GDEV Stock Forecast - Daily Balance Of Power

GDEV Stock  USD 21.00  0.01  0.05%   
GDEV Stock Forecast is based on your current time horizon.
  
Inventory Turnover is likely to drop to 30.78 in 2024. Payables Turnover is likely to drop to 5.83 in 2024. Net Income Applicable To Common Shares is likely to climb to about 8.8 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 19 M in 2024.
On April 26, 2023 GDEV Inc had Daily Balance Of Power of 0.3. Balance of Power indicator (or BOP) measures the strength of GDEV Inc market sensitivity to bulls and bears. It estimates the ability of GDEV buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring GDEV Balance of Power indicator one can determine a trend of the price direction.
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GDEV Trading Date Momentum

On April 27 2023 GDEV Inc was traded for  75.40  at the closing time. The top price for the day was 79.00  and the lowest listed price was  64.10 . The trading volume for the day was 6.1 K. The trading history from April 27, 2023 was a factor to the next trading day price increase. The overall trading delta against the next closing price was 7.71% . The overall trading delta against the current closing price is 15.71% .
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 GDEV

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

GDEV 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 GDEV stock to make a market-neutral strategy. Peer analysis of GDEV could also be used in its relative valuation, which is a method of valuing GDEV by comparing valuation metrics with similar companies.
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GDEV Inc 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 GDEV'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 GDEV's current price.

GDEV Market Strength Events

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

GDEV Risk Indicators

The analysis of GDEV'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 GDEV's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting gdev 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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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for GDEV Stock Analysis

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