Harrow Health Stock Forecast - Daily Balance Of Power
| HROWL Stock | USD 25.26 0.05 0.20% |
Harrow Stock Forecast is based on your current time horizon. Although Harrow Health's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Harrow Health's systematic risk associated with finding meaningful patterns of Harrow Health fundamentals over time.
Harrow |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 1.0 | 0.4848 |
| Check Harrow Health Volatility | Backtest Harrow Health | Trend Details |
Harrow Health Trading Date Momentum
| On May 09 2023 Harrow Health 8625 was traded for 21.33 at the closing time. The highest daily price throughout the period was 21.41 and the lowest price was 21.14 . The daily volume was 15.1 K. The net trading volume on 05/09/2023 added to the next day price upswing. The trading delta at closing time to closing price of the next trading day was 0.52% . The trading delta at closing time to current closing price is 0.38% . |
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 Harrow Health
For every potential investor in Harrow, whether a beginner or expert, Harrow Health's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Harrow Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Harrow. Basic forecasting techniques help filter out the noise by identifying Harrow Health's price trends.Harrow Health 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 Harrow Health stock to make a market-neutral strategy. Peer analysis of Harrow Health could also be used in its relative valuation, which is a method of valuing Harrow Health by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Harrow Health 8625 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 Harrow Health'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 Harrow Health's current price.| Cycle Indicators | ||
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Harrow Health Market Strength Events
Market strength indicators help investors to evaluate how Harrow Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Harrow Health shares will generate the highest return on investment. By undertsting and applying Harrow Health stock market strength indicators, traders can identify Harrow Health 8625 entry and exit signals to maximize returns.
| Accumulation Distribution | 7.57 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 25.28 | |||
| Day Typical Price | 25.27 | |||
| Price Action Indicator | (0.04) | |||
| Period Momentum Indicator | (0.05) |
Harrow Health Risk Indicators
The analysis of Harrow Health'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 Harrow Health's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting harrow 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 | 0.2183 | |||
| Semi Deviation | 0.3134 | |||
| Standard Deviation | 0.3148 | |||
| Variance | 0.0991 | |||
| Downside Variance | 0.1417 | |||
| Semi Variance | 0.0982 | |||
| Expected Short fall | (0.23) |
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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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Harrow Health to cross-verify your projections. For more information on how to buy Harrow Stock please use our How to buy in Harrow Stock guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Pharmaceuticals 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 Harrow Health. If investors know Harrow 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 Harrow Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Equity 0.4484 |
The market value of Harrow Health 8625 is measured differently than its book value, which is the value of Harrow that is recorded on the company's balance sheet. Investors also form their own opinion of Harrow Health's value that differs from its market value or its book value, called intrinsic value, which is Harrow Health'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 Harrow Health's market value can be influenced by many factors that don't directly affect Harrow Health'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 Harrow Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harrow Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harrow Health'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.