Profire Ene Stock Forecast - Daily Balance Of Power

PFIE Stock  USD 2.52  0.01  0.40%   
Profire Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Profire Ene stock prices and determine the direction of Profire Ene's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Profire Ene's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Profire Ene's Fixed Asset Turnover is projected to drop slightly based on the last few years of reporting. . The current year's Common Stock Shares Outstanding is expected to grow to about 49.3 M, whereas Net Income Applicable To Common Shares is forecasted to decline to about 1.9 M.
On November 13, 2024 Profire Ene had Daily Balance Of Power of 1.0. Balance of Power indicator (or BOP) measures the strength of Profire Ene market sensitivity to bulls and bears. It estimates the ability of Profire Ene buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Profire Ene Balance of Power indicator one can determine a trend of the price direction.
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Profire Ene Trading Date Momentum

On November 14 2024 Profire Ene was traded for  2.52  at the closing time. The top price for the day was 2.52  and the lowest listed price was  2.51 . The trading volume for the day was 616.1 K. The trading history from November 14, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.00% .
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 Profire Ene

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

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

Profire Ene 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 Profire Ene'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 Profire Ene's current price.

Profire Ene Market Strength Events

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

Profire Ene Risk Indicators

The analysis of Profire Ene'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 Profire Ene's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting profire 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.
When determining whether Profire Ene is a strong investment it is important to analyze Profire Ene'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 Profire Ene's future performance. For an informed investment choice regarding Profire Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Profire Ene to cross-verify your projections.
For information on how to trade Profire Stock refer to our How to Trade Profire Stock guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Oil & Gas Equipment & Services 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 Profire Ene. If investors know Profire 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 Profire Ene listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.19
Revenue Per Share
1.276
Quarterly Revenue Growth
0.151
Return On Assets
0.0941
Return On Equity
0.1541
The market value of Profire Ene is measured differently than its book value, which is the value of Profire that is recorded on the company's balance sheet. Investors also form their own opinion of Profire Ene's value that differs from its market value or its book value, called intrinsic value, which is Profire Ene'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 Profire Ene's market value can be influenced by many factors that don't directly affect Profire Ene'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 Profire Ene's value and its price as these two are different measures arrived at by different means. Investors typically determine if Profire Ene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Profire Ene'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.