SIGA Technologies Stock Forecast - Daily Balance Of Power

SIGA Stock  USD 7.31  0.83  12.81%   
SIGA Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast SIGA Technologies stock prices and determine the direction of SIGA Technologies's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of SIGA Technologies' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of November 26, 2024, Inventory Turnover is expected to decline to 0.26. In addition to that, Payables Turnover is expected to decline to 7.94. As of November 26, 2024, Common Stock Shares Outstanding is expected to decline to about 45.4 M. In addition to that, Net Income Applicable To Common Shares is expected to decline to about 22.8 M.
SIGA Technologies has current Daily Balance Of Power of 0.9881. Balance of Power indicator (or BOP) measures the strength of SIGA Technologies market sensitivity to bulls and bears. It estimates the ability of SIGA Technologies buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring SIGA Technologies Balance of Power indicator one can determine a trend of the price direction.
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SIGA Technologies Trading Date Momentum

On November 26 2024 SIGA Technologies was traded for  7.31  at the closing time. The top price for the day was 7.39  and the lowest listed price was  6.55 . There was no trading activity during the period 0.0. Lack of trading volume on November 26, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 9.85% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for SIGA Technologies

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

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 Risk & Return  Correlation

SIGA 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 SIGA 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 SIGA Technologies' current price.

SIGA Technologies Market Strength Events

Market strength indicators help investors to evaluate how SIGA 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 SIGA Technologies shares will generate the highest return on investment. By undertsting and applying SIGA Technologies stock market strength indicators, traders can identify SIGA Technologies entry and exit signals to maximize returns.

SIGA Technologies Risk Indicators

The analysis of SIGA Technologies' 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 SIGA Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting siga 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.

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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 SIGA Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SIGA 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 Siga Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Siga Technologies Stock:
Check out Historical Fundamental Analysis of SIGA Technologies to cross-verify your projections.
For information on how to trade SIGA Stock refer to our How to Trade SIGA Stock guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Pharmaceuticals 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 SIGA Technologies. If investors know SIGA 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 SIGA Technologies 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
2.721
Earnings Share
1.17
Revenue Per Share
2.441
Quarterly Revenue Growth
0.084
Return On Assets
0.3695
The market value of SIGA Technologies is measured differently than its book value, which is the value of SIGA that is recorded on the company's balance sheet. Investors also form their own opinion of SIGA Technologies' value that differs from its market value or its book value, called intrinsic value, which is SIGA 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 SIGA Technologies' market value can be influenced by many factors that don't directly affect SIGA 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 SIGA Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if SIGA Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SIGA 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.