Daxor Stock Forecast - Rate Of Daily Change

DXR Stock  USD 9.55  0.05  0.53%   
Daxor Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Daxor stock prices and determine the direction of Daxor's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Daxor's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Daxor's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Daxor's systematic risk associated with finding meaningful patterns of Daxor fundamentals over time.
Check out Historical Fundamental Analysis of Daxor to cross-verify your projections.
To learn how to invest in Daxor Stock, please use our How to Invest in Daxor guide.
  
At this time, Daxor's Inventory Turnover is relatively stable compared to the past year. As of 05/20/2024, Receivables Turnover is likely to grow to 2,558, while Payables Turnover is likely to drop 1.63. . As of 05/20/2024, Net Income Applicable To Common Shares is likely to grow to about 4.9 M, while Common Stock Shares Outstanding is likely to drop slightly above 3.7 M.
Daxor has current Rate Of Daily Change of 1.01.
Most investors in Daxor cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Daxor's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Daxor's price structures and extracts relationships that further increase the generated results' accuracy.
Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Daxor.
Check Daxor VolatilityBacktest DaxorInformation Ratio  

Daxor Trading Date Momentum

On May 20 2024 Daxor was traded for  9.55  at the closing time. Highest Daxor's price during the trading hours was 9.96  and the lowest price during the day was  9.50 . There was no trading activity during the period 0.0. Lack of trading volume on the 20th of May did not affect price variability. The overall trading delta to current price is 0.52% .
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for Daxor

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

Daxor 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 Daxor stock to make a market-neutral strategy. Peer analysis of Daxor could also be used in its relative valuation, which is a method of valuing Daxor by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Daxor 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 Daxor'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 Daxor's current price.

Daxor Market Strength Events

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

Daxor Risk Indicators

The analysis of Daxor'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 Daxor's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting daxor 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.

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When determining whether Daxor is a strong investment it is important to analyze Daxor's 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 Daxor's future performance. For an informed investment choice regarding Daxor Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Daxor to cross-verify your projections.
To learn how to invest in Daxor Stock, please use our How to Invest in Daxor guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running Daxor's price analysis, check to measure Daxor'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 Daxor is operating at the current time. Most of Daxor's value examination focuses on studying past and present price action to predict the probability of Daxor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daxor's price. Additionally, you may evaluate how the addition of Daxor to your portfolios can decrease your overall portfolio volatility.
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Is Daxor's industry 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 Daxor. If investors know Daxor 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 Daxor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.58)
Earnings Share
0.14
Revenue Per Share
0.034
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.02)
The market value of Daxor is measured differently than its book value, which is the value of Daxor that is recorded on the company's balance sheet. Investors also form their own opinion of Daxor's value that differs from its market value or its book value, called intrinsic value, which is Daxor'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 Daxor's market value can be influenced by many factors that don't directly affect Daxor'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 Daxor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Daxor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Daxor'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.