NewCardio Stock Forecast - Daily Balance Of Power

NewCardio Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of NewCardio's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The NewCardio's current Receivables Turnover is estimated to increase to 8.28, while Payables Turnover is projected to decrease to 0.54. . The current Net Loss is estimated to decrease to about (10.9 M).
On October 3, 2024 NewCardio had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of NewCardio market sensitivity to bulls and bears. It estimates the ability of NewCardio buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring NewCardio Balance of Power indicator one can determine a trend of the price direction.
Check NewCardio VolatilityBacktest NewCardioTrend Details  

NewCardio Trading Date Momentum

On October 04 2024 NewCardio was traded for  0.00  at the closing time. The top price for the day was 0.00  and the lowest listed price was  0.00 . There was no trading activity during the period 1.0. Lack of trading volume on October 4, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.00% .
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 NewCardio

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

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

NewCardio 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 NewCardio'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 NewCardio's current price.

Currently Active Assets on Macroaxis

When determining whether NewCardio offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NewCardio'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 Newcardio Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Newcardio Stock:
Check out Historical Fundamental Analysis of NewCardio to cross-verify your projections.
For more detail on how to invest in NewCardio Stock please use our How to Invest in NewCardio guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Health Care Technology 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 NewCardio. If investors know NewCardio 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 NewCardio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share
0.008
Quarterly Revenue Growth
(0.90)
Return On Assets
(2.24)
The market value of NewCardio is measured differently than its book value, which is the value of NewCardio that is recorded on the company's balance sheet. Investors also form their own opinion of NewCardio's value that differs from its market value or its book value, called intrinsic value, which is NewCardio'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 NewCardio's market value can be influenced by many factors that don't directly affect NewCardio'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 NewCardio's value and its price as these two are different measures arrived at by different means. Investors typically determine if NewCardio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NewCardio'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.