Nanthealth Stock Forecast - Daily Balance Of Power

NH
 Stock
  

USD 0.61  0.04  7.02%   

Nanthealth Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Nanthealth historical stock prices and determine the direction of Nanthealth's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Nanthealth historical fundamentals such as revenue growth or operating cash flow patterns. Although Nanthealth naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Nanthealth systematic risk associated with finding meaningful patterns of Nanthealth fundamentals over time.
Additionally, see Historical Fundamental Analysis of Nanthealth to cross-verify your projections.
  
Nanthealth Inventory Turnover is most likely to increase significantly in the upcoming years. The last year's value of Inventory Turnover was reported at 53.04. The current Accounts Payable Turnover is estimated to increase to 36.09, while Accrued Expenses Turnover is projected to decrease to 10.34. . The current Weighted Average Shares is estimated to increase to about 131.2 M. The current Weighted Average Shares Diluted is estimated to increase to about 131.2 M.

Open Interest Agains t 2022-08-19 Nanthealth Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Nanthealth's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest Nanthealth's options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies Nanthealth stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current Nanthealth's open interest, investors have to compare it to Nanthealth's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Nanthealth is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Nanthealth. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Nanthealth has current Daily Balance Of Power of 0.6667.
Most investors in Nanthealth cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Nanthealth's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Nanthealth's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Nanthealth market sensitivity to bulls and bears. It estimates the ability of Nanthealth buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Nanthealth Balance of Power indicator one can determine a trend of the price direction.
  Previous Daily Balance Of PowerDaily Balance Of PowerTrend
0.83330.6667
Check Nanthealth VolatilityBacktest NanthealthInformation Ratio  

Nanthealth Trading Date Momentum

On August 13 2022 Nanthealth was traded for  0.61  at the closing time. The highest price during the trading period was 0.62  and the lowest recorded bid was listed for  0.56 . The volume for the day was 50.6 K. This history from August 13, 2022 did not cause price change. The trading delta at closing time to the current price is 8.20% .
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 Nanthealth

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

Nanthealth 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 Nanthealth stock to make a market-neutral strategy. Peer analysis of Nanthealth could also be used in its relative valuation, which is a method of valuing Nanthealth by comparing valuation metrics with similar companies.
Irobot CorpAmn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpKEURIG DR PEPPERGX Nasdaq-100 CoveredFranklin Mutual EuropeanGARDNER DENVER INCUSA Value FactorBetapro Canadian GoldAramark Holdings CorpLong-Term Govt BondLIFE STORAGE INCMaiden Holdings NorthVistra Energy Corp
 Risk & Return  Correlation

Nanthealth 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 Nanthealth'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 Nanthealth's current price.

Nanthealth Market Strength Events

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

Nanthealth Risk Indicators

The analysis of Nanthealth's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Nanthealth's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Nanthealth stock price, 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 stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Nanthealth Investors Sentiment

The influence of Nanthealth's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Nanthealth. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Nanthealth's public news can be used to forecast risks associated with investment in Nanthealth. The trend in average sentiment can be used to explain how an investor holding Nanthealth can time the market purely based on public headlines and social activities around Nanthealth. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Nanthealth's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Nanthealth's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Nanthealth's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Nanthealth.

Nanthealth Implied Volatility

    
  0.0  
Nanthealth's implied volatility exposes the market's sentiment of Nanthealth stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Nanthealth's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Nanthealth stock will not fluctuate a lot when Nanthealth's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nanthealth in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nanthealth's short interest history, or implied volatility extrapolated from Nanthealth options trading.

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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Nanthealth using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Additionally, see Historical Fundamental Analysis of Nanthealth to cross-verify your projections. Note that the Nanthealth information on this page should be used as a complementary analysis to other Nanthealth's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Stock Screener module to find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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When running Nanthealth price analysis, check to measure Nanthealth'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 Nanthealth is operating at the current time. Most of Nanthealth's value examination focuses on studying past and present price action to predict the probability of Nanthealth's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Nanthealth's price. Additionally, you may evaluate how the addition of Nanthealth to your portfolios can decrease your overall portfolio volatility.
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Is Nanthealth's industry 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 Nanthealth. If investors know Nanthealth 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 Nanthealth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
70.9 M
Quarterly Revenue Growth YOY
0.025
Return On Assets
-0.15
The market value of Nanthealth is measured differently than its book value, which is the value of Nanthealth that is recorded on the company's balance sheet. Investors also form their own opinion of Nanthealth's value that differs from its market value or its book value, called intrinsic value, which is Nanthealth'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 Nanthealth's market value can be influenced by many factors that don't directly affect Nanthealth'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 Nanthealth's value and its price as these two are different measures arrived at by different means. Investors typically determine Nanthealth value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nanthealth'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.