Methode Electronics Stock Forecast - Daily Balance Of Power

MEI Stock  USD 12.86  0.21  1.61%   
Methode Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Methode Electronics' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The Methode Electronics' current Inventory Turnover is estimated to increase to 5.67. The Methode Electronics' current Payables Turnover is estimated to increase to 8.28. The Methode Electronics' current Common Stock Shares Outstanding is estimated to increase to about 36.9 M, while Net Income Applicable To Common Shares is projected to decrease to under 58.7 M.
On December 13, 2024 Methode Electronics had Daily Balance Of Power of (0.11). Balance of Power indicator (or BOP) measures the strength of Methode Electronics market sensitivity to bulls and bears. It estimates the ability of Methode Electronics buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Methode Electronics Balance of Power indicator one can determine a trend of the price direction.
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Methode Electronics Trading Date Momentum

On December 16 2024 Methode Electronics was traded for  12.86  at the closing time. Highest Methode Electronics's price during the trading hours was 13.51  and the lowest price during the day was  12.83 . The net volume was 299.2 K. The overall trading history on the 16th of December 2024 contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.61% . The trading delta at closing time to current price is 0.54% .
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 Methode Electronics

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

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

Methode Electronics 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 Methode Electronics' 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 Methode Electronics' current price.

Methode Electronics Market Strength Events

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

Methode Electronics Risk Indicators

The analysis of Methode Electronics' 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 Methode Electronics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting methode 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.

Currently Active Assets on Macroaxis

When determining whether Methode Electronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Methode Electronics' 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 Methode Electronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Methode Electronics Stock:
Check out Historical Fundamental Analysis of Methode Electronics to cross-verify your projections.
For more detail on how to invest in Methode Stock please use our How to Invest in Methode Electronics guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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 Methode Electronics. If investors know Methode 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 Methode Electronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.97)
Earnings Share
(2.52)
Revenue Per Share
30.598
Quarterly Revenue Growth
(0.11)
Return On Assets
(0)
The market value of Methode Electronics is measured differently than its book value, which is the value of Methode that is recorded on the company's balance sheet. Investors also form their own opinion of Methode Electronics' value that differs from its market value or its book value, called intrinsic value, which is Methode Electronics' 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 Methode Electronics' market value can be influenced by many factors that don't directly affect Methode Electronics' 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 Methode Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Methode Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Methode Electronics' 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.