AuthID Stock Forecast - Daily Balance Of Power

AUID Stock  USD 6.56  0.18  2.67%   
AuthID Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast AuthID stock prices and determine the direction of authID Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of AuthID's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The current year's Fixed Asset Turnover is expected to grow to 32.55, whereas Inventory Turnover is forecasted to decline to 1.46. . The current year's Common Stock Shares Outstanding is expected to grow to about 6.5 M, whereas Net Loss is forecasted to decline to (16.7 M).
On January 3, 2024 authID Inc had Daily Balance Of Power of 1.0. Balance of Power indicator (or BOP) measures the strength of authID Inc market sensitivity to bulls and bears. It estimates the ability of AuthID buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring AuthID Balance of Power indicator one can determine a trend of the price direction.
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AuthID Trading Date Momentum

On January 04 2024 authID Inc was traded for  10.16  at the closing time. The top price for the day was 10.16  and the lowest listed price was  9.14 . The trading volume for the day was 18.3 K. The trading history from January 4, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 2.63% . The trading date delta against the current closing price is 1.31% .
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 AuthID

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

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 Risk & Return  Correlation

authID Inc 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 AuthID'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 AuthID's current price.

AuthID Market Strength Events

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

AuthID Risk Indicators

The analysis of AuthID'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 AuthID's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting authid 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 authID Inc is a strong investment it is important to analyze AuthID's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact AuthID's future performance. For an informed investment choice regarding AuthID Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of AuthID to cross-verify your projections.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Application Software 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 AuthID. If investors know AuthID 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 AuthID listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.11)
Revenue Per Share
0.079
Quarterly Revenue Growth
4.737
Return On Assets
(0.63)
Return On Equity
(1.13)
The market value of authID Inc is measured differently than its book value, which is the value of AuthID that is recorded on the company's balance sheet. Investors also form their own opinion of AuthID's value that differs from its market value or its book value, called intrinsic value, which is AuthID's 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 AuthID's market value can be influenced by many factors that don't directly affect AuthID's 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 AuthID's value and its price as these two are different measures arrived at by different means. Investors typically determine if AuthID is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AuthID's 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.