ERecord Management Stock Forecast - Daily Balance Of Power

ERMG Stock  USD 0.0002  0.00  0.00%   
ERecord Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of ERecord Management's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The current Inventory Turnover is estimated to decrease to 24.31. The current Payables Turnover is estimated to decrease to 3.02. The current Net Loss is estimated to decrease to about (866 K).
On May 18, 2023 ERecord Management had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of ERecord Management market sensitivity to bulls and bears. It estimates the ability of ERecord Management buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring ERecord Management Balance of Power indicator one can determine a trend of the price direction.
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ERecord Management Trading Date Momentum

On May 19 2023 ERecord Management was traded for  0.0002  at the closing time. The top price for the day was 0.0002  and the lowest listed price was  0.0002 . There was no trading activity during the period 1.0. Lack of trading volume on May 19, 2023 did not affect price variability. The overall trading delta against the current closing price is 0.00% .
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 ERecord Management

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

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

ERecord Management 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 ERecord Management'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 ERecord Management's current price.

ERecord Management Market Strength Events

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

Currently Active Assets on Macroaxis

When determining whether ERecord Management is a strong investment it is important to analyze ERecord Management'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 ERecord Management's future performance. For an informed investment choice regarding ERecord Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of ERecord Management to cross-verify your projections.
For more detail on how to invest in ERecord Stock please use our How to Invest in ERecord Management guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Electronic Equipment, Instruments & Components 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 ERecord Management. If investors know ERecord 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 ERecord Management listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share
1.148
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.51)
Return On Equity
(1.15)
The market value of ERecord Management is measured differently than its book value, which is the value of ERecord that is recorded on the company's balance sheet. Investors also form their own opinion of ERecord Management's value that differs from its market value or its book value, called intrinsic value, which is ERecord Management'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 ERecord Management's market value can be influenced by many factors that don't directly affect ERecord Management'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 ERecord Management's value and its price as these two are different measures arrived at by different means. Investors typically determine if ERecord Management is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ERecord Management'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.