ANGI Homeservices Stock Forecast - Daily Balance Of Power

ANGI Stock  USD 1.61  0.01  0.63%   
ANGI Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of ANGI Homeservices' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The ANGI Homeservices' current Fixed Asset Turnover is estimated to increase to 15.84, while Inventory Turnover is projected to decrease to 3.45. . The current Common Stock Shares Outstanding is estimated to decrease to about 282.4 M. The ANGI Homeservices' current Net Loss is estimated to increase to about (109.8 M).
On October 11, 2024 ANGI Homeservices had Daily Balance Of Power of 0.8462. Balance of Power indicator (or BOP) measures the strength of ANGI Homeservices market sensitivity to bulls and bears. It estimates the ability of ANGI Homeservices buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring ANGI Homeservices Balance of Power indicator one can determine a trend of the price direction.
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ANGI Homeservices Trading Date Momentum

On October 14 2024 ANGI Homeservices was traded for  2.49  at the closing time. The top price for the day was 2.58  and the lowest listed price was  2.48 . The trading volume for the day was 205.6 K. The trading history from October 14, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 3.11% . The overall trading delta against the current closing price is 0.39% .
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 ANGI Homeservices

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

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 Risk & Return  Correlation

ANGI Homeservices 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 ANGI Homeservices' 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 ANGI Homeservices' current price.

ANGI Homeservices Market Strength Events

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

ANGI Homeservices Risk Indicators

The analysis of ANGI Homeservices' 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 ANGI Homeservices' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting angi 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 ANGI Homeservices offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ANGI Homeservices' 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 Angi Homeservices Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Angi Homeservices Stock:
Check out Historical Fundamental Analysis of ANGI Homeservices to cross-verify your projections.
For more detail on how to invest in ANGI Stock please use our How to Invest in ANGI Homeservices guide.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Interactive Media & 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 ANGI Homeservices. If investors know ANGI 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 ANGI Homeservices 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
(0.75)
Earnings Share
0.08
Revenue Per Share
2.213
Quarterly Revenue Growth
(0.20)
Return On Assets
0.0091
The market value of ANGI Homeservices is measured differently than its book value, which is the value of ANGI that is recorded on the company's balance sheet. Investors also form their own opinion of ANGI Homeservices' value that differs from its market value or its book value, called intrinsic value, which is ANGI Homeservices' 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 ANGI Homeservices' market value can be influenced by many factors that don't directly affect ANGI Homeservices' 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 ANGI Homeservices' value and its price as these two are different measures arrived at by different means. Investors typically determine if ANGI Homeservices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ANGI Homeservices' 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.