Gates Industrial Stock Forecast - Daily Balance Of Power

GTES Stock  USD 20.67  0.35  1.67%   
Gates Stock Forecast is based on your current time horizon.
  
At this time, Gates Industrial's Inventory Turnover is comparatively stable compared to the past year. Payables Turnover is likely to gain to 5.79 in 2024, whereas Receivables Turnover is likely to drop 4.90 in 2024. . Common Stock Shares Outstanding is likely to drop to about 232.2 M in 2024. Net Income Applicable To Common Shares is likely to drop to about 198.6 M in 2024.
On December 19, 2024 Gates Industrial had Daily Balance Of Power of (0.81). Balance of Power indicator (or BOP) measures the strength of Gates Industrial market sensitivity to bulls and bears. It estimates the ability of Gates Industrial buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Gates Industrial Balance of Power indicator one can determine a trend of the price direction.
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Gates Industrial Trading Date Momentum

On December 20 2024 Gates Industrial was traded for  20.38  at the closing time. The top price for the day was 20.78  and the lowest listed price was  20.10 . The trading volume for the day was 5 M. The trading history from December 20, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 0.74% . The overall trading delta against the current closing price is 1.88% .
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 Gates Industrial

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

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

Gates Industrial Market Strength Events

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

Gates Industrial Risk Indicators

The analysis of Gates Industrial'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 Gates Industrial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting gates 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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Additional Tools for Gates Stock Analysis

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