IDT Stock Forecast - Daily Balance Of Power

IDT Stock  USD 51.64  0.22  0.42%   
IDT Stock Forecast is based on your current time horizon.
  
At this time, IDT's Inventory Turnover is comparatively stable compared to the past year. Receivables Turnover is likely to gain to 29.99 in 2024, whereas Payables Turnover is likely to drop 18.76 in 2024. . Net Income Applicable To Common Shares is likely to gain to about 59.3 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 20.9 M in 2024.
On November 21, 2024 IDT Corporation had Daily Balance Of Power of 0.5. Balance of Power indicator (or BOP) measures the strength of IDT Corporation market sensitivity to bulls and bears. It estimates the ability of IDT buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring IDT Balance of Power indicator one can determine a trend of the price direction.
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IDT Trading Date Momentum

On November 22 2024 IDT Corporation was traded for  51.19  at the closing time. Highest IDT's price during the trading hours was 51.58  and the lowest price during the day was  50.37 . The net volume was 79 K. The overall trading history on the 22nd of November contributed to the next trading period price appreciation. The trading delta at closing time to the next next day price was 1.93% . The trading delta at closing time to current price is 1.97% .
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 IDT

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

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

IDT Market Strength Events

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

IDT Risk Indicators

The analysis of IDT'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 IDT's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting idt 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 IDT Stock Analysis

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