Hangzhou Weiguang Stock Forecast - Period Momentum Indicator

002801 Stock   22.36  1.07  4.57%   
Hangzhou Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Hangzhou Weiguang stock prices and determine the direction of Hangzhou Weiguang Electronic's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Hangzhou Weiguang's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Hangzhou Weiguang's Cash is projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 25 M, whereas Total Assets are forecasted to decline to about 1.1 B.
Hangzhou Weiguang Electronic has current Period Momentum Indicator of (1.07). 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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Hangzhou Weiguang Trading Date Momentum

On November 24 2024 Hangzhou Weiguang Electronic was traded for  22.36  at the closing time. The highest price during the trading period was 23.83  and the lowest recorded bid was listed for  22.35 . There was no trading activity during the period 0.0. Lack of trading volume on November 24, 2024 did not cause price change. The trading delta at closing time to the current price is 4.79% .
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 Hangzhou Weiguang

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

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

Hangzhou Weiguang 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 Hangzhou Weiguang'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 Hangzhou Weiguang's current price.

Hangzhou Weiguang Market Strength Events

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

Hangzhou Weiguang Risk Indicators

The analysis of Hangzhou Weiguang'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 Hangzhou Weiguang's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hangzhou 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 Hangzhou Stock

Hangzhou Weiguang financial ratios help investors to determine whether Hangzhou 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 Hangzhou with respect to the benefits of owning Hangzhou Weiguang security.