Teva Pharmaceutical Stock Forecast - Price Action Indicator
| TEV Stock | EUR 21.40 0.00 0.00% |
Teva Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Teva Pharmaceutical's historical fundamentals, such as revenue growth or operating cash flow patterns.
Teva |
| Check Teva Pharmaceutical Volatility | Backtest Teva Pharmaceutical | Trend Details |
Teva Pharmaceutical Trading Date Momentum
| On December 19 2024 Teva Pharmaceutical Industries was traded for 20.50 at the closing time. The highest daily price throughout the period was 20.60 and the lowest price was 19.70 . The daily volume was 7.7 K. The net trading volume on 12/19/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.97% . The trading price change to current closing price is 1.45% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Teva Pharmaceutical 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 Teva Pharmaceutical stock to make a market-neutral strategy. Peer analysis of Teva Pharmaceutical could also be used in its relative valuation, which is a method of valuing Teva Pharmaceutical by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Teva Pharmaceutical Market Strength Events
Market strength indicators help investors to evaluate how Teva Pharmaceutical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Teva Pharmaceutical shares will generate the highest return on investment. By undertsting and applying Teva Pharmaceutical stock market strength indicators, traders can identify Teva Pharmaceutical Industries entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0274 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 21.6 | |||
| Day Typical Price | 21.53 | |||
| Market Facilitation Index | 0.6 | |||
| Price Action Indicator | (0.20) |
Teva Pharmaceutical Risk Indicators
The analysis of Teva Pharmaceutical'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 Teva Pharmaceutical's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting teva 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 | 1.96 | |||
| Semi Deviation | 1.5 | |||
| Standard Deviation | 3.68 | |||
| Variance | 13.53 | |||
| Downside Variance | 3.52 | |||
| Semi Variance | 2.26 | |||
| Expected Short fall | (2.65) |
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.
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Other Information on Investing in Teva Stock
Teva Pharmaceutical financial ratios help investors to determine whether Teva Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Teva with respect to the benefits of owning Teva Pharmaceutical security.