Fly E Stock Forecast - Period Momentum Indicator

FLYE Stock  USD 0.43  0.01  2.27%   
Fly Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Fly E stock prices and determine the direction of Fly E Group, Common's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Fly E's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Fly E's Fixed Asset Turnover is projected to slightly decrease based on the last few years of reporting. The current year's Asset Turnover is expected to grow to 1.28, whereas Inventory Turnover is forecasted to decline to 2.74. . As of November 29, 2024, Common Stock Shares Outstanding is expected to decline to about 19.4 M.
Fly E Group, Common has current Period Momentum Indicator of (0.01). Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
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Fly E Trading Date Momentum

On November 29 2024 Fly E Group, Common was traded for  0.43  at the closing time. The top price for the day was 0.44  and the lowest listed price was  0.41 . There was no trading activity during the period 0.0. Lack of trading volume on November 29, 2024 did not affect price variability. The overall trading delta against the current closing price is 2.33% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Fly E

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

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

Fly E Group, 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 Fly E'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 Fly E's current price.

Fly E Market Strength Events

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

Fly E Risk Indicators

The analysis of Fly E'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 Fly E's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fly 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Fly E Group, is a strong investment it is important to analyze Fly E'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 Fly E's future performance. For an informed investment choice regarding Fly Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Fly E to cross-verify your projections.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Automobile Manufacturers 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 Fly E. If investors know Fly 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 Fly E listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
18.624
Earnings Share
(0.02)
Revenue Per Share
1.455
Quarterly Revenue Growth
0.004
Return On Assets
0.0551
The market value of Fly E Group, is measured differently than its book value, which is the value of Fly that is recorded on the company's balance sheet. Investors also form their own opinion of Fly E's value that differs from its market value or its book value, called intrinsic value, which is Fly E'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 Fly E's market value can be influenced by many factors that don't directly affect Fly E'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 Fly E's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fly E is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fly E'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.