BrightSpring Health Stock Forecast - Accumulation Distribution

BTSGU Stock   71.13  1.98  2.86%   
BrightSpring Stock Forecast is based on your current time horizon.
  
At this time, BrightSpring Health's Inventory Turnover is comparatively stable compared to the past year. Payables Turnover is likely to gain to 14.15 in 2024, whereas Receivables Turnover is likely to drop 6.59 in 2024. . Common Stock Shares Outstanding is likely to drop to about 143.3 M in 2024.
On November 26, 2024 BrightSpring Health Services, had Accumulation Distribution of 0.83. The accumulation distribution (A/D) indicator shows the degree to which BrightSpring Health is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of BrightSpring Health Services, to determine if accumulation or reduction is taking place in the market. This value is adjusted by BrightSpring Health trading volume to give more weight to distributions with higher volume over lower volume.
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BrightSpring Health Trading Date Momentum

On November 27 2024 BrightSpring Health Services, was traded for  69.15  at the closing time. The highest daily price throughout the period was 71.29  and the lowest price was  69.15 . The daily volume was 91.7 K. The net trading volume on 11/27/2024 added to the next day price appreciation. The overall trading delta to closing price of the next trading day was 1.60% . The overall trading delta to current closing price is 2.75% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for BrightSpring Health

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

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

BrightSpring Health Market Strength Events

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

BrightSpring Health Risk Indicators

The analysis of BrightSpring Health'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 BrightSpring Health's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting brightspring 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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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for BrightSpring Stock Analysis

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