Fomo Worldwide Pink Sheet Forecast - Daily Balance Of Power
Investors can use prediction functions to forecast Fomo Worldwide's stock prices and determine the direction of Fomo Worldwide's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. We recommend always using this module together with an analysis of Fomo Worldwide's historical fundamentals, such as revenue growth or operating cash flow patterns. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
On May 6, 2024 Fomo Worldwide had Daily Balance Of Power of (0.82). Balance of Power indicator (or BOP) measures the strength of Fomo Worldwide market sensitivity to bulls and bears. It estimates the ability of Fomo Worldwide buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Fomo Worldwide Balance of Power indicator one can determine a trend of the price direction.Fomo |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.75 | (0.82) |
| Check Fomo Worldwide Volatility | Backtest Fomo Worldwide | Trend Details |
Fomo Worldwide Trading Date Momentum
| On May 07 2024 Fomo Worldwide was traded for 0 at the closing time. The top price for the day was 0 and the lowest listed price was 0 . The trading volume for the day was 274.6 K. The trading history from May 7, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 2.63% . The overall trading delta against the current closing price is 21.05% . |
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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Fomo Worldwide 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 Fomo Worldwide pink sheet to make a market-neutral strategy. Peer analysis of Fomo Worldwide could also be used in its relative valuation, which is a method of valuing Fomo Worldwide by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Fomo Worldwide Risk Indicators
The analysis of Fomo Worldwide'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 Fomo Worldwide's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fomo pink sheet 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.
| Mean Deviation | 14.99 | |||
| Semi Deviation | 17.85 | |||
| Standard Deviation | 39.45 | |||
| Variance | 1556.52 | |||
| Downside Variance | 1960.58 | |||
| Semi Variance | 318.77 | |||
| Expected Short fall | (51.48) |
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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Additional Tools for Fomo Pink Sheet Analysis
When running Fomo Worldwide's price analysis, check to measure Fomo Worldwide'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 Fomo Worldwide is operating at the current time. Most of Fomo Worldwide's value examination focuses on studying past and present price action to predict the probability of Fomo Worldwide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fomo Worldwide's price. Additionally, you may evaluate how the addition of Fomo Worldwide to your portfolios can decrease your overall portfolio volatility.