Auxly Cannabis Stock Forecast - Daily Balance Of Power

XLY Stock  CAD 0.04  0.01  16.67%   
Auxly Stock Forecast is based on your current time horizon. Although Auxly Cannabis' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Auxly Cannabis' systematic risk associated with finding meaningful patterns of Auxly Cannabis fundamentals over time.
  
At this time, Auxly Cannabis' Inventory Turnover is very stable compared to the past year. As of the 15th of December 2024, Payables Turnover is likely to grow to 2.23, while Receivables Turnover is likely to drop 5.74. . As of the 15th of December 2024, Common Stock Shares Outstanding is likely to grow to about 1 B, though Net Loss is likely to grow to (111.4 M).
On September 24, 2024 Auxly Cannabis Group had Daily Balance Of Power of 1.0. Balance of Power indicator (or BOP) measures the strength of Auxly Cannabis Group market sensitivity to bulls and bears. It estimates the ability of Auxly Cannabis buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Auxly Cannabis Balance of Power indicator one can determine a trend of the price direction.
Check Auxly Cannabis VolatilityBacktest Auxly CannabisTrend Details  

Auxly Cannabis Trading Date Momentum

On September 25 2024 Auxly Cannabis Group was traded for  0.04  at the closing time. The maximum traded price for the trading interval was 0.04  and the lowest daily price was  0.04 . The daily volume was recorded at 91.2 K. The volume of trading on 25th of September 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 12.50% . The overall trading delta to the closing price today is 12.50% .
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 Auxly Cannabis to competition

Other Forecasting Options for Auxly Cannabis

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

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

Auxly Cannabis Group 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 Auxly Cannabis' 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 Auxly Cannabis' current price.

Auxly Cannabis Market Strength Events

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

Auxly Cannabis Risk Indicators

The analysis of Auxly Cannabis' 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 Auxly Cannabis' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting auxly 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.

Other Information on Investing in Auxly Stock

Auxly Cannabis financial ratios help investors to determine whether Auxly Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Auxly with respect to the benefits of owning Auxly Cannabis security.