Beken Corp Stock Forecast - Daily Balance Of Power

603068 Stock   29.90  0.68  2.33%   
Beken Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Beken Corp stock prices and determine the direction of Beken Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Beken Corp's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Beken Corp's Other Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 231.3 M, whereas Other Liabilities is forecasted to decline to about 9.6 M.
On October 16, 2024 Beken Corp had Daily Balance Of Power of 0.4337. Balance of Power indicator (or BOP) measures the strength of Beken Corp market sensitivity to bulls and bears. It estimates the ability of Beken Corp buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Beken Corp Balance of Power indicator one can determine a trend of the price direction.
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Beken Corp Trading Date Momentum

On October 17 2024 Beken Corp was traded for  23.79  at the closing time. The highest price during the trading period was 24.47  and the lowest recorded bid was listed for  23.74 . The volume for the day was 6 M. This history from October 17, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.84% . The overall trading delta to the current price is 7.79% .
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 Beken Corp

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

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

Beken Corp 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 Beken Corp'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 Beken Corp's current price.

Beken Corp Market Strength Events

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

Beken Corp Risk Indicators

The analysis of Beken Corp'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 Beken Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting beken 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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Other Information on Investing in Beken Stock

Beken Corp financial ratios help investors to determine whether Beken Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Beken with respect to the benefits of owning Beken Corp security.