Desktop Metal Stock Forecast - Daily Balance Of Power
| DM Stock | USD 4.05 0.10 2.53% |
Desktop Stock Forecast is based on your current time horizon. Although Desktop Metal's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Desktop Metal's systematic risk associated with finding meaningful patterns of Desktop Metal fundamentals over time.
Desktop |
Open Interest Against 2024-12-20 Desktop Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Desktop Metal's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Desktop Metal's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Desktop Metal stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Desktop Metal's open interest, investors have to compare it to Desktop Metal's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Desktop Metal is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Desktop. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Check Desktop Metal Volatility | Backtest Desktop Metal | Trend Details |
Desktop Metal Trading Date Momentum
| On December 03 2024 Desktop Metal was traded for 4.14 at the closing time. The highest price during the trading period was 4.17 and the lowest recorded bid was listed for 4.00 . The volume for the day was 189.8 K. This history from December 3, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.24% . The overall trading delta to the current price is 4.34% . |
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.
| Compare Desktop Metal to competition |
Other Forecasting Options for Desktop Metal
For every potential investor in Desktop, whether a beginner or expert, Desktop Metal's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Desktop Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Desktop. Basic forecasting techniques help filter out the noise by identifying Desktop Metal's price trends.Desktop Metal 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 Desktop Metal stock to make a market-neutral strategy. Peer analysis of Desktop Metal could also be used in its relative valuation, which is a method of valuing Desktop Metal by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Desktop Metal 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 Desktop Metal'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 Desktop Metal's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Desktop Metal Market Strength Events
Market strength indicators help investors to evaluate how Desktop Metal stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Desktop Metal shares will generate the highest return on investment. By undertsting and applying Desktop Metal stock market strength indicators, traders can identify Desktop Metal entry and exit signals to maximize returns.
Desktop Metal Risk Indicators
The analysis of Desktop Metal'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 Desktop Metal's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting desktop 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.
| Mean Deviation | 1.65 | |||
| Standard Deviation | 2.99 | |||
| Variance | 8.92 |
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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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Desktop Metal to cross-verify your projections. To learn how to invest in Desktop Stock, please use our How to Invest in Desktop Metal guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Electronic Equipment, Instruments & Components 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 Desktop Metal. If investors know Desktop 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 Desktop Metal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (11.15) | Revenue Per Share 5.117 | Quarterly Revenue Growth (0.15) | Return On Assets (0.24) | Return On Equity (1.53) |
The market value of Desktop Metal is measured differently than its book value, which is the value of Desktop that is recorded on the company's balance sheet. Investors also form their own opinion of Desktop Metal's value that differs from its market value or its book value, called intrinsic value, which is Desktop Metal'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 Desktop Metal's market value can be influenced by many factors that don't directly affect Desktop Metal'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 Desktop Metal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Desktop Metal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Desktop Metal'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.