AMTD Digital Stock Forecast - Daily Balance Of Power

HKD Stock  USD 2.98  0.02  0.67%   
AMTD Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast AMTD Digital stock prices and determine the direction of AMTD Digital's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of AMTD Digital's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of November 22, 2024, Inventory Turnover is expected to decline to 0.06. In addition to that, Payables Turnover is expected to decline to 17.11. As of November 22, 2024, Common Stock Shares Outstanding is expected to decline to about 169.9 M. In addition to that, Net Income Applicable To Common Shares is expected to decline to about 45.6 M.
On November 15, 2024 AMTD Digital had Daily Balance Of Power of (0.80). Balance of Power indicator (or BOP) measures the strength of AMTD Digital market sensitivity to bulls and bears. It estimates the ability of AMTD Digital buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring AMTD Digital Balance of Power indicator one can determine a trend of the price direction.
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AMTD Digital Trading Date Momentum

On November 18 2024 AMTD Digital was traded for  2.72  at the closing time. Highest AMTD Digital's price during the trading hours was 2.80  and the lowest price during the day was  2.65 . The net volume was 313.6 K. The overall trading history on the 18th of November 2024 contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.73% . The overall trading delta to current price is 8.39% .
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 AMTD Digital

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

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

AMTD Digital 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 AMTD Digital'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 AMTD Digital's current price.

AMTD Digital Market Strength Events

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

AMTD Digital Risk Indicators

The analysis of AMTD Digital'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 AMTD Digital's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting amtd 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.

Also Currently Popular

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 AMTD Digital is a strong investment it is important to analyze AMTD Digital'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 AMTD Digital's future performance. For an informed investment choice regarding AMTD Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of AMTD Digital to cross-verify your projections.
For information on how to trade AMTD Stock refer to our How to Trade AMTD Stock guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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 AMTD Digital. If investors know AMTD 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 AMTD Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.696
Earnings Share
0.33
Revenue Per Share
0.145
Quarterly Revenue Growth
(0.38)
Return On Assets
0.0061
The market value of AMTD Digital is measured differently than its book value, which is the value of AMTD that is recorded on the company's balance sheet. Investors also form their own opinion of AMTD Digital's value that differs from its market value or its book value, called intrinsic value, which is AMTD Digital'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 AMTD Digital's market value can be influenced by many factors that don't directly affect AMTD Digital'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 AMTD Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if AMTD Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMTD Digital'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.