Qingdao NovelBeam Stock Forecast - Daily Balance Of Power

688677 Stock   36.17  0.34  0.95%   
Qingdao Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Qingdao NovelBeam stock prices and determine the direction of Qingdao NovelBeam Technology's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Qingdao NovelBeam's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Qingdao NovelBeam's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 108.4 M, whereas Total Assets are forecasted to decline to about 820.5 M.
On August 26, 2024 Qingdao NovelBeam Technology had Daily Balance Of Power of 0.1351. Balance of Power indicator (or BOP) measures the strength of Qingdao NovelBeam Technology market sensitivity to bulls and bears. It estimates the ability of Qingdao NovelBeam buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Qingdao NovelBeam Balance of Power indicator one can determine a trend of the price direction.
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Qingdao NovelBeam Trading Date Momentum

On August 27 2024 Qingdao NovelBeam Technology was traded for  27.34  at the closing time. The highest price during the trading period was 27.88  and the lowest recorded bid was listed for  27.15 . The volume for the day was 667.9 K. This history from August 27, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.33% . The trading delta at closing time to the current price is 3.90% .
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 Qingdao NovelBeam

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

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

Qingdao NovelBeam 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 Qingdao NovelBeam'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 Qingdao NovelBeam's current price.

Qingdao NovelBeam Market Strength Events

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

Qingdao NovelBeam Risk Indicators

The analysis of Qingdao NovelBeam'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 Qingdao NovelBeam's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting qingdao 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 Qingdao Stock

Qingdao NovelBeam financial ratios help investors to determine whether Qingdao 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 Qingdao with respect to the benefits of owning Qingdao NovelBeam security.