MGO Global Stock Forecast - Accumulation Distribution

MGOL Stock   2.32  0.03  1.28%   
MGO Stock Forecast is based on your current time horizon. Although MGO Global's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of MGO Global's systematic risk associated with finding meaningful patterns of MGO Global fundamentals over time.
  
At this time, MGO Global's Payables Turnover is quite stable compared to the past year. Receivables Turnover is expected to rise to 117.14 this year, although the value of Inventory Turnover will most likely fall to 3.41. . The value of Common Stock Shares Outstanding is expected to slide to about 1.2 M. The value of Net Loss is expected to slide to about (1.1 M).
On September 30, 2024 MGO Global Common had Accumulation Distribution of 12033.59. The accumulation distribution (A/D) indicator shows the degree to which MGO Global is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of MGO Global Common to determine if accumulation or reduction is taking place in the market. This value is adjusted by MGO Global trading volume to give more weight to distributions with higher volume over lower volume.
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MGO Global Trading Date Momentum

On October 01 2024 MGO Global Common was traded for  2.70  at the closing time. The top price for the day was 2.99  and the lowest listed price was  2.65 . The trading volume for the day was 97.3 K. The trading history from October 1, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 8.78% . The trading delta at closing time against the current closing price is 12.84% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for MGO Global

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

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

MGO Global Common 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 MGO Global'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 MGO Global's current price.

MGO Global Market Strength Events

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

MGO Global Risk Indicators

The analysis of MGO Global'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 MGO Global's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mgo 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 MGO Global Common is a strong investment it is important to analyze MGO Global'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 MGO Global's future performance. For an informed investment choice regarding MGO Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of MGO Global to cross-verify your projections.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Movies & Entertainment 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 MGO Global. If investors know MGO 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 MGO Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.56)
Revenue Per Share
3.655
Quarterly Revenue Growth
(0.17)
Return On Assets
(1.55)
Return On Equity
(3.12)
The market value of MGO Global Common is measured differently than its book value, which is the value of MGO that is recorded on the company's balance sheet. Investors also form their own opinion of MGO Global's value that differs from its market value or its book value, called intrinsic value, which is MGO Global'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 MGO Global's market value can be influenced by many factors that don't directly affect MGO Global'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 MGO Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if MGO Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGO Global'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.