PlayAGS Stock Forecast - Daily Balance Of Power

AGS Stock  USD 11.62  0.01  0.09%   
PlayAGS Stock Forecast is based on your current time horizon.
  
At this time, PlayAGS's Inventory Turnover is comparatively stable compared to the past year. Payables Turnover is likely to gain to 20.42 in 2024, whereas Asset Turnover is likely to drop 0.27 in 2024. . Common Stock Shares Outstanding is likely to drop to about 33.6 M in 2024. Net Loss is likely to drop to about (9.7 M) in 2024.
On October 8, 2024 PlayAGS had Daily Balance Of Power of (0.21). Balance of Power indicator (or BOP) measures the strength of PlayAGS market sensitivity to bulls and bears. It estimates the ability of PlayAGS buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring PlayAGS Balance of Power indicator one can determine a trend of the price direction.
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PlayAGS Trading Date Momentum

On October 09 2024 PlayAGS was traded for  11.66  at the closing time. Highest PlayAGS's price during the trading hours was 11.74  and the lowest price during the day was  11.60 . The net volume was 129.7 K. The overall trading history on the 9th of October contributed to the next trading period price appreciation. The overall trading delta to the next next day price was 0.52% . The trading delta at closing time to current price is 0.00% .
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 PlayAGS

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

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

PlayAGS Market Strength Events

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

PlayAGS Risk Indicators

The analysis of PlayAGS'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 PlayAGS's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting playags 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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Additional Tools for PlayAGS Stock Analysis

When running PlayAGS's price analysis, check to measure PlayAGS'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 PlayAGS is operating at the current time. Most of PlayAGS's value examination focuses on studying past and present price action to predict the probability of PlayAGS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PlayAGS's price. Additionally, you may evaluate how the addition of PlayAGS to your portfolios can decrease your overall portfolio volatility.