Newegg Commerce Stock Forecast - Daily Balance Of Power
NEGG Stock | USD 3.98 0.22 5.85% |
Newegg Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Newegg Commerce's historical fundamentals, such as revenue growth or operating cash flow patterns.
The current Inventory Turnover is estimated to decrease to 8.35. The current Payables Turnover is estimated to decrease to 5.50. The current Common Stock Shares Outstanding is estimated to decrease to about 12.6 M. The Newegg Commerce's current Net Loss is estimated to increase to about (62.7 M). Open Interest Against 2025-05-16 Newegg Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Newegg Commerce's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Newegg Commerce's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Newegg Commerce stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Newegg Commerce's open interest, investors have to compare it to Newegg Commerce's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Newegg Commerce is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Newegg. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
1.0 | (0.60) |
Check Newegg Commerce Volatility | Backtest Newegg Commerce | Trend Details |
Newegg Commerce Trading Date Momentum
On September 04 2024 Newegg Commerce was traded for 15.40 at the closing time. The top price for the day was 16.00 and the lowest listed price was 15.00 . The trading volume for the day was 17.3 K. The trading history from September 4, 2024 did not cause price change. The trading delta at closing time against the current closing price is 3.90% . |
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 Newegg Commerce to competition |
Other Forecasting Options for Newegg Commerce
For every potential investor in Newegg, whether a beginner or expert, Newegg Commerce's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Newegg Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Newegg. Basic forecasting techniques help filter out the noise by identifying Newegg Commerce's price trends.View Newegg Commerce Related Equities
Risk & Return | Correlation |
Newegg Commerce 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 Newegg Commerce'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 Newegg Commerce's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
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Volume Indicators |
Newegg Commerce Market Strength Events
Market strength indicators help investors to evaluate how Newegg Commerce stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Newegg Commerce shares will generate the highest return on investment. By undertsting and applying Newegg Commerce stock market strength indicators, traders can identify Newegg Commerce entry and exit signals to maximize returns.
Newegg Commerce Risk Indicators
The analysis of Newegg Commerce'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 Newegg Commerce's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting newegg 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.
Mean Deviation | 4.41 | |||
Standard Deviation | 6.52 | |||
Variance | 42.45 |
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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Check out Historical Fundamental Analysis of Newegg Commerce to cross-verify your projections. For more detail on how to invest in Newegg Stock please use our How to Invest in Newegg Commerce guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Computer & Electronics Retail 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 Newegg Commerce. If investors know Newegg 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 Newegg Commerce 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 (0.41) | Earnings Share (3.11) | Revenue Per Share | Quarterly Revenue Growth (0.14) | Return On Assets |
The market value of Newegg Commerce is measured differently than its book value, which is the value of Newegg that is recorded on the company's balance sheet. Investors also form their own opinion of Newegg Commerce's value that differs from its market value or its book value, called intrinsic value, which is Newegg Commerce'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 Newegg Commerce's market value can be influenced by many factors that don't directly affect Newegg Commerce'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 Newegg Commerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Newegg Commerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newegg Commerce'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.