Mynaric AG Stock Forecast - Daily Balance Of Power

MYNA Stock  USD 1.39  0.02  1.46%   
Mynaric Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Mynaric AG stock prices and determine the direction of Mynaric AG ADR's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Mynaric AG's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The current year's Payables Turnover is expected to grow to 4.30, whereas Inventory Turnover is forecasted to decline to 0.70. . As of November 29, 2024, Common Stock Shares Outstanding is expected to decline to about 4 M. The current year's Net Loss is expected to grow to about (38.8 M).
On November 7, 2024 Mynaric AG ADR had Daily Balance Of Power of (0.88). Balance of Power indicator (or BOP) measures the strength of Mynaric AG ADR market sensitivity to bulls and bears. It estimates the ability of Mynaric AG buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Mynaric AG Balance of Power indicator one can determine a trend of the price direction.
Check Mynaric AG VolatilityBacktest Mynaric AGTrend Details  

Mynaric AG Trading Date Momentum

On November 08 2024 Mynaric AG ADR was traded for  1.42  at the closing time. The top price for the day was 1.49  and the lowest listed price was  1.41 . The trading volume for the day was 23.2 K. The trading history from November 8, 2024 did not cause price change. The trading delta at closing time against the current closing price is 4.93% .
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.
Compare Mynaric AG to competition

Other Forecasting Options for Mynaric AG

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

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

Mynaric AG ADR 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 Mynaric AG'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 Mynaric AG's current price.

Mynaric AG Market Strength Events

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

Mynaric AG Risk Indicators

The analysis of Mynaric AG'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 Mynaric AG's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mynaric 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.

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 Mynaric AG ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mynaric AG's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mynaric Ag Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mynaric Ag Adr Stock:
Check out Historical Fundamental Analysis of Mynaric AG to cross-verify your projections.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Electronic Equipment, Instruments & Components 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 Mynaric AG. If investors know Mynaric 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 Mynaric AG listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.06)
Revenue Per Share
0.223
Quarterly Revenue Growth
(0.69)
Return On Assets
(0.46)
Return On Equity
(2.34)
The market value of Mynaric AG ADR is measured differently than its book value, which is the value of Mynaric that is recorded on the company's balance sheet. Investors also form their own opinion of Mynaric AG's value that differs from its market value or its book value, called intrinsic value, which is Mynaric AG'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 Mynaric AG's market value can be influenced by many factors that don't directly affect Mynaric AG'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 Mynaric AG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mynaric AG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mynaric AG'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.