Tetra Technologies Stock Forecast - Daily Balance Of Power

TTI Stock  USD 3.87  0.09  2.27%   
Tetra Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Tetra Technologies' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The Tetra Technologies' current Fixed Asset Turnover is estimated to increase to 4.71, while Inventory Turnover is projected to decrease to 4.47. . The Tetra Technologies' current Net Income Applicable To Common Shares is estimated to increase to about 7.4 M, while Common Stock Shares Outstanding is projected to decrease to under 86.9 M.
On November 22, 2024 Tetra Technologies had Daily Balance Of Power of (0.11). Balance of Power indicator (or BOP) measures the strength of Tetra Technologies market sensitivity to bulls and bears. It estimates the ability of Tetra Technologies buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Tetra Technologies Balance of Power indicator one can determine a trend of the price direction.
Check Tetra Technologies VolatilityBacktest Tetra TechnologiesTrend Details  

Tetra Technologies Trading Date Momentum

On November 25 2024 Tetra Technologies was traded for  3.96  at the closing time. Highest Tetra Technologies's price during the trading hours was 4.12  and the lowest price during the day was  3.92 . The net volume was 940.3 K. The overall trading history on the 25th of November contributed to the next trading period price depreciation. The trading price change to the next next day price was 1.98% . The trading price change to current price is 1.73% .
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 Tetra Technologies to competition

Other Forecasting Options for Tetra Technologies

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

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

Tetra 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 Tetra 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 Tetra Technologies' current price.

Tetra Technologies Market Strength Events

Market strength indicators help investors to evaluate how Tetra 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 Tetra Technologies shares will generate the highest return on investment. By undertsting and applying Tetra Technologies stock market strength indicators, traders can identify Tetra Technologies entry and exit signals to maximize returns.

Tetra Technologies Risk Indicators

The analysis of Tetra 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 Tetra Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tetra 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 Tetra Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tetra Technologies' 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 Tetra Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tetra Technologies Stock:
Check out Historical Fundamental Analysis of Tetra Technologies to cross-verify your projections.
For more detail on how to invest in Tetra Stock please use our How to Invest in Tetra Technologies guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Oil & Gas Equipment & Services 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 Tetra Technologies. If investors know Tetra 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 Tetra Technologies 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
(0.58)
Earnings Share
0.06
Revenue Per Share
4.721
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0587
The market value of Tetra Technologies is measured differently than its book value, which is the value of Tetra that is recorded on the company's balance sheet. Investors also form their own opinion of Tetra Technologies' value that differs from its market value or its book value, called intrinsic value, which is Tetra 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 Tetra Technologies' market value can be influenced by many factors that don't directly affect Tetra 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 Tetra Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tetra Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tetra 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.