EUDA Health Stock Forecast - Daily Balance Of Power

EUDAW Stock   0.09  0.01  5.26%   
EUDA Stock Forecast is based on your current time horizon.
  
At this time, EUDA Health's Inventory Turnover is fairly stable compared to the past year. Payables Turnover is likely to climb to 2,333 in 2024, whereas Receivables Turnover is likely to drop 14.92 in 2024. . Common Stock Shares Outstanding is likely to drop to about 17.7 M in 2024.
On September 16, 2024 EUDA Health Holdings had Daily Balance Of Power of (1.00). Balance of Power indicator (or BOP) measures the strength of EUDA Health Holdings market sensitivity to bulls and bears. It estimates the ability of EUDA Health buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring EUDA Health Balance of Power indicator one can determine a trend of the price direction.
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EUDA Health Trading Date Momentum

On September 17 2024 EUDA Health Holdings was traded for  0.07  at the closing time. The highest daily price throughout the period was 0.07  and the lowest price was  0.07 . The daily volume was 134. The net trading volume on 09/17/2024 added to the next day price increase. The overall trading delta to closing price of the next trading day was 0.14% . The overall trading delta to current closing price is 14.03% .
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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EUDA Health 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 EUDA Health stock to make a market-neutral strategy. Peer analysis of EUDA Health could also be used in its relative valuation, which is a method of valuing EUDA Health by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

EUDA Health Market Strength Events

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

EUDA Health Risk Indicators

The analysis of EUDA Health'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 EUDA Health's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting euda 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for EUDA Stock Analysis

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