Piedmont Lithium Stock Forecast - Daily Balance Of Power

PLL Stock  USD 13.25  1.20  9.96%   
Piedmont Stock Forecast is based on your current time horizon. Although Piedmont Lithium's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Piedmont Lithium's systematic risk associated with finding meaningful patterns of Piedmont Lithium fundamentals over time.
  
At this time, Piedmont Lithium's Receivables Turnover is quite stable compared to the past year. Fixed Asset Turnover is expected to rise to 662.44 this year, although the value of Inventory Turnover will most likely fall to 5.57. . Common Stock Shares Outstanding is expected to rise to about 20.2 M this year.
On October 23, 2024 Piedmont Lithium Ltd had Daily Balance Of Power of (0.54). Balance of Power indicator (or BOP) measures the strength of Piedmont Lithium Ltd market sensitivity to bulls and bears. It estimates the ability of Piedmont Lithium buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Piedmont Lithium Balance of Power indicator one can determine a trend of the price direction.
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Piedmont Lithium Trading Date Momentum

On October 24 2024 Piedmont Lithium Ltd was traded for  12.44  at the closing time. Highest Piedmont Lithium's price during the trading hours was 12.47  and the lowest price during the day was  11.15 . The net volume was 943.3 K. The overall trading history on the 24th of October contributed to the next trading period price upswing. The trading delta at closing time to the next next day price was 10.48% . The trading delta at closing time to current price is 6.57% .
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 Piedmont Lithium

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

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 Risk & Return  Correlation

Piedmont Lithium 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 Piedmont Lithium'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 Piedmont Lithium's current price.

Piedmont Lithium Market Strength Events

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

Piedmont Lithium Risk Indicators

The analysis of Piedmont Lithium'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 Piedmont Lithium's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting piedmont 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 Piedmont Lithium is a strong investment it is important to analyze Piedmont Lithium'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 Piedmont Lithium's future performance. For an informed investment choice regarding Piedmont Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Piedmont Lithium to cross-verify your projections.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Diversified Metals & Mining 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 Piedmont Lithium. If investors know Piedmont 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 Piedmont Lithium listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.293
Earnings Share
(4.10)
Revenue Per Share
0.024
Quarterly Revenue Growth
(0.41)
Return On Assets
(0.09)
The market value of Piedmont Lithium is measured differently than its book value, which is the value of Piedmont that is recorded on the company's balance sheet. Investors also form their own opinion of Piedmont Lithium's value that differs from its market value or its book value, called intrinsic value, which is Piedmont Lithium'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 Piedmont Lithium's market value can be influenced by many factors that don't directly affect Piedmont Lithium'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 Piedmont Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Piedmont Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Piedmont Lithium'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.