Onewater Marine Stock Forecast - Daily Balance Of Power

ONEW Stock  USD 22.15  0.62  2.88%   
Onewater Stock Forecast is based on your current time horizon.
  
At this time, Onewater Marine's Inventory Turnover is fairly stable compared to the past year. Payables Turnover is likely to climb to 68.93 in 2024, whereas Receivables Turnover is likely to drop 17.99 in 2024. . Net Income Applicable To Common Shares is likely to climb to about 158.1 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 9.9 M in 2024.
On November 5, 2024 Onewater Marine had Daily Balance Of Power of 0.8. Balance of Power indicator (or BOP) measures the strength of Onewater Marine market sensitivity to bulls and bears. It estimates the ability of Onewater Marine buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Onewater Marine Balance of Power indicator one can determine a trend of the price direction.
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Onewater Marine Trading Date Momentum

On November 06 2024 Onewater Marine was traded for  25.81  at the closing time. The top price for the day was 26.78  and the lowest listed price was  24.51 . The trading volume for the day was 204.9 K. The trading history from November 6, 2024 was a factor to the next trading day price increase. The trading delta at closing time against the next closing price was 10.06% . The trading delta at closing time against the current closing price is 8.49% .
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 Onewater Marine

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

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

Onewater Marine 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 Onewater Marine'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 Onewater Marine's current price.

Onewater Marine Market Strength Events

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

Onewater Marine Risk Indicators

The analysis of Onewater Marine'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 Onewater Marine's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting onewater 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Onewater Stock Analysis

When running Onewater Marine's price analysis, check to measure Onewater Marine'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 Onewater Marine is operating at the current time. Most of Onewater Marine's value examination focuses on studying past and present price action to predict the probability of Onewater Marine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Onewater Marine's price. Additionally, you may evaluate how the addition of Onewater Marine to your portfolios can decrease your overall portfolio volatility.