STAAR Surgical Stock Forecast - Daily Balance Of Power

STAA Stock  USD 26.68  0.05  0.19%   
STAAR Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast STAAR Surgical stock prices and determine the direction of STAAR Surgical's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of STAAR Surgical's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, STAAR Surgical's Inventory Turnover is projected to increase slightly based on the last few years of reporting. The current year's Receivables Turnover is expected to grow to 6.83, whereas Payables Turnover is forecasted to decline to 3.73. . The current year's Net Income Applicable To Common Shares is expected to grow to about 46.8 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 28.8 M.
On December 29, 2023 STAAR Surgical had Daily Balance Of Power of (0.80). Balance of Power indicator (or BOP) measures the strength of STAAR Surgical market sensitivity to bulls and bears. It estimates the ability of STAAR Surgical buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring STAAR Surgical Balance of Power indicator one can determine a trend of the price direction.
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STAAR Surgical Trading Date Momentum

On January 02 2024 STAAR Surgical was traded for  29.73  at the closing time. The top price for the day was 31.06  and the lowest listed price was  29.50 . The trading volume for the day was 963.4 K. The trading history from January 2, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 4.74% . The trading price change against the current closing price is 6.12% .
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 STAAR Surgical

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

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

STAAR Surgical 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 STAAR Surgical'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 STAAR Surgical's current price.

STAAR Surgical Market Strength Events

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

STAAR Surgical Risk Indicators

The analysis of STAAR Surgical'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 STAAR Surgical's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting staar 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 STAAR Surgical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of STAAR Surgical's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Staar Surgical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Staar Surgical Stock:
Check out Historical Fundamental Analysis of STAAR Surgical to cross-verify your projections.
For information on how to trade STAAR Stock refer to our How to Trade STAAR Stock guide.
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Is Health Care Equipment & Supplies 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 STAAR Surgical. If investors know STAAR 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 STAAR Surgical 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
1.018
Earnings Share
0.44
Revenue Per Share
6.962
Quarterly Revenue Growth
0.103
Return On Assets
0.0339
The market value of STAAR Surgical is measured differently than its book value, which is the value of STAAR that is recorded on the company's balance sheet. Investors also form their own opinion of STAAR Surgical's value that differs from its market value or its book value, called intrinsic value, which is STAAR Surgical'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 STAAR Surgical's market value can be influenced by many factors that don't directly affect STAAR Surgical'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 STAAR Surgical's value and its price as these two are different measures arrived at by different means. Investors typically determine if STAAR Surgical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, STAAR Surgical'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.