InMode Stock Forecast - Daily Balance Of Power

INMD Stock  USD 17.55  0.15  0.85%   
InMode Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast InMode stock prices and determine the direction of InMode's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of InMode's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, InMode's Asset Turnover is projected to slightly decrease based on the last few years of reporting. . The current year's Net Income Applicable To Common Shares is expected to grow to about 195 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 79.1 M.
On October 14, 2024 InMode had Daily Balance Of Power of 0.7963. Most investors in InMode 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 InMode's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets InMode's price structures and extracts relationships that further increase the accuracy of the generated results. Balance of Power indicator (or BOP) measures the strength of InMode market sensitivity to bulls and bears. It estimates the ability of InMode buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring InMode Balance of Power indicator one can determine a trend of the price direction.
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InMode Trading Date Momentum

On October 15 2024 InMode was traded for  16.65  at the closing time. The top price for the day was 16.70  and the lowest listed price was  16.36 . The trading volume for the day was 880.1 K. The trading history from October 15, 2024 did not cause price change. The trading delta at closing time against the current closing price is 6.19% .
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 InMode

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

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

InMode 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 InMode'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 InMode's current price.

InMode Market Strength Events

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

InMode Risk Indicators

The analysis of InMode'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 InMode's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting inmode 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 InMode is a strong investment it is important to analyze InMode'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 InMode's future performance. For an informed investment choice regarding InMode Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of InMode to cross-verify your projections.
For information on how to trade InMode Stock refer to our How to Trade InMode Stock guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Health Care Equipment & Supplies 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 InMode. If investors know InMode 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 InMode 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
(0.57)
Earnings Share
1.72
Revenue Per Share
4.96
Quarterly Revenue Growth
(0.36)
Return On Assets
0.1051
The market value of InMode is measured differently than its book value, which is the value of InMode that is recorded on the company's balance sheet. Investors also form their own opinion of InMode's value that differs from its market value or its book value, called intrinsic value, which is InMode'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 InMode's market value can be influenced by many factors that don't directly affect InMode'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 InMode's value and its price as these two are different measures arrived at by different means. Investors typically determine if InMode is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InMode'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.