Green Thumb OTC Stock Forecast - Daily Balance Of Power
| GTBIF Stock | USD 13.11 0.69 5.56% |
Green OTC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Green Thumb stock prices and determine the direction of Green Thumb Industries's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Green Thumb's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Green Thumb to cross-verify your projections. Green |
Most investors in Green Thumb cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Green Thumb's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Green Thumb's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Green Thumb Industries market sensitivity to bulls and bears. It estimates the ability of Green Thumb buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Green Thumb Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.4065 | 0.4452 |
| Check Green Thumb Volatility | Backtest Green Thumb | Information Ratio |
Green Thumb Trading Date Momentum
| On April 19 2024 Green Thumb Industries was traded for 13.11 at the closing time. The highest daily price throughout the period was 13.65 and the lowest price was 12.10 . There was no trading activity during the period 0.0. Lack of trading volume on 04/19/2024 did not cause price change. The overall trading delta to current closing price is 4.81% . |
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.
| Compare Green Thumb to competition |
Other Forecasting Options for Green Thumb
For every potential investor in Green, whether a beginner or expert, Green Thumb's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Green OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Green. Basic forecasting techniques help filter out the noise by identifying Green Thumb's price trends.Green Thumb 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 Green Thumb otc stock to make a market-neutral strategy. Peer analysis of Green Thumb could also be used in its relative valuation, which is a method of valuing Green Thumb by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Green Thumb Industries Technical and Predictive Analytics
The otc stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Green Thumb'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 Green Thumb's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Green Thumb Market Strength Events
Market strength indicators help investors to evaluate how Green Thumb otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Green Thumb shares will generate the highest return on investment. By undertsting and applying Green Thumb otc stock market strength indicators, traders can identify Green Thumb Industries entry and exit signals to maximize returns.
Green Thumb Risk Indicators
The analysis of Green Thumb'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 Green Thumb's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting green otc 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.
| Mean Deviation | 2.98 | |||
| Semi Deviation | 3.57 | |||
| Standard Deviation | 3.97 | |||
| Variance | 15.75 | |||
| Downside Variance | 13.57 | |||
| Semi Variance | 12.72 | |||
| Expected Short fall | (3.63) |
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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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Green Thumb to cross-verify your projections. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Green OTC Stock analysis
When running Green Thumb's price analysis, check to measure Green Thumb's 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 Green Thumb is operating at the current time. Most of Green Thumb's value examination focuses on studying past and present price action to predict the probability of Green Thumb's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Green Thumb's price. Additionally, you may evaluate how the addition of Green Thumb to your portfolios can decrease your overall portfolio volatility.
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