Anebulo Pharmaceuticals Stock Forecast - Daily Balance Of Power

ANEB Stock  USD 1.46  0.04  2.67%   
Anebulo Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Anebulo Pharmaceuticals stock prices and determine the direction of Anebulo Pharmaceuticals's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Anebulo Pharmaceuticals' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Anebulo Pharmaceuticals' Other Current Liabilities is 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 390.1 K, whereas Total Assets are forecasted to decline to about 3.9 M.
On February 12, 2024 Anebulo Pharmaceuticals had Daily Balance Of Power of (0.05). Balance of Power indicator (or BOP) measures the strength of Anebulo Pharmaceuticals market sensitivity to bulls and bears. It estimates the ability of Anebulo Pharmaceuticals buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Anebulo Pharmaceuticals Balance of Power indicator one can determine a trend of the price direction.
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Anebulo Pharmaceuticals Trading Date Momentum

On February 13 2024 Anebulo Pharmaceuticals was traded for  2.58  at the closing time. The top price for the day was 2.63  and the lowest listed price was  2.46 . The trading volume for the day was 16.4 K. The trading history from February 13, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 4.88% . The overall trading delta against the current closing price is 28.05% .
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 Anebulo Pharmaceuticals

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

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

Anebulo Pharmaceuticals 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 Anebulo Pharmaceuticals' 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 Anebulo Pharmaceuticals' current price.

Anebulo Pharmaceuticals Market Strength Events

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

Anebulo Pharmaceuticals Risk Indicators

The analysis of Anebulo Pharmaceuticals' 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 Anebulo Pharmaceuticals' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting anebulo 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 Anebulo Pharmaceuticals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Anebulo Pharmaceuticals' 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 Anebulo Pharmaceuticals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Anebulo Pharmaceuticals Stock:
Check out Historical Fundamental Analysis of Anebulo Pharmaceuticals to cross-verify your projections.
For information on how to trade Anebulo Stock refer to our How to Trade Anebulo Stock guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Biotechnology 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 Anebulo Pharmaceuticals. If investors know Anebulo 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 Anebulo Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.32)
Return On Assets
(0.66)
Return On Equity
(1.14)
The market value of Anebulo Pharmaceuticals is measured differently than its book value, which is the value of Anebulo that is recorded on the company's balance sheet. Investors also form their own opinion of Anebulo Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Anebulo Pharmaceuticals' 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 Anebulo Pharmaceuticals' market value can be influenced by many factors that don't directly affect Anebulo Pharmaceuticals' 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 Anebulo Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Anebulo Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Anebulo Pharmaceuticals' 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.