Eco Wave Stock Forecast - Daily Balance Of Power

WAVE Stock  USD 14.00  0.43  3.17%   
Eco Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Eco Wave stock prices and determine the direction of Eco Wave Power's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Eco Wave's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Eco Wave's Fixed Asset Turnover is projected to increase slightly based on the last few years of reporting. The current year's Asset Turnover is expected to grow to 0.03, whereas Inventory Turnover is forecasted to decline to 0.40. . As of December 26, 2024, Common Stock Shares Outstanding is expected to decline to about 4.7 M. In addition to that, Net Loss is expected to decline to about (3.5 M).
On December 4, 2024 Eco Wave Power had Daily Balance Of Power of (0.03). Balance of Power indicator (or BOP) measures the strength of Eco Wave Power market sensitivity to bulls and bears. It estimates the ability of Eco Wave buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Eco Wave Balance of Power indicator one can determine a trend of the price direction.
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Eco Wave Trading Date Momentum

On December 05 2024 Eco Wave Power was traded for  10.58  at the closing time. The top price for the day was 11.20  and the lowest listed price was  10.03 . The trading volume for the day was 67.5 K. The trading history from December 5, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 3.56% . The overall trading delta against the current closing price is 2.10% .
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 Eco Wave

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

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

Eco Wave Power 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 Eco Wave'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 Eco Wave's current price.

Eco Wave Market Strength Events

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

Eco Wave Risk Indicators

The analysis of Eco Wave'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 Eco Wave's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting eco 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 Eco Wave Power is a strong investment it is important to analyze Eco Wave's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Eco Wave's future performance. For an informed investment choice regarding Eco Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Eco Wave to cross-verify your projections.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Application Software 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 Eco Wave. If investors know Eco 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 Eco Wave listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.41)
Revenue Per Share
0.055
Quarterly Revenue Growth
(0.08)
Return On Assets
(0.15)
Return On Equity
(0.27)
The market value of Eco Wave Power is measured differently than its book value, which is the value of Eco that is recorded on the company's balance sheet. Investors also form their own opinion of Eco Wave's value that differs from its market value or its book value, called intrinsic value, which is Eco Wave'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 Eco Wave's market value can be influenced by many factors that don't directly affect Eco Wave'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 Eco Wave's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eco Wave is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eco Wave'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.