Lion Electric Stock Forecast - Daily Balance Of Power

LEV Stock  USD 0.07  0.18  71.96%   
Lion Stock Forecast is based on your current time horizon.
  
At this time, Lion Electric's Inventory Turnover is fairly stable compared to the past year. Asset Turnover is likely to climb to 0.31 in 2024, whereas Payables Turnover is likely to drop 3.98 in 2024. . Net Income Applicable To Common Shares is likely to climb to about 21.5 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 162.3 M in 2024.
On August 23, 2024 Lion Electric Corp had Daily Balance Of Power of 0.3333. Balance of Power indicator (or BOP) measures the strength of Lion Electric Corp market sensitivity to bulls and bears. It estimates the ability of Lion Electric buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Lion Electric Balance of Power indicator one can determine a trend of the price direction.
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Lion Electric Trading Date Momentum

On August 26 2024 Lion Electric Corp was traded for  0.71  at the closing time. Highest Lion Electric's price during the trading hours was 0.71  and the lowest price during the day was  0.69 . The net volume was 165.8 K. The overall trading history on the 26th of August contributed to the next trading period price increase. The trading delta at closing time to the next next day price was 4.41% . The trading delta at closing time to current price is 2.94% .
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 Lion Electric

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

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

Lion Electric Market Strength Events

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

Lion Electric Risk Indicators

The analysis of Lion Electric'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 Lion Electric's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lion 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 Lion Stock Analysis

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