Meridianlink Stock Forecast - Daily Balance Of Power

MLNK Stock  USD 23.35  0.43  1.88%   
Meridianlink Stock Forecast is based on your current time horizon. Although Meridianlink's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Meridianlink's systematic risk associated with finding meaningful patterns of Meridianlink fundamentals over time.
  
At this time, Meridianlink's Payables Turnover is quite stable compared to the past year. Fixed Asset Turnover is expected to rise to 71.21 this year, although the value of Inventory Turnover will most likely fall to 3.87. . Common Stock Shares Outstanding is expected to rise to about 88.9 M this year. Net Income Applicable To Common Shares is expected to rise to about 1.6 M this year.
On October 4, 2024 Meridianlink had Daily Balance Of Power of 0.4419. Balance of Power indicator (or BOP) measures the strength of Meridianlink market sensitivity to bulls and bears. It estimates the ability of Meridianlink buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Meridianlink Balance of Power indicator one can determine a trend of the price direction.
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Meridianlink Trading Date Momentum

On October 07 2024 Meridianlink was traded for  20.33  at the closing time. The top price for the day was 20.79  and the lowest listed price was  20.14 . The trading volume for the day was 485.4 K. The trading history from October 7, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.45% . The trading delta at closing time against the current closing price is 0.53% .
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 Meridianlink

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

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 Risk & Return  Correlation

Meridianlink 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 Meridianlink'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 Meridianlink's current price.

Meridianlink Market Strength Events

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

Meridianlink Risk Indicators

The analysis of Meridianlink'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 Meridianlink's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting meridianlink 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 Meridianlink 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 Meridianlink 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 Meridianlink Stock. Highlighted below are key reports to facilitate an investment decision about Meridianlink Stock:
Check out Historical Fundamental Analysis of Meridianlink to cross-verify your projections.
For more information on how to buy Meridianlink Stock please use our How to buy in Meridianlink Stock guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Application Software 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 Meridianlink. If investors know Meridianlink 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 Meridianlink listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.66)
Revenue Per Share
4.042
Quarterly Revenue Growth
0.051
Return On Assets
0.0098
Return On Equity
(0.11)
The market value of Meridianlink is measured differently than its book value, which is the value of Meridianlink that is recorded on the company's balance sheet. Investors also form their own opinion of Meridianlink's value that differs from its market value or its book value, called intrinsic value, which is Meridianlink'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 Meridianlink's market value can be influenced by many factors that don't directly affect Meridianlink'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 Meridianlink's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meridianlink is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meridianlink'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.