Magic Empire Stock Forecast - Daily Balance Of Power

MEGL Stock  USD 0.53  0.03  6.00%   
Magic Stock Forecast is based on your current time horizon. Although Magic Empire's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Magic Empire's systematic risk associated with finding meaningful patterns of Magic Empire fundamentals over time.
  
Fixed Asset Turnover is expected to rise to 4.71 this year, although the value of Inventory Turnover will most likely fall to (1.80). . The value of Common Stock Shares Outstanding is expected to slide to about 19.2 M. The value of Net Income Applicable To Common Shares is expected to slide to about 1.3 M.
On November 22, 2024 Magic Empire Global had Daily Balance Of Power of 0.6667. Balance of Power indicator (or BOP) measures the strength of Magic Empire Global market sensitivity to bulls and bears. It estimates the ability of Magic Empire buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Magic Empire Balance of Power indicator one can determine a trend of the price direction.
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Magic Empire Trading Date Momentum

On November 25 2024 Magic Empire Global was traded for  0.53  at the closing time. The top price for the day was 0.53  and the lowest listed price was  0.50 . The trading volume for the day was 142.3 K. The trading history from November 25, 2024 was a factor to the next trading day price upswing. The trading delta at closing time against the next closing price was 6.00% . The trading delta at closing time against the current closing price is 0.00% .
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 Magic Empire

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

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

Magic Empire Global 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 Magic Empire'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 Magic Empire's current price.

Magic Empire Market Strength Events

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

Magic Empire Risk Indicators

The analysis of Magic Empire'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 Magic Empire's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting magic 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 Magic Empire Global is a strong investment it is important to analyze Magic Empire'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 Magic Empire's future performance. For an informed investment choice regarding Magic Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Magic Empire to cross-verify your projections.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Asset Management & Custody Banks 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 Magic Empire. If investors know Magic 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 Magic Empire 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
(0.14)
Revenue Per Share
0.762
Quarterly Revenue Growth
0.269
Return On Assets
(0)
Return On Equity
(0)
The market value of Magic Empire Global is measured differently than its book value, which is the value of Magic that is recorded on the company's balance sheet. Investors also form their own opinion of Magic Empire's value that differs from its market value or its book value, called intrinsic value, which is Magic Empire'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 Magic Empire's market value can be influenced by many factors that don't directly affect Magic Empire'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 Magic Empire's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magic Empire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magic Empire'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.