Filo Stock Forecast is based on your current time horizon. Although Filo Mining's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Filo Mining's systematic risk associated with finding meaningful patterns of Filo Mining fundamentals over time.
Filo
As of the 20th of December 2024, Inventory Turnover is likely to drop to -0.17. In addition to that, Payables Turnover is likely to drop to 6.14. As of the 20th of December 2024, Common Stock Shares Outstanding is likely to drop to about 87.6 M. In addition to that, Net Loss is likely to grow to about (59 M).
On May 6, 2024 Filo Mining Corp had Daily Balance Of Power of 0.8431. Balance of Power indicator (or BOP) measures the strength of Filo Mining Corp market sensitivity to bulls and bears. It estimates the ability of Filo Mining buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Filo Mining Balance of Power indicator one can determine a trend of the price direction.
On May 07 2024 Filo Mining Corp was traded for 26.00 at the closing time. The maximum traded price for the trading interval was 26.09 and the lowest daily price was 25.51 . The daily volume was recorded at 200.5 K. The volume of trading on 7th of May 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 2.24% . The overall trading delta to the closing price today is 2.20% .
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.
For every potential investor in Filo, whether a beginner or expert, Filo Mining's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Filo Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Filo. Basic forecasting techniques help filter out the noise by identifying Filo Mining's price trends.
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 Filo Mining stock to make a market-neutral strategy. Peer analysis of Filo Mining could also be used in its relative valuation, which is a method of valuing Filo Mining by comparing valuation metrics with similar companies.
Filo Mining Corp 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 Filo 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 Filo Mining's current price.
Market strength indicators help investors to evaluate how Filo 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 Filo Mining shares will generate the highest return on investment. By undertsting and applying Filo Mining stock market strength indicators, traders can identify Filo Mining Corp entry and exit signals to maximize returns.
The analysis of Filo 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 Filo Mining's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting filo 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.
Other Information on Investing in Filo Stock
Filo Mining financial ratios help investors to determine whether Filo Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Filo with respect to the benefits of owning Filo Mining security.