Innodata Stock Forecast - Period Momentum Indicator

INOD Stock  USD 45.99  0.09  0.20%   
Innodata Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Innodata stock prices and determine the direction of Innodata's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Innodata's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Innodata's Payables Turnover is projected to drop based on the last few years of reporting. The current year's Asset Turnover is expected to grow to 1.58, whereas Receivables Turnover is forecasted to decline to 4.87. . As of November 13, 2024, Common Stock Shares Outstanding is expected to decline to about 27.8 M. The current year's Net Loss is expected to grow to about (9.5 M).
Innodata has current Period Momentum Indicator of 0.09. Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
Check Innodata VolatilityBacktest InnodataInformation Ratio  

Innodata Trading Date Momentum

On November 12 2024 Innodata was traded for  45.99  at the closing time. The top price for the day was 49.72  and the lowest listed price was  44.39 . The trading volume for the day was 2.8 M. The trading history from November 12, 2024 did not cause price change. The trading delta at closing time against the current closing price is 1.39% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
Compare Innodata to competition

Other Forecasting Options for Innodata

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

View Innodata Related Equities

 Risk & Return  Correlation

Innodata 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 Innodata'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 Innodata's current price.

Innodata Market Strength Events

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

Innodata Risk Indicators

The analysis of Innodata'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 Innodata's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting innodata 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 Innodata is a strong investment it is important to analyze Innodata'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 Innodata's future performance. For an informed investment choice regarding Innodata Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Innodata to cross-verify your projections.
For information on how to trade Innodata Stock refer to our How to Trade Innodata Stock guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Data Processing & Outsourced 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 Innodata. If investors know Innodata 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 Innodata 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
50
Earnings Share
0.11
Revenue Per Share
4.764
Quarterly Revenue Growth
1.356
Return On Assets
0.1351
The market value of Innodata is measured differently than its book value, which is the value of Innodata that is recorded on the company's balance sheet. Investors also form their own opinion of Innodata's value that differs from its market value or its book value, called intrinsic value, which is Innodata'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 Innodata's market value can be influenced by many factors that don't directly affect Innodata'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 Innodata's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innodata is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innodata'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.