ENDRA Life Stock Forecast - Accumulation Distribution

NDRA Stock  USD 5.71  0.34  5.62%   
ENDRA Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast ENDRA Life stock prices and determine the direction of ENDRA Life Sciences's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of ENDRA Life's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of November 30, 2024, Inventory Turnover is expected to decline to 0.1. In addition to that, Payables Turnover is expected to decline to 0.73. The current year's Common Stock Shares Outstanding is expected to grow to about 9.5 M, whereas Net Loss is forecasted to decline to (12.5 M).
On October 25, 2024 ENDRA Life Sciences had Accumulation Distribution of 24337.38. The accumulation distribution (A/D) indicator shows the degree to which ENDRA Life is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of ENDRA Life Sciences to determine if accumulation or reduction is taking place in the market. This value is adjusted by ENDRA Life trading volume to give more weight to distributions with higher volume over lower volume.
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ENDRA Life Trading Date Momentum

On October 28 2024 ENDRA Life Sciences was traded for  9.73  at the closing time. The top price for the day was 10.67  and the lowest listed price was  9.06 . The trading volume for the day was 86.7 K. The trading history from October 28, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.71% . The overall trading delta against the current closing price is 0.00% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for ENDRA Life

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

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

ENDRA Life Sciences 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 ENDRA Life'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 ENDRA Life's current price.

ENDRA Life Market Strength Events

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

ENDRA Life Risk Indicators

The analysis of ENDRA Life'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 ENDRA Life's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting endra 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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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 ENDRA Life Sciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ENDRA Life'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 Endra Life Sciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Endra Life Sciences Stock:
Check out Historical Fundamental Analysis of ENDRA Life to cross-verify your projections.
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Is Health Care Equipment & Supplies 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 ENDRA Life. If investors know ENDRA 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 ENDRA Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
-3 K
Return On Assets
(0.61)
Return On Equity
(1.20)
The market value of ENDRA Life Sciences is measured differently than its book value, which is the value of ENDRA that is recorded on the company's balance sheet. Investors also form their own opinion of ENDRA Life's value that differs from its market value or its book value, called intrinsic value, which is ENDRA Life'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 ENDRA Life's market value can be influenced by many factors that don't directly affect ENDRA Life'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 ENDRA Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if ENDRA Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ENDRA Life'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.