Ohmyhome Limited Stock Forecast - Daily Balance Of Power

OMH Stock   0.39  0.01  2.63%   
Ohmyhome Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Ohmyhome Limited's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The Ohmyhome Limited's current Inventory Turnover is estimated to increase to 111.27, while Payables Turnover is projected to decrease to 6.95. . The Ohmyhome Limited's current Common Stock Shares Outstanding is estimated to increase to about 19.1 M, while Net Loss is projected to decrease to (2.2 M).
On May 9, 2024 Ohmyhome Limited Ordinary had Daily Balance Of Power of (0.67). Balance of Power indicator (or BOP) measures the strength of Ohmyhome Limited Ordinary market sensitivity to bulls and bears. It estimates the ability of Ohmyhome Limited buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Ohmyhome Limited Balance of Power indicator one can determine a trend of the price direction.
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Ohmyhome Limited Trading Date Momentum

On May 10 2024 Ohmyhome Limited Ordinary was traded for  0.50  at the closing time. Highest Ohmyhome Limited's price during the trading hours was 0.50  and the lowest price during the day was  0.48 . The net volume was 224.9 K. The overall trading history on the 10th of May did not cause price change. The trading delta at closing time to current price is 2.00% .
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 Ohmyhome Limited

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

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

Ohmyhome Limited Ordinary 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 Ohmyhome Limited'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 Ohmyhome Limited's current price.

Ohmyhome Limited Market Strength Events

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

Ohmyhome Limited Risk Indicators

The analysis of Ohmyhome Limited'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 Ohmyhome Limited's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ohmyhome 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.

Currently Active Assets on Macroaxis

When determining whether Ohmyhome Limited Ordinary offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ohmyhome Limited's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ohmyhome Limited Ordinary Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ohmyhome Limited Ordinary Stock:
Check out Historical Fundamental Analysis of Ohmyhome Limited to cross-verify your projections.
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Is Real Estate Management & Development 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 Ohmyhome Limited. If investors know Ohmyhome 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 Ohmyhome Limited listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.22)
Revenue Per Share
0.379
Quarterly Revenue Growth
1.063
Return On Assets
(0.36)
Return On Equity
(0.82)
The market value of Ohmyhome Limited Ordinary is measured differently than its book value, which is the value of Ohmyhome that is recorded on the company's balance sheet. Investors also form their own opinion of Ohmyhome Limited's value that differs from its market value or its book value, called intrinsic value, which is Ohmyhome Limited'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 Ohmyhome Limited's market value can be influenced by many factors that don't directly affect Ohmyhome Limited'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 Ohmyhome Limited's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ohmyhome Limited is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ohmyhome Limited'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.