Pender Growth Stock Forecast - Price Action Indicator

PTF Stock  CAD 11.17  0.05  0.45%   
Pender Stock Forecast is based on your current time horizon.
  
At this time, Pender Growth's Payables Turnover is fairly stable compared to the past year. Receivables Turnover is likely to climb to 47.66 in 2024, despite the fact that Inventory Turnover is likely to grow to (0.12). . Common Stock Shares Outstanding is likely to drop to about 6.4 M in 2024. Net Loss is likely to climb to about (109.3 M) in 2024.
Pender Growth has current Price Action Indicator of 0.025. 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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Pender Growth Trading Date Momentum

On December 02 2024 Pender Growth was traded for  11.17  at the closing time. The highest daily price throughout the period was 11.17  and the lowest price was  11.17 . There was no trading activity during the period 0.0. Lack of trading volume on 12/02/2024 did not cause price change. The trading delta at closing time to 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 Pender Growth

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

Pender Growth 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 Pender Growth stock to make a market-neutral strategy. Peer analysis of Pender Growth could also be used in its relative valuation, which is a method of valuing Pender Growth by comparing valuation metrics with similar companies.
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Pender Growth 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 Pender Growth'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 Pender Growth's current price.

Pender Growth Market Strength Events

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

Pender Growth Risk Indicators

The analysis of Pender Growth'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 Pender Growth's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pender 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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Pender Stock Analysis

When running Pender Growth's price analysis, check to measure Pender Growth's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pender Growth is operating at the current time. Most of Pender Growth's value examination focuses on studying past and present price action to predict the probability of Pender Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pender Growth's price. Additionally, you may evaluate how the addition of Pender Growth to your portfolios can decrease your overall portfolio volatility.