NervGen Pharma Stock Forecast - Accumulation Distribution

NGEN Stock  CAD 2.87  0.08  2.87%   
NervGen Stock Forecast is based on your current time horizon.
  
Payables Turnover is likely to climb to 0.28 in 2024. Common Stock Shares Outstanding is likely to drop to about 41.5 M in 2024. Net Loss is likely to climb to about (17.7 M) in 2024.
NervGen Pharma Corp has current Accumulation Distribution of 0.0519. The accumulation distribution (A/D) indicator shows the degree to which NervGen Pharma is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of NervGen Pharma Corp to determine if accumulation or reduction is taking place in the market. This value is adjusted by NervGen Pharma trading volume to give more weight to distributions with higher volume over lower volume.
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NervGen Pharma Trading Date Momentum

On November 30 2024 NervGen Pharma Corp was traded for  2.87  at the closing time. The maximum traded price for the trading interval was 2.89  and the lowest daily price was  2.74 . There was no trading activity during the period 0.0. Lack of trading volume on 30th of November 2024 did not cause price change. The trading delta at closing time to the closing price today is 3.48% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for NervGen Pharma

For every potential investor in NervGen, whether a beginner or expert, NervGen Pharma's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. NervGen Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in NervGen. Basic forecasting techniques help filter out the noise by identifying NervGen Pharma's price trends.

NervGen Pharma 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 NervGen Pharma stock to make a market-neutral strategy. Peer analysis of NervGen Pharma could also be used in its relative valuation, which is a method of valuing NervGen Pharma by comparing valuation metrics with similar companies.
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NervGen Pharma Corp 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 NervGen Pharma's 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 NervGen Pharma's current price.

NervGen Pharma Market Strength Events

Market strength indicators help investors to evaluate how NervGen Pharma stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NervGen Pharma shares will generate the highest return on investment. By undertsting and applying NervGen Pharma stock market strength indicators, traders can identify NervGen Pharma Corp entry and exit signals to maximize returns.

NervGen Pharma Risk Indicators

The analysis of NervGen Pharma'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 NervGen Pharma's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nervgen 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.
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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Additional Tools for NervGen Stock Analysis

When running NervGen Pharma's price analysis, check to measure NervGen Pharma'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 NervGen Pharma is operating at the current time. Most of NervGen Pharma's value examination focuses on studying past and present price action to predict the probability of NervGen Pharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NervGen Pharma's price. Additionally, you may evaluate how the addition of NervGen Pharma to your portfolios can decrease your overall portfolio volatility.