Plug Power Stock Forecast - Rate Of Daily Change

PLUG Stock  USD 2.13  0.06  2.90%   
Plug Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Plug Power's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At this time, Plug Power's Payables Turnover is most likely to drop slightly in the upcoming years. The Plug Power's current Asset Turnover is estimated to increase to 0.20, while Inventory Turnover is projected to decrease to 1.38. . The Plug Power's current Common Stock Shares Outstanding is estimated to increase to about 625.2 M, while Net Loss is forecasted to increase to (619 M).
Plug Power has current Rate Of Daily Change of 1.03. Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Plug Power.
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Plug Power Trading Date Momentum

On November 27 2024 Plug Power was traded for  2.13  at the closing time. The top price for the day was 2.30  and the lowest listed price was  2.07 . The trading volume for the day was 54.1 M. The trading history from November 27, 2024 did not cause price change. The trading delta at closing time against the current closing price is 2.82% .
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for Plug Power

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

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

Plug Power 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 Plug Power'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 Plug Power's current price.

Plug Power Market Strength Events

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

Plug Power Risk Indicators

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

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When determining whether Plug Power is a strong investment it is important to analyze Plug Power's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Plug Power's future performance. For an informed investment choice regarding Plug Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Plug Power to cross-verify your projections.
For more detail on how to invest in Plug Stock please use our How to Invest in Plug Power guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Electrical Components & Equipment 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 Plug Power. If investors know Plug 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 Plug Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.11)
Revenue Per Share
0.929
Quarterly Revenue Growth
(0.13)
Return On Assets
(0.13)
Return On Equity
(0.43)
The market value of Plug Power is measured differently than its book value, which is the value of Plug that is recorded on the company's balance sheet. Investors also form their own opinion of Plug Power's value that differs from its market value or its book value, called intrinsic value, which is Plug Power'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 Plug Power's market value can be influenced by many factors that don't directly affect Plug Power'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 Plug Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plug Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plug Power'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.