Elevai Labs, Stock Forecast - Daily Balance Of Power

ELAB Stock   2.29  0.06  2.69%   
Elevai Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Elevai Labs, stock prices and determine the direction of Elevai Labs, Common's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Elevai Labs,'s historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The current year's Fixed Asset Turnover is expected to grow to 6.92, whereas Inventory Turnover is forecasted to decline to 0.67. . The current year's Common Stock Shares Outstanding is expected to grow to about 11.6 M.
On December 9, 2024 Elevai Labs, Common had Daily Balance Of Power of 0.1818. Balance of Power indicator (or BOP) measures the strength of Elevai Labs, Common market sensitivity to bulls and bears. It estimates the ability of Elevai Labs, buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Elevai Labs, Balance of Power indicator one can determine a trend of the price direction.
Check Elevai Labs, VolatilityBacktest Elevai Labs,Trend Details  

Elevai Labs, Trading Date Momentum

On December 10 2024 Elevai Labs, Common was traded for  2.57  at the closing time. The top price for the day was 2.83  and the lowest listed price was  2.10 . The trading volume for the day was 2.3 M. The trading history from December 10, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 22.38% . The overall trading delta against the current closing price is 6.19% .
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 Elevai Labs,

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

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

Elevai Labs, Common 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 Elevai Labs,'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 Elevai Labs,'s current price.

Elevai Labs, Market Strength Events

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

Elevai Labs, Risk Indicators

The analysis of Elevai Labs,'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 Elevai Labs,'s investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting elevai 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.

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.
When determining whether Elevai Labs, Common offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Elevai Labs,'s financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Elevai Labs, Common Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Elevai Labs, Common Stock:
Check out Historical Fundamental Analysis of Elevai Labs, to cross-verify your projections.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Health Care Equipment & Supplies 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 Elevai Labs,. If investors know Elevai 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 Elevai Labs, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(88.92)
Revenue Per Share
0.168
Quarterly Revenue Growth
0.913
Return On Assets
(0.89)
Return On Equity
(3.51)
The market value of Elevai Labs, Common is measured differently than its book value, which is the value of Elevai that is recorded on the company's balance sheet. Investors also form their own opinion of Elevai Labs,'s value that differs from its market value or its book value, called intrinsic value, which is Elevai Labs,'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 Elevai Labs,'s market value can be influenced by many factors that don't directly affect Elevai Labs,'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 Elevai Labs,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Elevai Labs, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elevai Labs,'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.