | |||
| Period Momentum Indicator | (6.44) |
Shockwave Medical Risk Indicators
The analysis of Shockwave Medical'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 Shockwave Medical's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shockwave 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 | 1.68 | |||
| Semi Deviation | 2.04 | |||
| Standard Deviation | 2.46 | |||
| Variance | 6.07 | |||
| Downside Variance | 4.35 | |||
| Semi Variance | 4.17 | |||
| Expected Short fall | (1.98) |
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.
Thematic Opportunities
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Other Consideration for investing in Shockwave Stock
If you are still planning to invest in Shockwave Medical check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Shockwave Medical's history and understand the potential risks before investing.
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