Augmedix Stock Forecast - Daily Balance Of Power
| AUGXDelisted Stock | USD 2.35 0.00 0.00% |
Augmedix Stock Forecast is based on your current time horizon.
Augmedix |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.5278 | (0.50) |
| Check Augmedix Volatility | Backtest Augmedix | Trend Details |
Augmedix Trading Date Momentum
| On December 28 2023 Augmedix was traded for 5.80 at the closing time. The top price for the day was 5.94 and the lowest listed price was 5.66 . The trading volume for the day was 158.1 K. The trading history from December 28, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.53% . The overall trading delta against the current closing price is 1.70% . |
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.
Compare Augmedix to competition
Augmedix 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 Augmedix stock to make a market-neutral strategy. Peer analysis of Augmedix could also be used in its relative valuation, which is a method of valuing Augmedix by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Augmedix Market Strength Events
Market strength indicators help investors to evaluate how Augmedix stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Augmedix shares will generate the highest return on investment. By undertsting and applying Augmedix stock market strength indicators, traders can identify Augmedix entry and exit signals to maximize returns.
Augmedix Risk Indicators
The analysis of Augmedix'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 Augmedix's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting augmedix 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 | 4.5 | |||
| Standard Deviation | 17.99 | |||
| Variance | 323.52 | |||
| Downside Variance | 6.2 | |||
| Semi Variance | (0.63) | |||
| Expected Short fall | (7.39) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Other Consideration for investing in Augmedix Stock
If you are still planning to invest in Augmedix check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Augmedix's history and understand the potential risks before investing.
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |