NVE Stock Forecast - Daily Balance Of Power

NVEC Stock  USD 84.39  1.59  1.92%   
NVE Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast NVE stock prices and determine the direction of NVE Corporation's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of NVE's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The current year's Payables Turnover is expected to grow to 55.93, whereas Inventory Turnover is forecasted to decline to 0.90. . The current year's Net Income Applicable To Common Shares is expected to grow to about 27.4 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 4.3 M.
On December 2, 2024 NVE Corporation had Daily Balance Of Power of 0.6325. Balance of Power indicator (or BOP) measures the strength of NVE Corporation market sensitivity to bulls and bears. It estimates the ability of NVE buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring NVE Balance of Power indicator one can determine a trend of the price direction.
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NVE Trading Date Momentum

On December 03 2024 NVE Corporation was traded for  78.42  at the closing time. The top price for the day was 79.74  and the lowest listed price was  77.66 . The trading volume for the day was 12.2 K. The trading history from December 3, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.17% . The trading delta at closing time against the current closing price is 4.42% .
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 NVE

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

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

NVE Corporation 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 NVE'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 NVE's current price.

NVE Market Strength Events

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

NVE Risk Indicators

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

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.
When determining whether NVE Corporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NVE'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 Nve Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nve Corporation Stock:
Check out Historical Fundamental Analysis of NVE to cross-verify your projections.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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 NVE. If investors know NVE 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 NVE 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
(0.15)
Dividend Share
4
Earnings Share
3.33
Revenue Per Share
5.665
Quarterly Revenue Growth
(0.05)
The market value of NVE Corporation is measured differently than its book value, which is the value of NVE that is recorded on the company's balance sheet. Investors also form their own opinion of NVE's value that differs from its market value or its book value, called intrinsic value, which is NVE'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 NVE's market value can be influenced by many factors that don't directly affect NVE'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 NVE's value and its price as these two are different measures arrived at by different means. Investors typically determine if NVE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NVE'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.