PennantPark Investment Stock Forecast - Daily Balance Of Power

PNNT Stock  USD 7.00  0.03  0.43%   
PennantPark Stock Forecast is based on your current time horizon.
  
At this time, PennantPark Investment's Inventory Turnover is comparatively stable compared to the past year. Payables Turnover is likely to gain to 4.79 in 2024, whereas Asset Turnover is likely to drop 0.05 in 2024. . Common Stock Shares Outstanding is likely to drop to about 61.5 M in 2024. Net Loss is likely to gain to about (28.9 M) in 2024.
On July 16, 2024 PennantPark Investment had Daily Balance Of Power of (0.27). Balance of Power indicator (or BOP) measures the strength of PennantPark Investment market sensitivity to bulls and bears. It estimates the ability of PennantPark Investment buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring PennantPark Investment Balance of Power indicator one can determine a trend of the price direction.
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PennantPark Investment Trading Date Momentum

On July 17 2024 PennantPark Investment was traded for  6.93  at the closing time. The top price for the day was 6.93  and the lowest listed price was  6.81 . The trading volume for the day was 774.5 K. The trading history from July 17, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 0.43% . The trading delta at closing time against the current closing price is 1.88% .
JavaScript chart by amCharts 3.21.1507/16/2024Jul 11Jul 13Jul 15Jul 17Jul 19Jul 216.86.97.07.17.27.3
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 PennantPark Investment

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

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

PennantPark Investment 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 PennantPark Investment'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 PennantPark Investment's current price.

PennantPark Investment Market Strength Events

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

PennantPark Investment Risk Indicators

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

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Additional Tools for PennantPark Stock Analysis

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

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