Azimut Exploration Stock Forecast - Price Action Indicator

AZM Stock  CAD 0.62  0.02  3.13%   
Azimut Stock Forecast is based on your current time horizon.
  
Payables Turnover is likely to climb to 0.09 in 2024, whereas Inventory Turnover is likely to drop (0.03) in 2024. . Common Stock Shares Outstanding is likely to climb to about 96.2 M in 2024. Net Income Applicable To Common Shares is likely to climb to about 2 M in 2024.
Azimut Exploration has current Price Action Indicator of 0.01. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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Azimut Exploration Trading Date Momentum

On November 25 2024 Azimut Exploration was traded for  0.62  at the closing time. The highest daily price throughout the period was 0.62  and the lowest price was  0.58 . There was no trading activity during the period 0.0. Lack of trading volume on 11/25/2024 did not affect price variability. The overall trading delta to current closing price is 6.45% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Azimut Exploration

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

Azimut Exploration 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 Azimut Exploration stock to make a market-neutral strategy. Peer analysis of Azimut Exploration could also be used in its relative valuation, which is a method of valuing Azimut Exploration by comparing valuation metrics with similar companies.
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Azimut Exploration 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 Azimut Exploration'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 Azimut Exploration's current price.

Azimut Exploration Market Strength Events

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

Azimut Exploration Risk Indicators

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

Thematic Opportunities

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Additional Tools for Azimut Stock Analysis

When running Azimut Exploration's price analysis, check to measure Azimut Exploration'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 Azimut Exploration is operating at the current time. Most of Azimut Exploration's value examination focuses on studying past and present price action to predict the probability of Azimut Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Azimut Exploration's price. Additionally, you may evaluate how the addition of Azimut Exploration to your portfolios can decrease your overall portfolio volatility.