Next Hydrogen Stock Forecast - Daily Balance Of Power

NXH Stock   0.41  0.03  6.82%   
Next Stock Forecast is based on your current time horizon.
  
At this time, Next Hydrogen's Fixed Asset Turnover is fairly stable compared to the past year. Asset Turnover is likely to climb to 0.04 in 2024, whereas Inventory Turnover is likely to drop 0.21 in 2024. . Common Stock Shares Outstanding is likely to climb to about 25.2 M in 2024, despite the fact that Net Loss is likely to grow to (21.4 M).
On November 13, 2024 Next Hydrogen Solutions had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of Next Hydrogen Solutions market sensitivity to bulls and bears. It estimates the ability of Next Hydrogen buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Next Hydrogen Balance of Power indicator one can determine a trend of the price direction.
Check Next Hydrogen VolatilityBacktest Next HydrogenTrend Details  

Next Hydrogen Trading Date Momentum

On November 14 2024 Next Hydrogen Solutions was traded for  0.40  at the closing time. The highest daily price throughout the period was 0.42  and the lowest price was  0.40 . The daily volume was 29.4 K. The net trading volume on 11/14/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 11.11% . The trading delta at closing time to current closing price is 6.67% .
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 Next Hydrogen to competition

Other Forecasting Options for Next Hydrogen

For every potential investor in Next, whether a beginner or expert, Next Hydrogen's 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 Hydrogen's price trends.

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

Next Hydrogen Solutions 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 Hydrogen'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 Next Hydrogen's current price.

Next Hydrogen Market Strength Events

Market strength indicators help investors to evaluate how Next Hydrogen 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 Hydrogen shares will generate the highest return on investment. By undertsting and applying Next Hydrogen stock market strength indicators, traders can identify Next Hydrogen Solutions entry and exit signals to maximize returns.

Next Hydrogen Risk Indicators

The analysis of Next Hydrogen'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 Next Hydrogen's 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.
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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Next Stock Analysis

When running Next Hydrogen's price analysis, check to measure Next Hydrogen's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Next Hydrogen is operating at the current time. Most of Next Hydrogen's value examination focuses on studying past and present price action to predict the probability of Next Hydrogen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Next Hydrogen's price. Additionally, you may evaluate how the addition of Next Hydrogen to your portfolios can decrease your overall portfolio volatility.