Spin Master Stock Forecast - Daily Balance Of Power

TOY Stock  CAD 32.43  0.48  1.50%   
Spin Stock Forecast is based on your current time horizon. Although Spin Master's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Spin Master's systematic risk associated with finding meaningful patterns of Spin Master fundamentals over time.
  
At this time, Spin Master's Payables Turnover is very stable compared to the past year. As of the 28th of November 2024, Receivables Turnover is likely to grow to 6.37, while Inventory Turnover is likely to drop 8.51. . As of the 28th of November 2024, Common Stock Shares Outstanding is likely to grow to about 111.9 M. Also, Net Income Applicable To Common Shares is likely to grow to about 315.5 M.
On August 21, 2024 Spin Master Corp had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of Spin Master Corp market sensitivity to bulls and bears. It estimates the ability of Spin Master buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Spin Master Balance of Power indicator one can determine a trend of the price direction.
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Spin Master Trading Date Momentum

On August 22 2024 Spin Master Corp was traded for  31.26  at the closing time. The maximum traded price for the trading interval was 31.59  and the lowest daily price was  31.06 . The daily volume was recorded at 42.4 K. The volume of trading on 22nd of August 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 0.10% . The trading price change to the closing price today is 2.81% .
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 Spin Master

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

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

Spin Master Corp 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 Spin Master'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 Spin Master's current price.

Spin Master Market Strength Events

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

Spin Master Risk Indicators

The analysis of Spin Master'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 Spin Master's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting spin 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.

Other Information on Investing in Spin Stock

Spin Master financial ratios help investors to determine whether Spin Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Spin with respect to the benefits of owning Spin Master security.