Planet Green Stock Forecast - Price Action Indicator

PLAG Stock  USD 3.28  0.09  2.82%   
Planet Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Planet Green's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At this time, Planet Green's Inventory Turnover is most likely to increase slightly in the upcoming years. The Planet Green's current Asset Turnover is estimated to increase to 0.73, while Payables Turnover is projected to decrease to 6.78. . The current Common Stock Shares Outstanding is estimated to decrease to about 3.7 M. The current Net Loss is estimated to decrease to about (9.2 M).
Planet Green Holdings has current Price Action Indicator of (0.03). 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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Planet Green Trading Date Momentum

On November 21 2024 Planet Green Holdings was traded for  3.28  at the closing time. The top price for the day was 3.60  and the lowest listed price was  3.11 . The trading volume for the day was 154.1 K. The trading history from November 21, 2024 did not cause price change. The trading delta at closing time against the current closing price is 2.74% .
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 Planet Green

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

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

Planet Green Holdings 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 Planet Green'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 Planet Green's current price.

Planet Green Market Strength Events

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

Planet Green Risk Indicators

The analysis of Planet Green'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 Planet Green's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting planet 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.

Currently Active Assets on Macroaxis

When determining whether Planet Green Holdings is a strong investment it is important to analyze Planet Green'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 Planet Green's future performance. For an informed investment choice regarding Planet Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Planet Green to cross-verify your projections.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Packaged Foods & Meats 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 Planet Green. If investors know Planet 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 Planet Green listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.45)
Revenue Per Share
2.426
Quarterly Revenue Growth
(0.57)
Return On Assets
(0.12)
Return On Equity
(0.49)
The market value of Planet Green Holdings is measured differently than its book value, which is the value of Planet that is recorded on the company's balance sheet. Investors also form their own opinion of Planet Green's value that differs from its market value or its book value, called intrinsic value, which is Planet Green'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 Planet Green's market value can be influenced by many factors that don't directly affect Planet Green'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 Planet Green's value and its price as these two are different measures arrived at by different means. Investors typically determine if Planet Green is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Planet Green'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.