Verde Agritech Stock Forecast - Daily Balance Of Power

NPK Stock  CAD 0.63  0.02  3.28%   
Verde Stock Forecast is based on your current time horizon. Although Verde Agritech's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Verde Agritech's systematic risk associated with finding meaningful patterns of Verde Agritech fundamentals over time.
  
At this time, Verde Agritech's Payables Turnover is very stable compared to the past year. As of the 28th of November 2024, Receivables Turnover is likely to grow to 4.84, while Inventory Turnover is likely to drop 3.94. . As of the 28th of November 2024, Net Income Applicable To Common Shares is likely to grow to about 21.5 M, while Common Stock Shares Outstanding is likely to drop about 42 M.
On April 21, 2023 Verde Agritech PLC had Daily Balance Of Power of (0.89). Balance of Power indicator (or BOP) measures the strength of Verde Agritech PLC market sensitivity to bulls and bears. It estimates the ability of Verde Agritech buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Verde Agritech Balance of Power indicator one can determine a trend of the price direction.
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Verde Agritech Trading Date Momentum

On April 24 2023 Verde Agritech PLC was traded for  2.28  at the closing time. The maximum traded price for the trading interval was 2.36  and the lowest daily price was  2.10 . The daily volume was recorded at 730 K. The volume of trading on 24th of April 2023 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 2.98% . The trading price change to the closing price today is 8.09% .
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 Verde Agritech

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

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

Verde Agritech PLC 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 Verde Agritech'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 Verde Agritech's current price.

Verde Agritech Market Strength Events

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

Verde Agritech Risk Indicators

The analysis of Verde Agritech'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 Verde Agritech's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting verde 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.

Pair Trading with Verde Agritech

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Verde Agritech position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Verde Agritech will appreciate offsetting losses from the drop in the long position's value.

Moving against Verde Stock

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The ability to find closely correlated positions to Verde Agritech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Verde Agritech when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Verde Agritech - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Verde Agritech PLC to buy it.
The correlation of Verde Agritech is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Verde Agritech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Verde Agritech PLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Verde Agritech can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Verde Stock

Verde Agritech financial ratios help investors to determine whether Verde 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 Verde with respect to the benefits of owning Verde Agritech security.