Applied DNA Stock Forecast - Daily Balance Of Power
| APDN Stock | USD 0.22 0.02 10.00% |
Applied Stock Forecast is based on your current time horizon. Although Applied DNA's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Applied DNA's systematic risk associated with finding meaningful patterns of Applied DNA fundamentals over time.
Applied |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 1.0 | (1.00) |
| Check Applied DNA Volatility | Backtest Applied DNA | Trend Details |
Applied DNA Trading Date Momentum
| On November 05 2024 Applied DNA Sciences was traded for 0.19 at the closing time. The top price for the day was 0.19 and the lowest listed price was 0.18 . The trading volume for the day was 2.1 M. The trading history from November 5, 2024 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 5.56% . The overall trading delta against the current closing price is 5.56% . |
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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Other Forecasting Options for Applied DNA
For every potential investor in Applied, whether a beginner or expert, Applied DNA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Applied Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Applied. Basic forecasting techniques help filter out the noise by identifying Applied DNA's price trends.View Applied DNA Related Equities
| Risk & Return | Correlation |
Applied DNA Sciences 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 Applied DNA'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 Applied DNA's current price.| Cycle Indicators | ||
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| Volume Indicators |
Applied DNA Market Strength Events
Market strength indicators help investors to evaluate how Applied DNA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Applied DNA shares will generate the highest return on investment. By undertsting and applying Applied DNA stock market strength indicators, traders can identify Applied DNA Sciences entry and exit signals to maximize returns.
| Accumulation Distribution | 0.16 | |||
| Daily Balance Of Power | 0.5 | |||
| Rate Of Daily Change | 1.1 | |||
| Day Median Price | 0.23 | |||
| Day Typical Price | 0.23 | |||
| Market Facilitation Index | 0.04 | |||
| Period Momentum Indicator | 0.02 |
Applied DNA Risk Indicators
The analysis of Applied DNA'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 Applied DNA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting applied 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 | 7.15 | |||
| Standard Deviation | 11.37 | |||
| Variance | 129.33 |
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.
Pair Trading with Applied DNA
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Applied DNA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Applied DNA will appreciate offsetting losses from the drop in the long position's value.Moving against Applied Stock
| 0.87 | JBL | Jabil Circuit | PairCorr |
| 0.8 | HPE | Hewlett Packard Ente | PairCorr |
| 0.75 | CLS | Celestica Buyout Trend | PairCorr |
| 0.74 | ZBRA | Zebra Technologies | PairCorr |
| 0.73 | MSI | Motorola Solutions | PairCorr |
The ability to find closely correlated positions to Applied DNA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Applied DNA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Applied DNA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Applied DNA Sciences to buy it.
The correlation of Applied DNA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Applied DNA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Applied DNA Sciences moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Applied DNA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Applied DNA to cross-verify your projections. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Electronic Equipment, Instruments & Components 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 Applied DNA. If investors know Applied 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 Applied DNA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.53) | Revenue Per Share 2.202 | Quarterly Revenue Growth (0.73) | Return On Assets (0.57) | Return On Equity (0.76) |
The market value of Applied DNA Sciences is measured differently than its book value, which is the value of Applied that is recorded on the company's balance sheet. Investors also form their own opinion of Applied DNA's value that differs from its market value or its book value, called intrinsic value, which is Applied DNA's 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 Applied DNA's market value can be influenced by many factors that don't directly affect Applied DNA's 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 Applied DNA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Applied DNA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Applied DNA's 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.