Mind Technology Stock Forecast - Relative Strength Index
MIND Stock | USD 3.85 0.05 1.28% |
Mind Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Mind Technology stock prices and determine the direction of Mind Technology's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Mind Technology's historical fundamentals, such as revenue growth or operating cash flow patterns.
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Mind Technology Trading Date Momentum
On November 26 2024 Mind Technology was traded for 3.85 at the closing time. The top price for the day was 3.95 and the lowest listed price was 3.82 . The trading volume for the day was 32.5 K. The trading history from November 26, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.28% . The trading delta at closing time against the current closing price is 2.05% . |
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Other Forecasting Options for Mind Technology
For every potential investor in Mind, whether a beginner or expert, Mind Technology's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Mind Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Mind. Basic forecasting techniques help filter out the noise by identifying Mind Technology's price trends.Mind Technology 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 Mind Technology stock to make a market-neutral strategy. Peer analysis of Mind Technology could also be used in its relative valuation, which is a method of valuing Mind Technology by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Mind Technology 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 Mind Technology'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 Mind Technology's current price.Cycle Indicators | ||
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Mind Technology Market Strength Events
Market strength indicators help investors to evaluate how Mind Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mind Technology shares will generate the highest return on investment. By undertsting and applying Mind Technology stock market strength indicators, traders can identify Mind Technology entry and exit signals to maximize returns.
Accumulation Distribution | 1070.94 | |||
Daily Balance Of Power | (0.38) | |||
Rate Of Daily Change | 0.99 | |||
Day Median Price | 3.89 | |||
Day Typical Price | 3.87 | |||
Price Action Indicator | (0.06) | |||
Period Momentum Indicator | (0.05) |
Mind Technology Risk Indicators
The analysis of Mind Technology'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 Mind Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mind 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.
Mean Deviation | 1.94 | |||
Standard Deviation | 2.63 | |||
Variance | 6.92 |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Mind Technology is a strong investment it is important to analyze Mind Technology'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 Mind Technology's future performance. For an informed investment choice regarding Mind Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Mind Technology to cross-verify your projections. For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Oil & Gas Equipment & Services 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 Mind Technology. If investors know Mind 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 Mind Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.61) | Revenue Per Share 27.074 | Quarterly Revenue Growth 0.327 | Return On Assets 0.0525 | Return On Equity 0.0668 |
The market value of Mind Technology is measured differently than its book value, which is the value of Mind that is recorded on the company's balance sheet. Investors also form their own opinion of Mind Technology's value that differs from its market value or its book value, called intrinsic value, which is Mind Technology'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 Mind Technology's market value can be influenced by many factors that don't directly affect Mind Technology'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 Mind Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mind Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mind Technology'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.