Edible Garden Stock Forecast - Daily Balance Of Power

EDBL Stock  USD 0.35  0.04  12.90%   
Edible Stock Forecast is based on your current time horizon.
  
On December 17, 2024 Edible Garden AG had Daily Balance Of Power of 1.0. Balance of Power indicator (or BOP) measures the strength of Edible Garden AG market sensitivity to bulls and bears. It estimates the ability of Edible Garden buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Edible Garden Balance of Power indicator one can determine a trend of the price direction.
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Edible Garden Trading Date Momentum

On December 18 2024 Edible Garden AG was traded for  0.14  at the closing time. The top price for the day was 0.16  and the lowest listed price was  0.14 . The trading volume for the day was 1.2 M. The trading history from December 18, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 6.67% . The overall trading delta against the current closing price is 193.33% .
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 Edible Garden

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

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

Edible Garden AG 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 Edible Garden'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 Edible Garden's current price.

Edible Garden Market Strength Events

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

Edible Garden Risk Indicators

The analysis of Edible Garden'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 Edible Garden's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting edible 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 Edible Garden AG is a strong investment it is important to analyze Edible Garden's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Edible Garden's future performance. For an informed investment choice regarding Edible Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Edible Garden to cross-verify your projections.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Agriculture 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 Edible Garden. If investors know Edible 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 Edible Garden listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Edible Garden AG is measured differently than its book value, which is the value of Edible that is recorded on the company's balance sheet. Investors also form their own opinion of Edible Garden's value that differs from its market value or its book value, called intrinsic value, which is Edible Garden'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 Edible Garden's market value can be influenced by many factors that don't directly affect Edible Garden'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 Edible Garden's value and its price as these two are different measures arrived at by different means. Investors typically determine if Edible Garden is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edible Garden'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.