Exelixis Stock Forecast - Information Ratio
| EXEL Stock | USD 35.59 0.87 2.39% |
Exelixis Stock Forecast is based on your current time horizon. Although Exelixis' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Exelixis' systematic risk associated with finding meaningful patterns of Exelixis fundamentals over time.
Exelixis |
Open Interest Against 2024-12-20 Exelixis Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Exelixis' 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 Exelixis' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Exelixis 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 Exelixis' open interest, investors have to compare it to Exelixis' 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 Exelixis 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 Exelixis. 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.
| Check Exelixis Volatility | Backtest Exelixis | Information Ratio |
Exelixis Trading Date Momentum
| On December 02 2024 Exelixis was traded for 35.59 at the closing time. The top price for the day was 36.44 and the lowest listed price was 35.52 . The trading volume for the day was 2 M. The trading history from December 2, 2024 did not affect price variability. The overall trading delta against the current closing price is 2.36% . |
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Other Forecasting Options for Exelixis
For every potential investor in Exelixis, whether a beginner or expert, Exelixis' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Exelixis Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Exelixis. Basic forecasting techniques help filter out the noise by identifying Exelixis' price trends.View Exelixis Related Equities
| Risk & Return | Correlation |
Exelixis 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 Exelixis' 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 Exelixis' current price.| Cycle Indicators | ||
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Exelixis Market Strength Events
Market strength indicators help investors to evaluate how Exelixis stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Exelixis shares will generate the highest return on investment. By undertsting and applying Exelixis stock market strength indicators, traders can identify Exelixis entry and exit signals to maximize returns.
| Accumulation Distribution | 51715.46 | |||
| Daily Balance Of Power | (0.95) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 35.98 | |||
| Day Typical Price | 35.85 | |||
| Price Action Indicator | (0.82) | |||
| Period Momentum Indicator | (0.87) |
Exelixis Risk Indicators
The analysis of Exelixis' 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 Exelixis' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting exelixis 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 | 1.47 | |||
| Semi Deviation | 0.8784 | |||
| Standard Deviation | 2.35 | |||
| Variance | 5.53 | |||
| Downside Variance | 1.8 | |||
| Semi Variance | 0.7715 | |||
| Expected Short fall | (1.79) |
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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Is Biotechnology space 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 Exelixis. If investors know Exelixis 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 Exelixis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 121.699 | Earnings Share 1.55 | Revenue Per Share 7.032 | Quarterly Revenue Growth 0.143 | Return On Assets 0.1281 |
The market value of Exelixis is measured differently than its book value, which is the value of Exelixis that is recorded on the company's balance sheet. Investors also form their own opinion of Exelixis' value that differs from its market value or its book value, called intrinsic value, which is Exelixis' 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 Exelixis' market value can be influenced by many factors that don't directly affect Exelixis' 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 Exelixis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Exelixis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exelixis' 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.