NioCorp Developments Stock Forecast - Daily Balance Of Power
| NB Stock | 1.31 0.01 0.77% |
NioCorp Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast NioCorp Developments stock prices and determine the direction of NioCorp Developments Ltd's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of NioCorp Developments' historical fundamentals, such as revenue growth or operating cash flow patterns.
NioCorp |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.50) | 0.25 |
| Check NioCorp Developments Volatility | Backtest NioCorp Developments | Information Ratio |
NioCorp Developments Trading Date Momentum
| On November 29 2024 NioCorp Developments Ltd was traded for 1.31 at the closing time. The highest price during the trading period was 1.34 and the lowest recorded bid was listed for 1.30 . There was no trading activity during the period 0.0. Lack of trading volume on November 29, 2024 did not cause price change. The trading delta at closing time to the current price is 1.53% . |
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 NioCorp Developments
For every potential investor in NioCorp, whether a beginner or expert, NioCorp Developments' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. NioCorp Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in NioCorp. Basic forecasting techniques help filter out the noise by identifying NioCorp Developments' price trends.NioCorp Developments 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 NioCorp Developments stock to make a market-neutral strategy. Peer analysis of NioCorp Developments could also be used in its relative valuation, which is a method of valuing NioCorp Developments by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
NioCorp Developments 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 NioCorp Developments' 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 NioCorp Developments' current price.| Cycle Indicators | ||
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| Volume Indicators |
NioCorp Developments Market Strength Events
Market strength indicators help investors to evaluate how NioCorp Developments stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NioCorp Developments shares will generate the highest return on investment. By undertsting and applying NioCorp Developments stock market strength indicators, traders can identify NioCorp Developments Ltd entry and exit signals to maximize returns.
NioCorp Developments Risk Indicators
The analysis of NioCorp Developments' 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 NioCorp Developments' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting niocorp 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.
| Mean Deviation | 3.33 | |||
| Standard Deviation | 4.69 | |||
| Variance | 22.03 |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Historical Fundamental Analysis of NioCorp Developments to cross-verify your projections. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Diversified Metals & Mining 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 NioCorp Developments. If investors know NioCorp 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 NioCorp Developments listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.27) | Return On Assets (0.42) | Return On Equity (7.72) |
The market value of NioCorp Developments is measured differently than its book value, which is the value of NioCorp that is recorded on the company's balance sheet. Investors also form their own opinion of NioCorp Developments' value that differs from its market value or its book value, called intrinsic value, which is NioCorp Developments' 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 NioCorp Developments' market value can be influenced by many factors that don't directly affect NioCorp Developments' 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 NioCorp Developments' value and its price as these two are different measures arrived at by different means. Investors typically determine if NioCorp Developments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NioCorp Developments' 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.