Harrow Health Stock Forecast - Daily Balance Of Power
| HROW Stock | USD 11.82 0.48 3.90% |
Harrow Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Harrow Health stock prices and determine the direction of Harrow Health's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Harrow Health's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Harrow 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 Harrow Health's systematic risk associated with finding meaningful patterns of Harrow Health fundamentals over time.
Check out Historical Fundamental Analysis of Harrow Health to cross-verify your projections. Harrow |
Open Interest Against 2024-04-19 Harrow Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Harrow Health's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Harrow Health's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Harrow Health stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Harrow Health's open interest, investors have to compare it to Harrow Health's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Harrow Health is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Harrow. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Harrow Health 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 Harrow Health's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Harrow Health's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Harrow Health market sensitivity to bulls and bears. It estimates the ability of Harrow Health buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Harrow Health Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.76) | (0.72) |
| Check Harrow Health Volatility | Backtest Harrow Health | Information Ratio |
Harrow Health Trading Date Momentum
| On April 18 2024 Harrow Health was traded for 11.82 at the closing time. The top price for the day was 12.33 and the lowest listed price was 11.66 . There was no trading activity during the period 0.0. Lack of trading volume on April 18, 2024 did not cause price change. The trading delta at closing time against the current closing price is 4.31% . |
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 Harrow Health to competition |
Other Forecasting Options for Harrow Health
For every potential investor in Harrow, whether a beginner or expert, Harrow Health's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Harrow Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Harrow. Basic forecasting techniques help filter out the noise by identifying Harrow Health's price trends.Harrow 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 Harrow Health stock to make a market-neutral strategy. Peer analysis of Harrow Health could also be used in its relative valuation, which is a method of valuing Harrow Health by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Harrow 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 Harrow 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 Harrow Health's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Harrow Health Market Strength Events
Market strength indicators help investors to evaluate how Harrow 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 Harrow Health shares will generate the highest return on investment. By undertsting and applying Harrow Health stock market strength indicators, traders can identify Harrow Health entry and exit signals to maximize returns.
Harrow Health Risk Indicators
The analysis of Harrow 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 Harrow Health's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting harrow 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 | 2.65 | |||
| Semi Deviation | 2.67 | |||
| Standard Deviation | 3.34 | |||
| Variance | 11.16 | |||
| Downside Variance | 8.47 | |||
| Semi Variance | 7.15 | |||
| Expected Short fall | (3.13) |
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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Harrow Health to cross-verify your projections. For more information on how to buy Harrow Stock please use our How to Invest in Harrow Health guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Harrow Stock analysis
When running Harrow Health's price analysis, check to measure Harrow Health'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 Harrow Health is operating at the current time. Most of Harrow Health's value examination focuses on studying past and present price action to predict the probability of Harrow Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harrow Health's price. Additionally, you may evaluate how the addition of Harrow Health to your portfolios can decrease your overall portfolio volatility.
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |
Is Harrow Health's industry 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 Harrow Health. If investors know Harrow 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 Harrow 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 (0.64) | Earnings Share (0.75) | Revenue Per Share 3.992 | Quarterly Revenue Growth 0.788 | Return On Assets 0.0022 |
The market value of Harrow Health is measured differently than its book value, which is the value of Harrow that is recorded on the company's balance sheet. Investors also form their own opinion of Harrow Health's value that differs from its market value or its book value, called intrinsic value, which is Harrow 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 Harrow Health's market value can be influenced by many factors that don't directly affect Harrow 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 Harrow Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harrow Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harrow 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.