Zoomd Technologies Stock Forecast - Daily Balance Of Power

ZOMD Stock  CAD 0.87  0.07  8.75%   
Zoomd Stock Forecast is based on your current time horizon.
  
Inventory Turnover is likely to drop to 56.18 in 2024. Payables Turnover is likely to drop to 6.67 in 2024. Common Stock Shares Outstanding is likely to drop to about 75.5 M in 2024. Net Loss is likely to drop to about (3.4 M) in 2024.
On August 26, 2024 Zoomd Technologies had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of Zoomd Technologies market sensitivity to bulls and bears. It estimates the ability of Zoomd Technologies buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Zoomd Technologies Balance of Power indicator one can determine a trend of the price direction.
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Zoomd Technologies Trading Date Momentum

On August 27 2024 Zoomd Technologies was traded for  0.16  at the closing time. The maximum traded price for the trading interval was 0.17  and the lowest daily price was  0.15 . The daily volume was recorded at 37.2 K. The volume of trading on 27th of August 2024 played a part in the next trading day price increase. The trading date delta to the next closing price was 6.67% . The trading date delta to the closing price today is 166.67% .
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 Zoomd Technologies

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

Zoomd Technologies 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 Zoomd Technologies stock to make a market-neutral strategy. Peer analysis of Zoomd Technologies could also be used in its relative valuation, which is a method of valuing Zoomd Technologies by comparing valuation metrics with similar companies.
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Zoomd Technologies 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 Zoomd Technologies' 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 Zoomd Technologies' current price.

Zoomd Technologies Market Strength Events

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

Zoomd Technologies Risk Indicators

The analysis of Zoomd Technologies' 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 Zoomd Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting zoomd 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 Zoomd Stock Analysis

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