Shanxi Tond Stock Forecast - Price Action Indicator
002360 Stock | 4.86 0.04 0.82% |
Shanxi Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Shanxi Tond stock prices and determine the direction of Shanxi Tond Chemical's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Shanxi Tond's historical fundamentals, such as revenue growth or operating cash flow patterns.
Shanxi |
Previous Price Action Indicator | Price Action Indicator | Trend |
(0.04) | (0.04) |
Check Shanxi Tond Volatility | Backtest Shanxi Tond | Information Ratio |
Shanxi Tond Trading Date Momentum
On February 05 2025 Shanxi Tond Chemical was traded for 4.86 at the closing time. The highest price during the trading period was 4.94 and the lowest recorded bid was listed for 4.82 . There was no trading activity during the period 0.0. Lack of trading volume on February 5, 2025 did not result in any price rise and fall. The trading price change to the current price is 0.82% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
Compare Shanxi Tond to competition
Shanxi Tond 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 Shanxi Tond stock to make a market-neutral strategy. Peer analysis of Shanxi Tond could also be used in its relative valuation, which is a method of valuing Shanxi Tond by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Shanxi Tond Market Strength Events
Market strength indicators help investors to evaluate how Shanxi Tond stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shanxi Tond shares will generate the highest return on investment. By undertsting and applying Shanxi Tond stock market strength indicators, traders can identify Shanxi Tond Chemical entry and exit signals to maximize returns.
Shanxi Tond Risk Indicators
The analysis of Shanxi Tond'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 Shanxi Tond's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shanxi 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.
Mean Deviation | 1.9 | |||
Standard Deviation | 2.54 | |||
Variance | 6.45 |
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 Shanxi Stock
Shanxi Tond financial ratios help investors to determine whether Shanxi 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 Shanxi with respect to the benefits of owning Shanxi Tond security.