Douglas Dynamics Stock Forecast - Daily Balance Of Power

PLOW Stock  USD 23.32  0.34  1.44%   
Douglas Stock Forecast is based on your current time horizon.
  
At this time, Douglas Dynamics' Inventory Turnover is fairly stable compared to the past year. Payables Turnover is likely to climb to 23.22 in 2024, whereas Receivables Turnover is likely to drop 4.58 in 2024. . Common Stock Shares Outstanding is likely to climb to about 23 M in 2024, whereas Net Income Applicable To Common Shares is likely to drop slightly above 22.7 M in 2024.
On October 10, 2024 Douglas Dynamics had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of Douglas Dynamics market sensitivity to bulls and bears. It estimates the ability of Douglas Dynamics buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Douglas Dynamics Balance of Power indicator one can determine a trend of the price direction.
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Douglas Dynamics Trading Date Momentum

On October 11 2024 Douglas Dynamics was traded for  26.18  at the closing time. The top price for the day was 26.21  and the lowest listed price was  25.66 . The trading volume for the day was 95.7 K. The trading history from October 11, 2024 was a factor to the next trading day price increase. The trading delta at closing time against the next closing price was 1.87% . The overall trading delta against the current closing price is 1.44% .
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 Douglas Dynamics

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

Douglas Dynamics 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 Douglas Dynamics stock to make a market-neutral strategy. Peer analysis of Douglas Dynamics could also be used in its relative valuation, which is a method of valuing Douglas Dynamics by comparing valuation metrics with similar companies.
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Douglas Dynamics 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 Douglas Dynamics' 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 Douglas Dynamics' current price.

Douglas Dynamics Market Strength Events

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

Douglas Dynamics Risk Indicators

The analysis of Douglas Dynamics' 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 Douglas Dynamics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting douglas 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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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.

Additional Tools for Douglas Stock Analysis

When running Douglas Dynamics' price analysis, check to measure Douglas Dynamics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Douglas Dynamics is operating at the current time. Most of Douglas Dynamics' value examination focuses on studying past and present price action to predict the probability of Douglas Dynamics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Douglas Dynamics' price. Additionally, you may evaluate how the addition of Douglas Dynamics to your portfolios can decrease your overall portfolio volatility.