Dongfeng Automobile Stock Forecast - Period Momentum Indicator

600006 Stock   7.36  0.36  5.14%   
Dongfeng Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Dongfeng Automobile stock prices and determine the direction of Dongfeng Automobile Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Dongfeng Automobile's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Dongfeng Automobile's Other Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Net Receivables is expected to grow to about 4.9 B, whereas Total Assets are forecasted to decline to about 16.5 B.
Dongfeng Automobile Co has current Period Momentum Indicator of 0.36. 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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Dongfeng Automobile Trading Date Momentum

On November 26 2024 Dongfeng Automobile Co was traded for  7.36  at the closing time. The highest price during the trading period was 7.50  and the lowest recorded bid was listed for  6.90 . There was no trading activity during the period 0.0. Lack of trading volume on November 26, 2024 did not affect price variability. The overall trading delta to the current price is 4.21% .
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 Dongfeng Automobile

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

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

Dongfeng Automobile 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 Dongfeng Automobile'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 Dongfeng Automobile's current price.

Dongfeng Automobile Market Strength Events

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

Dongfeng Automobile Risk Indicators

The analysis of Dongfeng Automobile'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 Dongfeng Automobile's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dongfeng 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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Other Information on Investing in Dongfeng Stock

Dongfeng Automobile financial ratios help investors to determine whether Dongfeng 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 Dongfeng with respect to the benefits of owning Dongfeng Automobile security.