Nano Dimension Stock Forecast - Daily Balance Of Power

NNDM Stock  USD 2.52  0.03  1.20%   
Nano Stock Forecast is based on your current time horizon. Although Nano Dimension's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Nano Dimension's systematic risk associated with finding meaningful patterns of Nano Dimension fundamentals over time.
  
At this time, Nano Dimension's Inventory Turnover is very stable compared to the past year. As of the 24th of December 2024, Payables Turnover is likely to grow to 6.90, while Receivables Turnover is likely to drop 2.04. . As of the 24th of December 2024, Common Stock Shares Outstanding is likely to grow to about 260.5 M, though Net Loss is likely to grow to (194.4 M).
On December 24, 2024 Nano Dimension had Daily Balance Of Power of 0.375. Balance of Power indicator (or BOP) measures the strength of Nano Dimension market sensitivity to bulls and bears. It estimates the ability of Nano Dimension buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Nano Dimension Balance of Power indicator one can determine a trend of the price direction.
Check Nano Dimension VolatilityBacktest Nano DimensionTrend Details  

Nano Dimension Trading Date Momentum

On December 24 2024 Nano Dimension was traded for  2.52  at the closing time. The top price for the day was 2.53  and the lowest listed price was  2.45 . The trading volume for the day was 1.4 M. The trading history from December 24, 2024 did not cause price change. The trading delta at closing time against the current closing price is 1.19% .
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 Nano Dimension

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

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

Nano Dimension 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 Nano Dimension'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 Nano Dimension's current price.

Nano Dimension Market Strength Events

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

Nano Dimension Risk Indicators

The analysis of Nano Dimension'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 Nano Dimension's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nano 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 Nano Dimension is a strong investment it is important to analyze Nano Dimension'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 Nano Dimension's future performance. For an informed investment choice regarding Nano Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Nano Dimension to cross-verify your projections.
To learn how to invest in Nano Stock, please use our How to Invest in Nano Dimension guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Technology Hardware, Storage & Peripherals 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 Nano Dimension. If investors know Nano 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 Nano Dimension listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.62)
Revenue Per Share
0.24
Quarterly Revenue Growth
0.017
Return On Assets
(0.06)
Return On Equity
(0.15)
The market value of Nano Dimension is measured differently than its book value, which is the value of Nano that is recorded on the company's balance sheet. Investors also form their own opinion of Nano Dimension's value that differs from its market value or its book value, called intrinsic value, which is Nano Dimension'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 Nano Dimension's market value can be influenced by many factors that don't directly affect Nano Dimension'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 Nano Dimension's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nano Dimension is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nano Dimension'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.