Scotts Miracle Stock Forecast - Daily Balance Of Power

SMG Stock  USD 74.23  0.68  0.92%   
Scotts Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Scotts Miracle's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At this time, Scotts Miracle's Receivables Turnover is most likely to increase in the upcoming years. The Scotts Miracle's current Asset Turnover is estimated to increase to 1.28, while Inventory Turnover is projected to decrease to 3.11. . The Scotts Miracle's current Common Stock Shares Outstanding is estimated to increase to about 62.8 M, while Net Loss is forecasted to increase to (415.3 M).
On December 5, 2024 Scotts Miracle Gro had Daily Balance Of Power of (0.17). Balance of Power indicator (or BOP) measures the strength of Scotts Miracle Gro market sensitivity to bulls and bears. It estimates the ability of Scotts Miracle buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Scotts Miracle Balance of Power indicator one can determine a trend of the price direction.
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Scotts Miracle Trading Date Momentum

On December 06 2024 Scotts Miracle Gro was traded for  75.47  at the closing time. Highest Scotts Miracle's price during the trading hours was 77.48  and the lowest price during the day was  74.67 . The net volume was 759.6 K. The overall trading history on the 6th of December contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.03% . The trading price change to current price is 1.87% .
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 Scotts Miracle

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

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

Scotts Miracle Gro 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 Scotts Miracle'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 Scotts Miracle's current price.

Scotts Miracle Market Strength Events

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

Scotts Miracle Risk Indicators

The analysis of Scotts Miracle'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 Scotts Miracle's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting scotts 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 Scotts Miracle Gro is a strong investment it is important to analyze Scotts Miracle'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 Scotts Miracle's future performance. For an informed investment choice regarding Scotts Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Scotts Miracle to cross-verify your projections.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Fertilizers & Agricultural Chemicals 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 Scotts Miracle. If investors know Scotts 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 Scotts Miracle 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
1.961
Dividend Share
2.64
Earnings Share
(0.61)
Revenue Per Share
62.548
Quarterly Revenue Growth
0.107
The market value of Scotts Miracle Gro is measured differently than its book value, which is the value of Scotts that is recorded on the company's balance sheet. Investors also form their own opinion of Scotts Miracle's value that differs from its market value or its book value, called intrinsic value, which is Scotts Miracle'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 Scotts Miracle's market value can be influenced by many factors that don't directly affect Scotts Miracle'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 Scotts Miracle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Scotts Miracle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scotts Miracle'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.