What is the most accurate indicator for day trading?
I am interested in day trading and want to know which indicator can provide the most accurate predictions for short-term market movements to help me make profitable trades during the day.
What is the most accurate indicator of what a stock is actually worth?
Could you please elaborate on what the most precise indicator of a stock's actual worth might be? Is it solely based on financial statements and ratios, or do other factors such as market sentiment, industry trends, and macroeconomic factors also play a significant role? Additionally, are there any specific tools or metrics that investors commonly use to determine a stock's fair value? It would be great if you could provide a concise yet comprehensive explanation of the most accurate indicator to assess a stock's true worth.