Kodiak Sciences Stock Forecast - Accumulation Distribution
| KOD Stock | USD 7.43 0.76 11.39% |
Kodiak Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Kodiak Sciences stock prices and determine the direction of Kodiak Sciences's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Kodiak Sciences' historical fundamentals, such as revenue growth or operating cash flow patterns.
Kodiak |
Open Interest Against 2024-12-20 Kodiak Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Kodiak Sciences' 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 Kodiak Sciences' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Kodiak Sciences 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 Kodiak Sciences' open interest, investors have to compare it to Kodiak Sciences' 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 Kodiak Sciences 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 Kodiak. 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.
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 5968.17 | 7842.1 |
| Check Kodiak Sciences Volatility | Backtest Kodiak Sciences | Trend Details |
Kodiak Sciences Trading Date Momentum
| On September 12 2024 Kodiak Sciences was traded for 2.38 at the closing time. Highest Kodiak Sciences's price during the trading hours was 2.49 and the lowest price during the day was 2.37 . The net volume was 86.2 K. The overall trading history on the 12th of September 2024 contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 3.64% . The trading delta at closing time to current price is 10.12% . |
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
| Compare Kodiak Sciences to competition |
Other Forecasting Options for Kodiak Sciences
For every potential investor in Kodiak, whether a beginner or expert, Kodiak Sciences' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Kodiak Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Kodiak. Basic forecasting techniques help filter out the noise by identifying Kodiak Sciences' price trends.Kodiak Sciences 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 Kodiak Sciences stock to make a market-neutral strategy. Peer analysis of Kodiak Sciences could also be used in its relative valuation, which is a method of valuing Kodiak Sciences by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Kodiak 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 Kodiak Sciences' 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 Kodiak Sciences' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Kodiak Sciences Market Strength Events
Market strength indicators help investors to evaluate how Kodiak Sciences stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kodiak Sciences shares will generate the highest return on investment. By undertsting and applying Kodiak Sciences stock market strength indicators, traders can identify Kodiak Sciences entry and exit signals to maximize returns.
Kodiak Sciences Risk Indicators
The analysis of Kodiak Sciences' 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 Kodiak Sciences' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kodiak 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 | 3.2 | |||
| Semi Deviation | 1.95 | |||
| Standard Deviation | 4.3 | |||
| Variance | 18.45 | |||
| Downside Variance | 8.18 | |||
| Semi Variance | 3.79 | |||
| Expected Short fall | (4.40) |
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.When determining whether Kodiak Sciences is a strong investment it is important to analyze Kodiak Sciences' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Kodiak Sciences' future performance. For an informed investment choice regarding Kodiak Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Kodiak Sciences to cross-verify your projections. For information on how to trade Kodiak Stock refer to our How to Trade Kodiak Stock guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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 Kodiak Sciences. If investors know Kodiak 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 Kodiak Sciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.05) | Return On Assets (0.27) | Return On Equity (0.71) |
The market value of Kodiak Sciences is measured differently than its book value, which is the value of Kodiak that is recorded on the company's balance sheet. Investors also form their own opinion of Kodiak Sciences' value that differs from its market value or its book value, called intrinsic value, which is Kodiak Sciences' 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 Kodiak Sciences' market value can be influenced by many factors that don't directly affect Kodiak Sciences' 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 Kodiak Sciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kodiak Sciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kodiak Sciences' 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.