China Petroleum Stock Forecast - Rate Of Daily Change

600028 Stock   6.33  0.06  0.96%   
China Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast China Petroleum stock prices and determine the direction of China Petroleum Chemical's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of China Petroleum's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, China Petroleum's Other Assets are projected to increase significantly based on the last few years of reporting. The current year's Net Receivables is expected to grow to about 51.3 B, whereas Total Assets are forecasted to decline to about 1.7 T.
China Petroleum Chemical has current Rate Of Daily Change of 1.01. Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of China Petroleum.
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China Petroleum Trading Date Momentum

On November 25 2024 China Petroleum Chemical was traded for  6.33  at the closing time. The highest price during the trading period was 6.44  and the lowest recorded bid was listed for  6.28 . The volume for the day was 209.5 M. This history from November 25, 2024 did not affect price variability. The overall trading delta to the current price is 0.47% .
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for China Petroleum

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

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

China Petroleum Chemical 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 China Petroleum'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 China Petroleum's current price.

China Petroleum Market Strength Events

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

China Petroleum Risk Indicators

The analysis of China Petroleum'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 China Petroleum's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting china 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 China Stock

China Petroleum financial ratios help investors to determine whether China 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 China with respect to the benefits of owning China Petroleum security.