Inolife Technologies Stock Forecast - Price Action Indicator

BTGN Stock  USD 0.0003  0.00  0.00%   
Inolife Stock Forecast is based on your current time horizon. Although Inolife Technologies' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Inolife Technologies' systematic risk associated with finding meaningful patterns of Inolife Technologies fundamentals over time.
  
At this time, Inolife Technologies' Inventory Turnover is very stable compared to the past year. As of the 24th of November 2024, Fixed Asset Turnover is likely to grow to 1.97, while Payables Turnover is likely to drop 8.59. . As of the 24th of November 2024, Common Stock Shares Outstanding is likely to drop to about 49.2 M. In addition to that, Net Loss is likely to drop to about (1.2 M).
Inolife Technologies has current Price Action Indicator of 0. 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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Inolife Technologies Trading Date Momentum

On November 24 2024 Inolife Technologies was traded for  0.0003  at the closing time. The top price for the day was 0.0003  and the lowest listed price was  0.0003 . There was no trading activity during the period 0.0. Lack of trading volume on November 24, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.00% .
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 Inolife Technologies

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

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

Inolife Technologies 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 Inolife Technologies' 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 Inolife Technologies' current price.

Inolife Technologies Market Strength Events

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

Pair Trading with Inolife Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Inolife Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Inolife Technologies will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Inolife Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Inolife Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Inolife Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Inolife Technologies to buy it.
The correlation of Inolife Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Inolife Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Inolife Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Inolife Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Inolife Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Inolife Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Inolife Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Inolife Technologies Stock:
Check out Historical Fundamental Analysis of Inolife Technologies to cross-verify your projections.
To learn how to invest in Inolife Stock, please use our How to Invest in Inolife Technologies guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Investment Banking & Brokerage 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 Inolife Technologies. If investors know Inolife 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 Inolife Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets
-10.9 K
The market value of Inolife Technologies is measured differently than its book value, which is the value of Inolife that is recorded on the company's balance sheet. Investors also form their own opinion of Inolife Technologies' value that differs from its market value or its book value, called intrinsic value, which is Inolife Technologies' 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 Inolife Technologies' market value can be influenced by many factors that don't directly affect Inolife Technologies' 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 Inolife Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Inolife Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inolife Technologies' 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.