Goliath Resources Stock Forecast - Daily Balance Of Power

GOT Stock  CAD 1.10  0.05  4.76%   
Goliath Stock Forecast is based on your current time horizon.
  
Payables Turnover is likely to drop to 0.18 in 2024. Receivables Turnover is likely to drop to 0.0004 in 2024. Common Stock Shares Outstanding is likely to climb to about 124.3 M in 2024, despite the fact that Net Loss is likely to grow to (17.9 M).
On September 25, 2024 Goliath Resources had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of Goliath Resources market sensitivity to bulls and bears. It estimates the ability of Goliath Resources buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Goliath Resources Balance of Power indicator one can determine a trend of the price direction.
Check Goliath Resources VolatilityBacktest Goliath ResourcesTrend Details  

Goliath Resources Trading Date Momentum

On September 26 2024 Goliath Resources was traded for  1.28  at the closing time. The highest daily price throughout the period was 1.30  and the lowest price was  1.27 . The daily volume was 51.1 K. The net trading volume on 09/26/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.78% . The overall trading delta to current closing price is 4.65% .
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.
Compare Goliath Resources to competition

Other Forecasting Options for Goliath Resources

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

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

Goliath Resources 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 Goliath Resources' 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 Goliath Resources' current price.

Goliath Resources Market Strength Events

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

Goliath Resources Risk Indicators

The analysis of Goliath Resources' 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 Goliath Resources' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting goliath 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

Explore Investment Opportunities

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.
Explore Investing Ideas  

Additional Tools for Goliath Stock Analysis

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