Connexa Sports Stock Forecast - Accumulation Distribution

YYAI Stock   1.31  0.04  2.96%   
Connexa Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Connexa Sports' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, Connexa Sports' Inventory Turnover is decreasing as compared to previous years. The Connexa Sports' current Fixed Asset Turnover is estimated to increase to 633.97, while Payables Turnover is projected to decrease to 1.16. . The current Common Stock Shares Outstanding is estimated to decrease to about 412.1 K. The Connexa Sports' current Net Loss is estimated to increase to about (60.8 M).
On December 23, 2024 Connexa Sports Technologies had Accumulation Distribution of 56446.51. The accumulation distribution (A/D) indicator shows the degree to which Connexa Sports is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Connexa Sports Technologies to determine if accumulation or reduction is taking place in the market. This value is adjusted by Connexa Sports trading volume to give more weight to distributions with higher volume over lower volume.
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Connexa Sports Trading Date Momentum

On December 24 2024 Connexa Sports Technologies was traded for  1.16  at the closing time. The top price for the day was 1.23  and the lowest listed price was  1.02 . The trading volume for the day was 137.2 K. The trading history from December 24, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 5.45% . The overall trading delta against the current closing price is 9.09% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for Connexa Sports

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

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

Connexa Sports Techn 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 Connexa Sports' 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 Connexa Sports' current price.

Connexa Sports Market Strength Events

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

Connexa Sports Risk Indicators

The analysis of Connexa Sports' 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 Connexa Sports' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting connexa 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.

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When determining whether Connexa Sports Techn offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Connexa Sports' 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 Connexa Sports Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Connexa Sports Technologies Stock:
Check out Historical Fundamental Analysis of Connexa Sports to cross-verify your projections.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Apparel, Accessories & Luxury Goods 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 Connexa Sports. If investors know Connexa 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 Connexa Sports listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(43.42)
Revenue Per Share
16.184
Quarterly Revenue Growth
0.289
Return On Assets
(0.57)
The market value of Connexa Sports Techn is measured differently than its book value, which is the value of Connexa that is recorded on the company's balance sheet. Investors also form their own opinion of Connexa Sports' value that differs from its market value or its book value, called intrinsic value, which is Connexa Sports' 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 Connexa Sports' market value can be influenced by many factors that don't directly affect Connexa Sports' 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 Connexa Sports' value and its price as these two are different measures arrived at by different means. Investors typically determine if Connexa Sports is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Connexa Sports' 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.