Opthea Stock Forecast - Price Action Indicator
| OPT Stock | USD 3.69 0.36 10.81% |
Opthea Stock Forecast is based on your current time horizon.
Opthea |
| Check Opthea Volatility | Backtest Opthea | Information Ratio |
Opthea Trading Date Momentum
| On December 02 2024 Opthea was traded for 3.69 at the closing time. Highest Opthea's price during the trading hours was 3.69 and the lowest price during the day was 3.31 . There was no trading activity during the period 0.0. Lack of trading volume on the 2nd of December did not cause price change. The trading delta at closing time to current price is 10.30% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Opthea to competition |
Other Forecasting Options for Opthea
For every potential investor in Opthea, whether a beginner or expert, Opthea's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Opthea Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Opthea. Basic forecasting techniques help filter out the noise by identifying Opthea's price trends.Opthea 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 Opthea stock to make a market-neutral strategy. Peer analysis of Opthea could also be used in its relative valuation, which is a method of valuing Opthea by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Opthea 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 Opthea'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 Opthea's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Opthea Market Strength Events
Market strength indicators help investors to evaluate how Opthea stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Opthea shares will generate the highest return on investment. By undertsting and applying Opthea stock market strength indicators, traders can identify Opthea entry and exit signals to maximize returns.
Opthea Risk Indicators
The analysis of Opthea'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 Opthea's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting opthea 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 | 3.21 | |||
| Semi Deviation | 3.83 | |||
| Standard Deviation | 4.53 | |||
| Variance | 20.56 | |||
| Downside Variance | 18.28 | |||
| Semi Variance | 14.71 | |||
| Expected Short fall | (3.73) |
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
Explore Investment Opportunities
Additional Tools for Opthea Stock Analysis
When running Opthea's price analysis, check to measure Opthea'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 Opthea is operating at the current time. Most of Opthea's value examination focuses on studying past and present price action to predict the probability of Opthea's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Opthea's price. Additionally, you may evaluate how the addition of Opthea to your portfolios can decrease your overall portfolio volatility.