MicroAlgo Stock Forecast - Daily Balance Of Power
| MLGO Stock | 1.81 0.16 8.12% |
MicroAlgo Stock Forecast is based on your current time horizon. Although MicroAlgo's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of MicroAlgo's systematic risk associated with finding meaningful patterns of MicroAlgo fundamentals over time.
MicroAlgo |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.26) | (0.62) |
| Check MicroAlgo Volatility | Backtest MicroAlgo | Trend Details |
MicroAlgo Trading Date Momentum
| On January 11 2024 MicroAlgo was traded for 154.60 at the closing time. The top price for the day was 156.00 and the lowest listed price was 143.20 . The trading volume for the day was 5.4 K. The trading history from January 11, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 5.17% . The trading delta at closing time against the current closing price is 5.31% . |
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 MicroAlgo to competition |
Other Forecasting Options for MicroAlgo
For every potential investor in MicroAlgo, whether a beginner or expert, MicroAlgo's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. MicroAlgo Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in MicroAlgo. Basic forecasting techniques help filter out the noise by identifying MicroAlgo's price trends.MicroAlgo 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 MicroAlgo stock to make a market-neutral strategy. Peer analysis of MicroAlgo could also be used in its relative valuation, which is a method of valuing MicroAlgo by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
MicroAlgo 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 MicroAlgo'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 MicroAlgo's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
MicroAlgo Market Strength Events
Market strength indicators help investors to evaluate how MicroAlgo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MicroAlgo shares will generate the highest return on investment. By undertsting and applying MicroAlgo stock market strength indicators, traders can identify MicroAlgo entry and exit signals to maximize returns.
| Accumulation Distribution | 117157.0 | |||
| Daily Balance Of Power | (0.94) | |||
| Rate Of Daily Change | 0.92 | |||
| Day Median Price | 1.86 | |||
| Day Typical Price | 1.84 | |||
| Price Action Indicator | (0.12) | |||
| Period Momentum Indicator | (0.16) | |||
| Relative Strength Index | 36.94 |
MicroAlgo Risk Indicators
The analysis of MicroAlgo'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 MicroAlgo's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting microalgo 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.
| Mean Deviation | 7.33 | |||
| Standard Deviation | 11.11 | |||
| Variance | 123.33 |
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.
When determining whether MicroAlgo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MicroAlgo'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 Microalgo Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Microalgo Stock: Check out Historical Fundamental Analysis of MicroAlgo to cross-verify your projections. To learn how to invest in MicroAlgo Stock, please use our How to Invest in MicroAlgo guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Application Software 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 MicroAlgo. If investors know MicroAlgo 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 MicroAlgo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.90) | Earnings Share (140.60) | Revenue Per Share 79.717 | Quarterly Revenue Growth 0.081 | Return On Assets (0.11) |
The market value of MicroAlgo is measured differently than its book value, which is the value of MicroAlgo that is recorded on the company's balance sheet. Investors also form their own opinion of MicroAlgo's value that differs from its market value or its book value, called intrinsic value, which is MicroAlgo'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 MicroAlgo's market value can be influenced by many factors that don't directly affect MicroAlgo'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 MicroAlgo's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroAlgo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroAlgo'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.