ZoomerMedia Stock Forecast - Daily Balance Of Power

ZUM Stock  CAD 0.07  0.00  0.00%   
ZoomerMedia Stock Forecast is based on your current time horizon.
  
Receivables Turnover is likely to climb to 6.53 in 2024, whereas Inventory Turnover is likely to drop (75.64) in 2024. . Common Stock Shares Outstanding is likely to drop to about 405.4 M in 2024. Net Income Applicable To Common Shares is likely to drop to about 2.2 M in 2024.
On February 27, 2024 ZoomerMedia Limited had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of ZoomerMedia Limited market sensitivity to bulls and bears. It estimates the ability of ZoomerMedia buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring ZoomerMedia Balance of Power indicator one can determine a trend of the price direction.
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ZoomerMedia Trading Date Momentum

On February 28 2024 ZoomerMedia Limited was traded for  0.03  at the closing time. The highest daily price throughout the period was 0.03  and the lowest price was  0.03 . The daily volume was 8 K. The net trading volume on 02/28/2024 had no short-term effect on price fluctuation. The trading date delta to current closing price is 20.00% .
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 ZoomerMedia

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

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

ZoomerMedia Limited 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 ZoomerMedia'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 ZoomerMedia's current price.

ZoomerMedia Market Strength Events

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

ZoomerMedia Risk Indicators

The analysis of ZoomerMedia'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 ZoomerMedia's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting zoomermedia 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 ZoomerMedia Stock Analysis

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