GameSquare Holdings Stock Forecast - Daily Balance Of Power

GAME Stock  USD 1.02  0.09  9.68%   
GameSquare Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast GameSquare Holdings stock prices and determine the direction of GameSquare Holdings's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of GameSquare Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The current year's Fixed Asset Turnover is expected to grow to 20.93, whereas Inventory Turnover is forecasted to decline to 411.38. . The current year's Common Stock Shares Outstanding is expected to grow to about 11.7 M, whereas Net Loss is projected to grow to (3.1 M).
On August 29, 2024 GameSquare Holdings had Daily Balance Of Power of 0.5. Balance of Power indicator (or BOP) measures the strength of GameSquare Holdings market sensitivity to bulls and bears. It estimates the ability of GameSquare Holdings buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring GameSquare Holdings Balance of Power indicator one can determine a trend of the price direction.
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GameSquare Holdings Trading Date Momentum

On August 30 2024 GameSquare Holdings was traded for  1.04  at the closing time. The top price for the day was 1.06  and the lowest listed price was  1.01 . The trading volume for the day was 108.5 K. The trading history from August 30, 2024 did not cause price change. The overall trading delta against the current closing price is 0.96% .
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 GameSquare Holdings

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

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

GameSquare 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 GameSquare 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 GameSquare Holdings' current price.

GameSquare Holdings Market Strength Events

Market strength indicators help investors to evaluate how GameSquare 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 GameSquare Holdings shares will generate the highest return on investment. By undertsting and applying GameSquare Holdings stock market strength indicators, traders can identify GameSquare Holdings entry and exit signals to maximize returns.

GameSquare Holdings Risk Indicators

The analysis of GameSquare 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 GameSquare Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting gamesquare 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.
When determining whether GameSquare Holdings is a strong investment it is important to analyze GameSquare Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GameSquare Holdings' future performance. For an informed investment choice regarding GameSquare Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of GameSquare Holdings to cross-verify your projections.
For information on how to trade GameSquare Stock refer to our How to Trade GameSquare Stock guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Movies & Entertainment 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 GameSquare Holdings. If investors know GameSquare 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 GameSquare 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
(2.68)
Revenue Per Share
4.566
Quarterly Revenue Growth
1.516
Return On Assets
(0.18)
Return On Equity
(1.10)
The market value of GameSquare Holdings is measured differently than its book value, which is the value of GameSquare that is recorded on the company's balance sheet. Investors also form their own opinion of GameSquare Holdings' value that differs from its market value or its book value, called intrinsic value, which is GameSquare 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 GameSquare Holdings' market value can be influenced by many factors that don't directly affect GameSquare 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 GameSquare Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if GameSquare Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GameSquare 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.