Beam Global Stock Forecast - Relative Strength Index

BEEM Stock  USD 4.16  0.08  1.96%   
Beam Stock Forecast is based on your current time horizon. Although Beam Global's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Beam Global's systematic risk associated with finding meaningful patterns of Beam Global fundamentals over time.
  
At this time, Beam Global's Inventory Turnover is very stable compared to the past year. As of the 23rd of November 2024, Asset Turnover is likely to grow to 1.11, while Payables Turnover is likely to drop 6.46. . As of the 23rd of November 2024, Common Stock Shares Outstanding is likely to grow to about 13 M, though Net Loss is likely to grow to (16.8 M).
Beam Global has current Relative Strength Index of 26.96.
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Beam Global Trading Date Momentum

On November 23 2024 Beam Global was traded for  4.16  at the closing time. The top price for the day was 4.16  and the lowest listed price was  4.08 . There was no trading activity during the period 0.0. Lack of trading volume on November 23, 2024 did not affect price variability. The overall trading delta against the current closing price is 1.92% .
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Other Forecasting Options for Beam Global

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

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

Beam Global 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 Beam Global'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 Beam Global's current price.

Beam Global Market Strength Events

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

Beam Global Risk Indicators

The analysis of Beam Global'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 Beam Global's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting beam 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 Beam Global is a strong investment it is important to analyze Beam Global'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 Beam Global's future performance. For an informed investment choice regarding Beam Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Beam Global to cross-verify your projections.
To learn how to invest in Beam Stock, please use our How to Invest in Beam Global guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Electrical Components & Equipment 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 Beam Global. If investors know Beam 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 Beam Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.97)
Revenue Per Share
4.612
Quarterly Revenue Growth
(0.17)
Return On Assets
(0.14)
Return On Equity
(0.34)
The market value of Beam Global is measured differently than its book value, which is the value of Beam that is recorded on the company's balance sheet. Investors also form their own opinion of Beam Global's value that differs from its market value or its book value, called intrinsic value, which is Beam Global'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 Beam Global's market value can be influenced by many factors that don't directly affect Beam Global'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 Beam Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beam Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beam Global'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.