ChengDu Hi Stock Forecast - Period Momentum Indicator

000628 Stock   58.42  2.31  3.80%   
ChengDu Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast ChengDu Hi stock prices and determine the direction of ChengDu Hi Tech Development's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of ChengDu Hi's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, ChengDu Hi's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 2.2 B, whereas Other Liabilities is forecasted to decline to about 43 M.
ChengDu Hi Tech Development has current Period Momentum Indicator of (2.31). 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 ChengDu Hi VolatilityBacktest ChengDu HiInformation Ratio  

ChengDu Hi Trading Date Momentum

On November 24 2024 ChengDu Hi Tech Development was traded for  58.42  at the closing time. The highest price during the trading period was 61.60  and the lowest recorded bid was listed for  58.30 . There was no trading activity during the period 0.0. Lack of trading volume on November 24, 2024 did not affect price variability. The overall trading delta to the current price is 2.70% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
Compare ChengDu Hi to competition

Other Forecasting Options for ChengDu Hi

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

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

ChengDu Hi Tech 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 ChengDu Hi'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 ChengDu Hi's current price.

ChengDu Hi Market Strength Events

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

ChengDu Hi Risk Indicators

The analysis of ChengDu Hi'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 ChengDu Hi's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting chengdu 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.

Other Information on Investing in ChengDu Stock

ChengDu Hi financial ratios help investors to determine whether ChengDu Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ChengDu with respect to the benefits of owning ChengDu Hi security.