Nexalin Technology Stock Forecast - Daily Balance Of Power

NXL Stock  USD 4.18  0.09  2.11%   
Nexalin Stock Forecast is based on your current time horizon. Although Nexalin Technology's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Nexalin Technology's systematic risk associated with finding meaningful patterns of Nexalin Technology fundamentals over time.
  
Payables Turnover is expected to rise to 0.32 this year, although the value of Inventory Turnover will most likely fall to 0.16. . Common Stock Shares Outstanding is expected to rise to about 8 M this year, although the value of Net Loss will most likely fall to (2.1 M).
On March 14, 2024 Nexalin Technology had Daily Balance Of Power of 0.8182. Balance of Power indicator (or BOP) measures the strength of Nexalin Technology market sensitivity to bulls and bears. It estimates the ability of Nexalin Technology buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Nexalin Technology Balance of Power indicator one can determine a trend of the price direction.
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Nexalin Technology Trading Date Momentum

On March 15 2024 Nexalin Technology was traded for  0.47  at the closing time. Highest Nexalin Technology's price during the trading hours was 0.54  and the lowest price during the day was  0.43 . The net volume was 93.7 K. The overall trading history on the 15th of March 2024 contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 12.96% . The trading delta at closing time to current price is 24.07% .
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 Nexalin Technology

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

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Nexalin Technology 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 Nexalin Technology'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 Nexalin Technology's current price.

Nexalin Technology Market Strength Events

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

Nexalin Technology Risk Indicators

The analysis of Nexalin Technology'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 Nexalin Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nexalin 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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When determining whether Nexalin Technology is a strong investment it is important to analyze Nexalin Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nexalin Technology's future performance. For an informed investment choice regarding Nexalin Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Nexalin Technology to cross-verify your projections.
For more information on how to buy Nexalin Stock please use our How to buy in Nexalin Stock guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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 Nexalin Technology. If investors know Nexalin 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 Nexalin Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.65)
Revenue Per Share
0.02
Quarterly Revenue Growth
(0.24)
Return On Assets
(1.19)
Return On Equity
(2.02)
The market value of Nexalin Technology is measured differently than its book value, which is the value of Nexalin that is recorded on the company's balance sheet. Investors also form their own opinion of Nexalin Technology's value that differs from its market value or its book value, called intrinsic value, which is Nexalin Technology'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 Nexalin Technology's market value can be influenced by many factors that don't directly affect Nexalin Technology'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 Nexalin Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nexalin Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nexalin Technology'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.