Cricut Stock Forecast - Relative Strength Index

CRCT Stock  USD 5.97  0.02  0.34%   
Cricut Stock Forecast is based on your current time horizon.
  
At this time, Cricut's Inventory Turnover is comparatively stable compared to the past year. Fixed Asset Turnover is likely to gain to 20.41 in 2024, whereas Payables Turnover is likely to drop 3.60 in 2024. . Net Income Applicable To Common Shares is likely to gain to about 97.7 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 203.5 M in 2024.
Cricut Inc has current Relative Strength Index of 37.42.
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Cricut Trading Date Momentum

On December 15 2024 Cricut Inc was traded for  5.97  at the closing time. The top price for the day was 6.01  and the lowest listed price was  5.85 . There was no trading activity during the period 0.0. Lack of trading volume on December 15, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.67% .
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Other Forecasting Options for Cricut

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

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

Cricut Inc 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 Cricut'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 Cricut's current price.

Cricut Market Strength Events

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

Cricut Risk Indicators

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

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Cricut Stock Analysis

When running Cricut's price analysis, check to measure Cricut's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cricut is operating at the current time. Most of Cricut's value examination focuses on studying past and present price action to predict the probability of Cricut's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cricut's price. Additionally, you may evaluate how the addition of Cricut to your portfolios can decrease your overall portfolio volatility.