Sonim Technologies Stock Forecast - Daily Balance Of Power
| SONM Stock | USD 3.31 0.02 0.60% |
Sonim Stock Forecast is based on your current time horizon. Although Sonim Technologies' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Sonim Technologies' systematic risk associated with finding meaningful patterns of Sonim Technologies fundamentals over time.
Sonim |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.44) | (0.17) |
| Check Sonim Technologies Volatility | Backtest Sonim Technologies | Trend Details |
Sonim Technologies Trading Date Momentum
| On July 17 2024 Sonim Technologies was traded for 4.14 at the closing time. The top price for the day was 4.90 and the lowest listed price was 3.51 . The trading volume for the day was 365.8 K. The trading history from July 17, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 18.18% . The trading price change against the current closing price is 32.61% . |
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.
| Compare Sonim Technologies to competition |
Other Forecasting Options for Sonim Technologies
For every potential investor in Sonim, whether a beginner or expert, Sonim Technologies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sonim Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sonim. Basic forecasting techniques help filter out the noise by identifying Sonim Technologies' price trends.Sonim Technologies 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 Sonim Technologies stock to make a market-neutral strategy. Peer analysis of Sonim Technologies could also be used in its relative valuation, which is a method of valuing Sonim Technologies by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Sonim Technologies 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 Sonim Technologies' 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 Sonim Technologies' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Sonim Technologies Market Strength Events
Market strength indicators help investors to evaluate how Sonim Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sonim Technologies shares will generate the highest return on investment. By undertsting and applying Sonim Technologies stock market strength indicators, traders can identify Sonim Technologies entry and exit signals to maximize returns.
| Accumulation Distribution | 2852.5 | |||
| Daily Balance Of Power | (0.05) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 3.3 | |||
| Day Typical Price | 3.3 | |||
| Period Momentum Indicator | (0.02) | |||
| Relative Strength Index | 55.68 |
Sonim Technologies Risk Indicators
The analysis of Sonim Technologies' 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 Sonim Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sonim 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.
| Mean Deviation | 2.88 | |||
| Semi Deviation | 2.77 | |||
| Standard Deviation | 4.16 | |||
| Variance | 17.29 | |||
| Downside Variance | 10.27 | |||
| Semi Variance | 7.65 | |||
| Expected Short fall | (3.66) |
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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Sonim Technologies to cross-verify your projections. To learn how to invest in Sonim Stock, please use our How to Invest in Sonim Technologies guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Technology Hardware, Storage & Peripherals 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 Sonim Technologies. If investors know Sonim 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 Sonim Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.90) | Revenue Per Share 15.959 | Quarterly Revenue Growth (0.57) | Return On Assets (0.12) | Return On Equity (0.53) |
The market value of Sonim Technologies is measured differently than its book value, which is the value of Sonim that is recorded on the company's balance sheet. Investors also form their own opinion of Sonim Technologies' value that differs from its market value or its book value, called intrinsic value, which is Sonim Technologies' 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 Sonim Technologies' market value can be influenced by many factors that don't directly affect Sonim Technologies' 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 Sonim Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonim Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonim Technologies' 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.