Needham Growth Mutual Fund Forecast - Daily Balance Of Power

NEEGX Fund  USD 62.24  0.83  1.32%   
Needham Mutual Fund Forecast is based on your current time horizon.
  
On June 11, 2024 Needham Growth Fund had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of Needham Growth Fund market sensitivity to bulls and bears. It estimates the ability of Needham Growth buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Needham Growth Balance of Power indicator one can determine a trend of the price direction.
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Needham Growth Trading Date Momentum

On June 12 2024 Needham Growth Fund was traded for  71.43  at the closing time. The highest daily price throughout the period was 71.43  and the lowest price was  71.43 . There was no trading activity during the period 1.0. Lack of trading volume on 06/12/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 1.90% . The trading delta at closing time to current closing price is 2.80% .
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 Needham Growth

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

Needham Growth 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 Needham Growth mutual fund to make a market-neutral strategy. Peer analysis of Needham Growth could also be used in its relative valuation, which is a method of valuing Needham Growth by comparing valuation metrics with similar companies.
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Needham Growth Technical and Predictive Analytics

The mutual fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Needham Growth'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 Needham Growth's current price.

Needham Growth Market Strength Events

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

Needham Growth Risk Indicators

The analysis of Needham Growth'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 Needham Growth's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting needham mutual fund 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Needham Mutual Fund

Needham Growth financial ratios help investors to determine whether Needham Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Needham with respect to the benefits of owning Needham Growth security.
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