Jackpot Stock Forecast is based on your current time horizon.
Jackpot
At this time, Jackpot Digital's Cash is fairly stable compared to the past year. Non Current Liabilities Total is likely to climb to about 8.7 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 73.2 K in 2024.
On November 22, 2024 Jackpot Digital had Day Typical Price of 0.0667. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
On November 25 2024 Jackpot Digital was traded for 0.07 at the closing time. The top price for the day was 0.07 and the lowest listed price was 0.06 . The trading volume for the day was 7.1 K. The trading history from November 25, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 7.14% . The trading delta at closing time against the current closing price is 14.29% .
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.
For every potential investor in Jackpot, whether a beginner or expert, Jackpot Digital's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Jackpot Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Jackpot. Basic forecasting techniques help filter out the noise by identifying Jackpot Digital's price trends.
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 Jackpot Digital stock to make a market-neutral strategy. Peer analysis of Jackpot Digital could also be used in its relative valuation, which is a method of valuing Jackpot Digital by comparing valuation metrics with similar companies.
Jackpot 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 Jackpot 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 Jackpot Digital's current price.
Market strength indicators help investors to evaluate how Jackpot 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 Jackpot Digital shares will generate the highest return on investment. By undertsting and applying Jackpot Digital stock market strength indicators, traders can identify Jackpot Digital entry and exit signals to maximize returns.
The analysis of Jackpot 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 Jackpot Digital's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting jackpot 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.
When running Jackpot Digital's price analysis, check to measure Jackpot Digital'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 Jackpot Digital is operating at the current time. Most of Jackpot Digital's value examination focuses on studying past and present price action to predict the probability of Jackpot Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jackpot Digital's price. Additionally, you may evaluate how the addition of Jackpot Digital to your portfolios can decrease your overall portfolio volatility.