Next Biometrics Stock Forecast - Daily Balance Of Power
| NEXT Stock | NOK 6.60 0.04 0.60% |
Next Stock Forecast is based on your current time horizon.
Next |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.5238 | 0.4 |
| Check Next Biometrics Volatility | Backtest Next Biometrics | Trend Details |
Next Biometrics Trading Date Momentum
| On November 25 2024 Next Biometrics Group was traded for 6.50 at the closing time. The highest price during the trading period was 6.82 and the lowest recorded bid was listed for 6.44 . The volume for the day was 187.8 K. This history from November 25, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 6.07% . The trading delta at closing time to the current price is 3.18% . |
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 Next Biometrics
For every potential investor in Next, whether a beginner or expert, Next Biometrics' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Next Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Next. Basic forecasting techniques help filter out the noise by identifying Next Biometrics' price trends.Next Biometrics 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 Next Biometrics stock to make a market-neutral strategy. Peer analysis of Next Biometrics could also be used in its relative valuation, which is a method of valuing Next Biometrics by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Next Biometrics Group 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 Next Biometrics' 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 Next Biometrics' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Next Biometrics Market Strength Events
Market strength indicators help investors to evaluate how Next Biometrics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Next Biometrics shares will generate the highest return on investment. By undertsting and applying Next Biometrics stock market strength indicators, traders can identify Next Biometrics Group entry and exit signals to maximize returns.
Next Biometrics Risk Indicators
The analysis of Next Biometrics' 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 Next Biometrics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting next 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 | 1.38 | |||
| Standard Deviation | 1.92 | |||
| Variance | 3.7 |
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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Next Biometrics financial ratios help investors to determine whether Next Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Next with respect to the benefits of owning Next Biometrics security.