Nova Leap Stock Forecast - Daily Balance Of Power

NLH Stock  CAD 0.25  0.02  7.41%   
Nova Stock Forecast is based on your current time horizon.
  
At this time, Nova Leap's Payables Turnover is fairly stable compared to the past year. Receivables Turnover is likely to climb to 16.64 in 2024, whereas Inventory Turnover is likely to drop 9.25 in 2024. . Common Stock Shares Outstanding is likely to drop to about 57 M in 2024. Net Loss is likely to climb to about (913.1 K) in 2024.
On November 11, 2024 Nova Leap Health had Daily Balance Of Power of (1.00). Balance of Power indicator (or BOP) measures the strength of Nova Leap Health market sensitivity to bulls and bears. It estimates the ability of Nova Leap buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Nova Leap Balance of Power indicator one can determine a trend of the price direction.
Check Nova Leap VolatilityBacktest Nova LeapTrend Details  

Nova Leap Trading Date Momentum

On November 12 2024 Nova Leap Health was traded for  0.28  at the closing time. The highest daily price throughout the period was 0.30  and the lowest price was  0.27 . The daily volume was 8.6 K. The net trading volume on 11/12/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 9.68% . The trading delta at closing time to current closing price is 12.90% .
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 Nova Leap to competition

Other Forecasting Options for Nova Leap

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

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

Nova Leap Health 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 Nova Leap'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 Nova Leap's current price.

Nova Leap Market Strength Events

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

Nova Leap Risk Indicators

The analysis of Nova Leap'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 Nova Leap's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nova 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

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Nova Stock Analysis

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