Zhejiang Transfar Stock Forecast - Period Momentum Indicator

002010 Stock   5.10  0.15  3.03%   
Zhejiang Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Zhejiang Transfar stock prices and determine the direction of Zhejiang Transfar Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Zhejiang Transfar's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Zhejiang Transfar's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 13.4 B, whereas Other Current Liabilities is forecasted to decline to about 294.9 M.
Zhejiang Transfar Co has current Period Momentum Indicator of 0.15. 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.
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Zhejiang Transfar Trading Date Momentum

On December 02 2024 Zhejiang Transfar Co was traded for  5.10  at the closing time. The highest price during the trading period was 5.18  and the lowest recorded bid was listed for  4.88 . The volume for the day was 65.1 M. This history from December 2, 2024 had no short-term effect on price fluctuation. The trading date delta to the current price is 2.94% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Zhejiang Transfar

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

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

Zhejiang Transfar 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 Zhejiang Transfar'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 Zhejiang Transfar's current price.

Zhejiang Transfar Market Strength Events

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

Zhejiang Transfar Risk Indicators

The analysis of Zhejiang Transfar'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 Zhejiang Transfar's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting zhejiang 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.

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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 Zhejiang Stock

Zhejiang Transfar financial ratios help investors to determine whether Zhejiang 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 Zhejiang with respect to the benefits of owning Zhejiang Transfar security.