BELLUS Health Stock Forecast - Accumulation Distribution

Summary

BLUDelisted Stock

USD 14.74 0.00 0.00%

BELLUS Stock Forecast is based on your current time horizon.

On April 5, 2023 BELLUS Health had Accumulation Distribution of 66222.81. Most investors in BELLUS Health 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 BELLUS Health's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets BELLUS Health's price structures and extracts relationships that further increase the accuracy of the generated results. The accumulation distribution (A/D) indicator shows the degree to which BELLUS Health is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of BELLUS Health to determine if accumulation or reduction is taking place in the market. This value is adjusted by BELLUS Health trading volume to give more weight to distributions with higher volume over lower volume.

More About Accumulation Distribution All Equity Analysis

Previous Accumulation Distribution	Accumulation Distribution	Trend
25634.76	66222.81

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Trend Details

Next Accumulation Distribution

BELLUS Health Trading Date Momentum

On April 06 2023 BELLUS Health was traded for 6.80 at the closing time. Highest BELLUS Health's price during the trading hours was 6.94 and the lowest price during the day was 6.42 . The net volume was 939.6 K. The overall trading history on the 6th of April contributed to the next trading period price appreciation. The overall trading delta to the next next day price was 5.26% . The overall trading delta to current price is 5.57% .

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 BELLUS Health to competition

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Risk & Return

Correlation

BELLUS Health Market Strength Events

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

	Rate Of Daily Change	1.0
	Day Median Price	14.74
	Day Typical Price	14.74

BELLUS Health Risk Indicators

The analysis of BELLUS Health'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 BELLUS Health's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bellus 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	3.16
	Standard Deviation	12.24
	Variance	149.74
	Downside Variance	2.37
	Semi Variance	(0.52)
	Expected Short fall	(4.27)

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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Other Consideration for investing in BELLUS Stock

If you are still planning to invest in BELLUS Health 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 BELLUS Health's history and understand the potential risks before investing.

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