Mako Mining Stock Forecast - Daily Balance Of Power

MKO Stock  CAD 3.04  0.02  0.65%   
Mako Stock Forecast is based on your current time horizon.
  
At this time, Mako Mining's Payables Turnover is fairly stable compared to the past year. Receivables Turnover is likely to climb to 135.77 in 2024, whereas Inventory Turnover is likely to drop 2.88 in 2024. . Common Stock Shares Outstanding is likely to climb to about 69.8 M in 2024. Net Income Applicable To Common Shares is likely to climb to about 8.6 M in 2024.
On October 7, 2024 Mako Mining Corp had Daily Balance Of Power of (0.80). Balance of Power indicator (or BOP) measures the strength of Mako Mining Corp market sensitivity to bulls and bears. It estimates the ability of Mako Mining buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Mako Mining Balance of Power indicator one can determine a trend of the price direction.
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Mako Mining Trading Date Momentum

On October 08 2024 Mako Mining Corp was traded for  3.03  at the closing time. The highest daily price throughout the period was 3.09  and the lowest price was  3.03 . The daily volume was 5.8 K. The net trading volume on 10/08/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.62% . The trading delta at closing time to 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 Mako Mining

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

Mako Mining 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 Mako Mining stock to make a market-neutral strategy. Peer analysis of Mako Mining could also be used in its relative valuation, which is a method of valuing Mako Mining by comparing valuation metrics with similar companies.
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Mako Mining Corp 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 Mako Mining'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 Mako Mining's current price.

Mako Mining Market Strength Events

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

Mako Mining Risk Indicators

The analysis of Mako Mining'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 Mako Mining's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mako 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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Additional Tools for Mako Stock Analysis

When running Mako Mining's price analysis, check to measure Mako Mining'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 Mako Mining is operating at the current time. Most of Mako Mining's value examination focuses on studying past and present price action to predict the probability of Mako Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mako Mining's price. Additionally, you may evaluate how the addition of Mako Mining to your portfolios can decrease your overall portfolio volatility.