Shandong Hongchuang Stock Forecast - Relative Strength Index
| 002379 Stock | 10.41 0.26 2.56% |
Shandong Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Shandong Hongchuang stock prices and determine the direction of Shandong Hongchuang Aluminum's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Shandong Hongchuang's historical fundamentals, such as revenue growth or operating cash flow patterns.
Shandong |
| Previous Relative Strength Index | Relative Strength Index | Trend |
| 61.79 | 61.79 |
| Check Shandong Hongchuang Volatility | Backtest Shandong Hongchuang | Information Ratio |
Shandong Hongchuang Trading Date Momentum
| On February 05 2025 Shandong Hongchuang Aluminum was traded for 10.41 at the closing time. The highest price during the trading period was 10.72 and the lowest recorded bid was listed for 10.09 . 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 2.50% . |
Shandong Hongchuang 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 Shandong Hongchuang stock to make a market-neutral strategy. Peer analysis of Shandong Hongchuang could also be used in its relative valuation, which is a method of valuing Shandong Hongchuang by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Shandong Hongchuang Market Strength Events
Market strength indicators help investors to evaluate how Shandong Hongchuang stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shandong Hongchuang shares will generate the highest return on investment. By undertsting and applying Shandong Hongchuang stock market strength indicators, traders can identify Shandong Hongchuang Aluminum entry and exit signals to maximize returns.
Shandong Hongchuang Risk Indicators
The analysis of Shandong Hongchuang'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 Shandong Hongchuang's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shandong 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 | 2.38 | |||
| Semi Deviation | 2.31 | |||
| Standard Deviation | 3.36 | |||
| Variance | 11.27 | |||
| Downside Variance | 9.97 | |||
| Semi Variance | 5.35 | |||
| Expected Short fall | (3.07) |
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 Shandong Stock
Shandong Hongchuang financial ratios help investors to determine whether Shandong 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 Shandong with respect to the benefits of owning Shandong Hongchuang security.