Streamline Health Stock Forecast - Daily Balance Of Power

STRM Stock  USD 3.68  0.05  1.38%   
Streamline Stock Forecast is based on your current time horizon. Although Streamline 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 Streamline Health's systematic risk associated with finding meaningful patterns of Streamline Health fundamentals over time.
  
At this time, Streamline Health's Inventory Turnover is very stable compared to the past year. As of the 29th of December 2024, Fixed Asset Turnover is likely to grow to 269.61, while Payables Turnover is likely to drop 8.49. . As of the 29th of December 2024, Common Stock Shares Outstanding is likely to drop to about 3.6 M. In addition to that, Net Loss is likely to grow to about (9.7 M).
On December 19, 2024 Streamline Health Solutions had Daily Balance Of Power of (0.79). Balance of Power indicator (or BOP) measures the strength of Streamline Health Solutions market sensitivity to bulls and bears. It estimates the ability of Streamline Health buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Streamline Health Balance of Power indicator one can determine a trend of the price direction.
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Streamline Health Trading Date Momentum

On December 20 2024 Streamline Health Solutions was traded for  3.39  at the closing time. The top price for the day was 3.48  and the lowest listed price was  3.07 . The trading volume for the day was 50.6 K. The trading history from December 20, 2024 was a factor to the next trading day price boost. The trading price change against the next closing price was 7.62% . The trading price change against the current closing price is 6.03% .
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 Streamline Health

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

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

Streamline Health 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 Streamline 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 Streamline Health's current price.

Streamline Health Market Strength Events

Market strength indicators help investors to evaluate how Streamline 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 Streamline Health shares will generate the highest return on investment. By undertsting and applying Streamline Health stock market strength indicators, traders can identify Streamline Health Solutions entry and exit signals to maximize returns.

Streamline Health Risk Indicators

The analysis of Streamline 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 Streamline Health's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting streamline 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 Streamline Health is a strong investment it is important to analyze Streamline Health'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 Streamline Health's future performance. For an informed investment choice regarding Streamline Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Streamline Health to cross-verify your projections.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Health Care Technology 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 Streamline Health. If investors know Streamline 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 Streamline Health 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
12.131
Earnings Share
(2.35)
Revenue Per Share
5.249
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.11)
The market value of Streamline Health is measured differently than its book value, which is the value of Streamline that is recorded on the company's balance sheet. Investors also form their own opinion of Streamline Health's value that differs from its market value or its book value, called intrinsic value, which is Streamline 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 Streamline Health's market value can be influenced by many factors that don't directly affect Streamline 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 Streamline Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Streamline Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Streamline 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.