Duketon Mining Stock Forecast - Daily Balance Of Power

DKM Stock   0.10  0.01  9.09%   
Duketon Stock Forecast is based on your current time horizon.
  
At this time, Duketon Mining's Net Invested Capital is comparatively stable compared to the past year. Net Working Capital is likely to gain to about 15.2 M in 2024, whereas Net Debt is likely to drop (11.2 M) in 2024.
On October 8, 2024 Duketon Mining had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of Duketon Mining market sensitivity to bulls and bears. It estimates the ability of Duketon Mining buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Duketon Mining Balance of Power indicator one can determine a trend of the price direction.
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Duketon Mining Trading Date Momentum

On October 09 2024 Duketon Mining was traded for  0.12  at the closing time. The maximum traded price for the trading interval was 0.12  and the lowest daily price was  0.12 . The daily volume was recorded at 28 K. The volume of trading on 9th of October 2024 did not affect price variability. The overall trading delta to the closing price today is 0.00% .
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 Duketon Mining

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

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

Duketon Mining 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 Duketon Mining'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 Duketon Mining's current price.

Duketon Mining Market Strength Events

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

Duketon Mining Risk Indicators

The analysis of Duketon Mining'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 Duketon Mining's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting duketon 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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Additional Tools for Duketon Stock Analysis

When running Duketon Mining's price analysis, check to measure Duketon Mining'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 Duketon Mining is operating at the current time. Most of Duketon Mining's value examination focuses on studying past and present price action to predict the probability of Duketon Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Duketon Mining's price. Additionally, you may evaluate how the addition of Duketon Mining to your portfolios can decrease your overall portfolio volatility.