Ascent Solar Stock Forecast - Daily Balance Of Power

ASTI Stock  USD 2.55  0.12  4.49%   
Ascent Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Ascent Solar's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, Ascent Solar's Inventory Turnover is increasing as compared to previous years. The Ascent Solar's current Receivables Turnover is estimated to increase to 653.21, while Payables Turnover is projected to decrease to 3.10. . The Ascent Solar's current Common Stock Shares Outstanding is estimated to increase to about 1.1 M, while Net Loss is projected to decrease to (23.9 M).
On March 7, 2024 Ascent Solar Technologies, had Daily Balance Of Power of 0.7069. Balance of Power indicator (or BOP) measures the strength of Ascent Solar Technologies, market sensitivity to bulls and bears. It estimates the ability of Ascent Solar buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Ascent Solar Balance of Power indicator one can determine a trend of the price direction.
Check Ascent Solar VolatilityBacktest Ascent SolarTrend Details  

Ascent Solar Trading Date Momentum

On March 08 2024 Ascent Solar Technologies, was traded for  36.50  at the closing time. The top price for the day was 53.00  and the lowest listed price was  36.13 . The trading volume for the day was 5 M. The trading history from March 8, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 6.77% . The overall trading delta against the current closing price is 8.56% .
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 Ascent Solar to competition

Other Forecasting Options for Ascent Solar

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

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

Ascent Solar Technol 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 Ascent Solar'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 Ascent Solar's current price.

Ascent Solar Market Strength Events

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

Ascent Solar Risk Indicators

The analysis of Ascent Solar'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 Ascent Solar's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ascent 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 Ascent Solar Technol offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ascent Solar's 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 Ascent Solar Technologies, Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ascent Solar Technologies, Stock:
Check out Historical Fundamental Analysis of Ascent Solar to cross-verify your projections.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Semiconductors & Semiconductor 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 Ascent Solar. If investors know Ascent 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 Ascent Solar 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
(0.90)
Earnings Share
2.2 K
Revenue Per Share
1.79
Quarterly Revenue Growth
(0.73)
Return On Assets
(0.49)
The market value of Ascent Solar Technol is measured differently than its book value, which is the value of Ascent that is recorded on the company's balance sheet. Investors also form their own opinion of Ascent Solar's value that differs from its market value or its book value, called intrinsic value, which is Ascent Solar'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 Ascent Solar's market value can be influenced by many factors that don't directly affect Ascent Solar'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 Ascent Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ascent Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ascent Solar'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.