Baoshan Iron Stock Forecast - Relative Strength Index

600019 Stock   6.56  0.17  2.53%   
Baoshan Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Baoshan Iron stock prices and determine the direction of Baoshan Iron Steel's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Baoshan Iron's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Baoshan Iron's Accounts Payable is projected to increase significantly based on the last few years of reporting. The current year's Cash is expected to grow to about 27.3 B, whereas Total Assets are forecasted to decline to about 243.9 B.
Baoshan Iron Steel has current Relative Strength Index of 46.31.
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Baoshan Iron Trading Date Momentum

On November 23 2024 Baoshan Iron Steel was traded for  6.56  at the closing time. The highest price during the trading period was 6.81  and the lowest recorded bid was listed for  6.56 . There was no trading activity during the period 0.0. Lack of trading volume on November 23, 2024 did not affect price variability. The overall trading delta to the current price is 2.90% .
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Other Forecasting Options for Baoshan Iron

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

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

Baoshan Iron Steel 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 Baoshan Iron'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 Baoshan Iron's current price.

Baoshan Iron Market Strength Events

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

Baoshan Iron Risk Indicators

The analysis of Baoshan Iron'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 Baoshan Iron's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting baoshan 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 Baoshan Stock

Baoshan Iron financial ratios help investors to determine whether Baoshan 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 Baoshan with respect to the benefits of owning Baoshan Iron security.