Road Environment Stock Forecast - Daily Balance Of Power

688156 Stock   12.62  0.78  5.82%   
Road Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Road Environment stock prices and determine the direction of Road Environment Technology's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Road Environment's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Road Environment's Cash is projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 41.9 M, whereas Total Assets are forecasted to decline to about 1.1 B.
Road Environment Technology has current Daily Balance Of Power of (0.99). Balance of Power indicator (or BOP) measures the strength of Road Environment Technology market sensitivity to bulls and bears. It estimates the ability of Road Environment buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Road Environment Balance of Power indicator one can determine a trend of the price direction.
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Road Environment Trading Date Momentum

On November 23 2024 Road Environment Technology was traded for  12.62  at the closing time. The highest price during the trading period was 13.41  and the lowest recorded bid was listed for  12.62 . There was no trading activity during the period 0.0. Lack of trading volume on November 23, 2024 did not cause price change. The trading delta at closing time to the current price is 6.26% .
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 Road Environment

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

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

Road Environment Tec 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 Road Environment'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 Road Environment's current price.

Road Environment Market Strength Events

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

Road Environment Risk Indicators

The analysis of Road Environment'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 Road Environment's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting road 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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Other Information on Investing in Road Stock

Road Environment financial ratios help investors to determine whether Road Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Road with respect to the benefits of owning Road Environment security.