LogicMark Stock Forecast - Daily Balance Of Power

LGMK Stock  USD 1.83  0.13  6.63%   
LogicMark Stock Forecast is based on your current time horizon. Although LogicMark's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of LogicMark's systematic risk associated with finding meaningful patterns of LogicMark fundamentals over time.
  
Inventory Turnover is expected to rise to 2.42 this year. Payables Turnover is expected to rise to 3.82 this year. Common Stock Shares Outstanding is expected to rise to about 1.4 M this year, although the value of Net Loss will most likely fall to (6.9 M).
On August 24, 2023 LogicMark had Daily Balance Of Power of 0.2638. Balance of Power indicator (or BOP) measures the strength of LogicMark market sensitivity to bulls and bears. It estimates the ability of LogicMark buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring LogicMark Balance of Power indicator one can determine a trend of the price direction.
Check LogicMark VolatilityBacktest LogicMarkTrend Details  

LogicMark Trading Date Momentum

On August 25 2023 LogicMark was traded for  50.25  at the closing time. The top price for the day was 52.50  and the lowest listed price was  48.75 . The trading volume for the day was 257. The trading history from August 25, 2023 was a factor to the next trading day price upswing. The trading delta at closing time against the next closing price was 0.46% . The trading delta at closing time against the current closing price is 0.96% .
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 LogicMark

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

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

LogicMark 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 LogicMark'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 LogicMark's current price.

LogicMark Market Strength Events

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

LogicMark Risk Indicators

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

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When determining whether LogicMark is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if LogicMark Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Logicmark Stock. Highlighted below are key reports to facilitate an investment decision about Logicmark Stock:
Check out Historical Fundamental Analysis of LogicMark to cross-verify your projections.
For more information on how to buy LogicMark Stock please use our How to buy in LogicMark Stock guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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 LogicMark. If investors know LogicMark 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 LogicMark listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(206.75)
Revenue Per Share
5.212
Quarterly Revenue Growth
0.004
Return On Assets
(0.23)
Return On Equity
(0.80)
The market value of LogicMark is measured differently than its book value, which is the value of LogicMark that is recorded on the company's balance sheet. Investors also form their own opinion of LogicMark's value that differs from its market value or its book value, called intrinsic value, which is LogicMark'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 LogicMark's market value can be influenced by many factors that don't directly affect LogicMark'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 LogicMark's value and its price as these two are different measures arrived at by different means. Investors typically determine if LogicMark is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LogicMark'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.