Indie Semiconductor Stock Forecast - Daily Balance Of Power

INDI Stock  USD 4.10  0.04  0.97%   
Indie Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Indie Semiconductor's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, Indie Semiconductor's Receivables Turnover is decreasing as compared to previous years. The Indie Semiconductor's current Fixed Asset Turnover is estimated to increase to 9.55, while Inventory Turnover is projected to decrease to 3.22. . The current Common Stock Shares Outstanding is estimated to decrease to about 89.8 M. The current Net Loss is estimated to decrease to about (41 M).
On April 2, 2024 indie Semiconductor had Daily Balance Of Power of (0.79). Balance of Power indicator (or BOP) measures the strength of indie Semiconductor market sensitivity to bulls and bears. It estimates the ability of Indie Semiconductor buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Indie Semiconductor Balance of Power indicator one can determine a trend of the price direction.
Check Indie Semiconductor VolatilityBacktest Indie SemiconductorTrend Details  

Indie Semiconductor Trading Date Momentum

On April 03 2024 indie Semiconductor was traded for  6.40  at the closing time. The top price for the day was 6.57  and the lowest listed price was  6.29 . The trading volume for the day was 1.2 M. The trading history from April 3, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 0.16% . The trading date delta against the current closing price is 6.42% .
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 Indie Semiconductor

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

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

indie Semiconductor 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 Indie Semiconductor'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 Indie Semiconductor's current price.

Indie Semiconductor Market Strength Events

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

Indie Semiconductor Risk Indicators

The analysis of Indie Semiconductor'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 Indie Semiconductor's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting indie 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.

Currently Active Assets on Macroaxis

When determining whether indie Semiconductor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Indie Semiconductor's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Indie Semiconductor Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Indie Semiconductor Stock:
Check out Historical Fundamental Analysis of Indie Semiconductor to cross-verify your projections.
For more detail on how to invest in Indie Stock please use our How to Invest in Indie Semiconductor guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Semiconductors & Semiconductor Equipment 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 Indie Semiconductor. If investors know Indie 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 Indie Semiconductor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.66)
Revenue Per Share
1.357
Quarterly Revenue Growth
(0.11)
Return On Assets
(0.11)
Return On Equity
(0.28)
The market value of indie Semiconductor is measured differently than its book value, which is the value of Indie that is recorded on the company's balance sheet. Investors also form their own opinion of Indie Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is Indie Semiconductor's 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 Indie Semiconductor's market value can be influenced by many factors that don't directly affect Indie Semiconductor's 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 Indie Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Indie Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Indie Semiconductor's 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.