Nutriband Stock Forecast - Price Action Indicator

NTRB Stock  USD 4.81  0.13  2.63%   
Nutriband Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Nutriband stock prices and determine the direction of Nutriband's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Nutriband's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Nutriband's Inventory Turnover is projected to slightly decrease based on the last few years of reporting. The current year's Receivables Turnover is expected to grow to 19.91, whereas Payables Turnover is forecasted to decline to 1.07. . As of November 25, 2024, Common Stock Shares Outstanding is expected to decline to about 7.5 M. In addition to that, Net Loss is expected to decline to about (4.2 M).
Nutriband has current Price Action Indicator of (0.15). 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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Nutriband Trading Date Momentum

On November 25 2024 Nutriband was traded for  4.81  at the closing time. The top price for the day was 5.04  and the lowest listed price was  4.74 . There was no trading activity during the period 0.0. Lack of trading volume on November 25, 2024 did not cause price change. The trading delta at closing time against the current closing price is 3.74% .
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 Nutriband

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

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

Nutriband 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 Nutriband'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 Nutriband's current price.

Nutriband Market Strength Events

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

Nutriband Risk Indicators

The analysis of Nutriband'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 Nutriband's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nutriband 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 Nutriband offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nutriband's 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 Nutriband Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nutriband Stock:
Check out Historical Fundamental Analysis of Nutriband to cross-verify your projections.
For information on how to trade Nutriband Stock refer to our How to Trade Nutriband Stock guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Biotechnology 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 Nutriband. If investors know Nutriband 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 Nutriband listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.81)
Revenue Per Share
0.243
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.30)
Return On Equity
(0.60)
The market value of Nutriband is measured differently than its book value, which is the value of Nutriband that is recorded on the company's balance sheet. Investors also form their own opinion of Nutriband's value that differs from its market value or its book value, called intrinsic value, which is Nutriband'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 Nutriband's market value can be influenced by many factors that don't directly affect Nutriband'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 Nutriband's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nutriband is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nutriband'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.