MYT Netherlands Stock Forecast - Rate Of Daily Change

MYTE Stock  USD 6.78  0.19  2.73%   
MYT Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast MYT Netherlands stock prices and determine the direction of MYT Netherlands Parent's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of MYT Netherlands' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, MYT Netherlands' Payables Turnover is projected to increase slightly based on the last few years of reporting. The current year's Fixed Asset Turnover is expected to grow to 15.83, whereas Receivables Turnover is forecasted to decline to 65.14. . As of November 28, 2024, Common Stock Shares Outstanding is expected to decline to about 68.3 M. The current year's Net Loss is expected to grow to about (12.9 M).
On November 24, 2024 MYT Netherlands Parent had Rate Of Daily Change of 1.0. Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of MYT Netherlands.
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MYT Netherlands Trading Date Momentum

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for MYT Netherlands

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

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

MYT Netherlands Parent 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 MYT Netherlands' 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 MYT Netherlands' current price.

MYT Netherlands Market Strength Events

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

MYT Netherlands Risk Indicators

The analysis of MYT Netherlands' 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 MYT Netherlands' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting myt 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 MYT Netherlands Parent is a strong investment it is important to analyze MYT Netherlands' 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 MYT Netherlands' future performance. For an informed investment choice regarding MYT Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of MYT Netherlands to cross-verify your projections.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Apparel, Accessories & Luxury Goods 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 MYT Netherlands. If investors know MYT 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 MYT Netherlands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.91)
Earnings Share
(0.44)
Revenue Per Share
9.687
Quarterly Revenue Growth
0.104
Return On Assets
(0.01)
The market value of MYT Netherlands Parent is measured differently than its book value, which is the value of MYT that is recorded on the company's balance sheet. Investors also form their own opinion of MYT Netherlands' value that differs from its market value or its book value, called intrinsic value, which is MYT Netherlands' 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 MYT Netherlands' market value can be influenced by many factors that don't directly affect MYT Netherlands' 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 MYT Netherlands' value and its price as these two are different measures arrived at by different means. Investors typically determine if MYT Netherlands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MYT Netherlands' 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.