Cactus Stock Forecast - Daily Balance Of Power

WHD Stock  USD 57.35  0.57  1.00%   
Cactus Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Cactus stock prices and determine the direction of Cactus Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Cactus' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Cactus' Payables Turnover is projected to drop based on the last few years of reporting. The current year's Receivables Turnover is expected to grow to 6.34, whereas Fixed Asset Turnover is forecasted to decline to 2.51. . The current year's Net Income Applicable To Common Shares is expected to grow to about 133 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 71.7 M.
On December 23, 2024 Cactus Inc had Daily Balance Of Power of 0.1132. Balance of Power indicator (or BOP) measures the strength of Cactus Inc market sensitivity to bulls and bears. It estimates the ability of Cactus buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Cactus Balance of Power indicator one can determine a trend of the price direction.
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Cactus Trading Date Momentum

On December 24 2024 Cactus Inc was traded for  57.35  at the closing time. Highest Cactus's price during the trading hours was 57.42  and the lowest price during the day was  56.08 . The net volume was 165.6 K. The overall trading history on the 24th of December contributed to the next trading period price growth. The trading price change to the next next day price was 1.00% . The overall trading delta to current price is 0.56% .
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 Cactus

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

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

Cactus Inc 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 Cactus' 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 Cactus' current price.

Cactus Market Strength Events

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

Cactus Risk Indicators

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

Also Currently Popular

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.
When determining whether Cactus Inc is a strong investment it is important to analyze Cactus' 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 Cactus' future performance. For an informed investment choice regarding Cactus Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Cactus to cross-verify your projections.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Oil & Gas Equipment & Services 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 Cactus. If investors know Cactus 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 Cactus 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
(0.07)
Dividend Share
0.49
Earnings Share
2.84
Revenue Per Share
17.195
Quarterly Revenue Growth
0.018
The market value of Cactus Inc is measured differently than its book value, which is the value of Cactus that is recorded on the company's balance sheet. Investors also form their own opinion of Cactus' value that differs from its market value or its book value, called intrinsic value, which is Cactus' 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 Cactus' market value can be influenced by many factors that don't directly affect Cactus' 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 Cactus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cactus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cactus' 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.