IMAC Holdings Stock Forecast - Daily Balance Of Power

BACK Stock  USD 1.21  0.09  8.04%   
IMAC Stock Forecast is based on your current time horizon. Although IMAC Holdings' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of IMAC Holdings' systematic risk associated with finding meaningful patterns of IMAC Holdings fundamentals over time.
  
At this time, IMAC Holdings' Payables Turnover is quite stable compared to the past year. Receivables Turnover is expected to rise to 7.69 this year, although the value of Inventory Turnover will most likely fall to 5.91. . Common Stock Shares Outstanding is expected to rise to about 1.2 M this year, although the value of Net Loss will most likely fall to (10 M).
On October 22, 2024 IMAC Holdings had Daily Balance Of Power of 0.25. Balance of Power indicator (or BOP) measures the strength of IMAC Holdings market sensitivity to bulls and bears. It estimates the ability of IMAC Holdings buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring IMAC Holdings Balance of Power indicator one can determine a trend of the price direction.
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IMAC Holdings Trading Date Momentum

On October 23 2024 IMAC Holdings was traded for  1.39  at the closing time. The top price for the day was 1.42  and the lowest listed price was  1.36 . The trading volume for the day was 14.8 K. The trading history from October 23, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.11% . The trading delta at closing time against the current closing price is 8.45% .
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 IMAC Holdings

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

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

IMAC Holdings 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 IMAC Holdings' 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 IMAC Holdings' current price.

IMAC Holdings Market Strength Events

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

IMAC Holdings Risk Indicators

The analysis of IMAC Holdings' 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 IMAC Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting imac 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 IMAC Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if IMAC Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Imac Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Imac Holdings Stock:
Check out Historical Fundamental Analysis of IMAC Holdings to cross-verify your projections.
For more information on how to buy IMAC Stock please use our How to buy in IMAC Stock guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Health Care Equipment & Supplies 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 IMAC Holdings. If investors know IMAC 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 IMAC Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.81)
Revenue Per Share
7.719
Quarterly Revenue Growth
(0.59)
Return On Assets
(0.38)
Return On Equity
(3.32)
The market value of IMAC Holdings is measured differently than its book value, which is the value of IMAC that is recorded on the company's balance sheet. Investors also form their own opinion of IMAC Holdings' value that differs from its market value or its book value, called intrinsic value, which is IMAC Holdings' 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 IMAC Holdings' market value can be influenced by many factors that don't directly affect IMAC Holdings' 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 IMAC Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if IMAC Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IMAC Holdings' 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.