ESS Tech Stock Forecast - Day Typical Price

GWH Stock  USD 6.00  0.81  15.61%   
ESS Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of ESS Tech's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The ESS Tech's current Inventory Turnover is estimated to increase to 6.39. The ESS Tech's current Payables Turnover is estimated to increase to 7.81. The ESS Tech's current Common Stock Shares Outstanding is estimated to increase to about 168 M, while Net Loss is projected to decrease to (73.7 M).
ESS Tech has current Day Typical Price of 5.68. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
Check ESS Tech VolatilityBacktest ESS TechInformation Ratio  

ESS Tech Trading Date Momentum

On November 22 2024 ESS Tech was traded for  6.00  at the closing time. Highest ESS Tech's price during the trading hours was 6.00  and the lowest price during the day was  5.04 . There was no trading activity during the period 0.0. Lack of trading volume on the 22nd of November did not affect price variability. The overall trading delta to current price is 13.50% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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Other Forecasting Options for ESS Tech

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

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

ESS Tech 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 ESS Tech'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 ESS Tech's current price.

ESS Tech Market Strength Events

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

ESS Tech Risk Indicators

The analysis of ESS Tech'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 ESS Tech's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ess 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.

Currently Active Assets on Macroaxis

When determining whether ESS Tech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ESS Tech's 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 Ess Tech Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ess Tech Stock:
Check out Historical Fundamental Analysis of ESS Tech to cross-verify your projections.
For more detail on how to invest in ESS Stock please use our How to Invest in ESS Tech guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Electrical Components & Equipment 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 ESS Tech. If investors know ESS 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 ESS Tech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(6.62)
Revenue Per Share
0.654
Quarterly Revenue Growth
(0.88)
Return On Assets
(0.42)
Return On Equity
(0.88)
The market value of ESS Tech is measured differently than its book value, which is the value of ESS that is recorded on the company's balance sheet. Investors also form their own opinion of ESS Tech's value that differs from its market value or its book value, called intrinsic value, which is ESS Tech'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 ESS Tech's market value can be influenced by many factors that don't directly affect ESS Tech'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 ESS Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if ESS Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESS Tech'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.