IRobot Stock Forecast - Daily Balance Of Power
| IRBT Stock | USD 7.25 0.22 3.13% |
IRobot Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast IRobot stock prices and determine the direction of iRobot's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of IRobot's historical fundamentals, such as revenue growth or operating cash flow patterns. Although IRobot's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of IRobot's systematic risk associated with finding meaningful patterns of IRobot fundamentals over time.
Check out Historical Fundamental Analysis of IRobot to cross-verify your projections. IRobot |
Open Interest Against 2024-04-19 IRobot Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast IRobot'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 IRobot's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for IRobot 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 IRobot's open interest, investors have to compare it to IRobot'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 IRobot 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 IRobot. 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 IRobot 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 IRobot's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets IRobot's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of iRobot market sensitivity to bulls and bears. It estimates the ability of IRobot buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring IRobot Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.27) | 0.4783 |
| Check IRobot Volatility | Backtest IRobot | Information Ratio |
IRobot Trading Date Momentum
| On April 18 2024 iRobot was traded for 7.25 at the closing time. The top price for the day was 7.48 and the lowest listed price was 7.02 . The trading volume for the day was 1.1 M. The trading history from April 18, 2024 had no short-term effect on price fluctuation. The trading date delta against the current closing price is 2.76% . |
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 IRobot to competition |
Other Forecasting Options for IRobot
For every potential investor in IRobot, whether a beginner or expert, IRobot's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. IRobot Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in IRobot. Basic forecasting techniques help filter out the noise by identifying IRobot's price trends.IRobot 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 IRobot stock to make a market-neutral strategy. Peer analysis of IRobot could also be used in its relative valuation, which is a method of valuing IRobot by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
iRobot 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 IRobot'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 IRobot's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
IRobot Market Strength Events
Market strength indicators help investors to evaluate how IRobot stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IRobot shares will generate the highest return on investment. By undertsting and applying IRobot stock market strength indicators, traders can identify iRobot entry and exit signals to maximize returns.
IRobot Risk Indicators
The analysis of IRobot'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 IRobot's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting irobot 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 | 4.15 | |||
| Standard Deviation | 5.94 | |||
| Variance | 35.27 |
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 IRobot to cross-verify your projections. For more information on how to buy IRobot Stock please use our How to Invest in IRobot guide.Note that the iRobot information on this page should be used as a complementary analysis to other IRobot's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for IRobot Stock analysis
When running IRobot's price analysis, check to measure IRobot'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 IRobot is operating at the current time. Most of IRobot's value examination focuses on studying past and present price action to predict the probability of IRobot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IRobot's price. Additionally, you may evaluate how the addition of IRobot to your portfolios can decrease your overall portfolio volatility.
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |
Is IRobot'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 IRobot. If investors know IRobot 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 IRobot 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 (0.37) | Earnings Share (11.01) | Revenue Per Share 56.524 | Quarterly Revenue Growth (0.14) | Return On Assets 0.0076 |
The market value of iRobot is measured differently than its book value, which is the value of IRobot that is recorded on the company's balance sheet. Investors also form their own opinion of IRobot's value that differs from its market value or its book value, called intrinsic value, which is IRobot'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 IRobot's market value can be influenced by many factors that don't directly affect IRobot'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 IRobot's value and its price as these two are different measures arrived at by different means. Investors typically determine if IRobot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IRobot'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.