Shanghai Broadband Stock Forecast - Period Momentum Indicator

600608 Stock   4.20  0.24  6.06%   
Shanghai Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Shanghai Broadband stock prices and determine the direction of Shanghai Broadband Technology's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Shanghai Broadband's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Shanghai Broadband's Other Current Liabilities is projected to decrease significantly based on the last few years of reporting. The current year's Inventory is expected to grow to about 56.8 M, whereas Total Assets are forecasted to decline to about 148.7 M.
Shanghai Broadband Technology has current Period Momentum Indicator of 0.24. 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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Shanghai Broadband Trading Date Momentum

On November 23 2024 Shanghai Broadband Technology was traded for  4.20  at the closing time. The highest price during the trading period was 4.37  and the lowest recorded bid was listed for  4.13 . There was no trading activity during the period 0.0. Lack of trading volume on November 23, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.00% .
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 Shanghai Broadband

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

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

Shanghai Broadband 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 Shanghai Broadband'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 Shanghai Broadband's current price.

Shanghai Broadband Market Strength Events

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

Shanghai Broadband Risk Indicators

The analysis of Shanghai Broadband'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 Shanghai Broadband's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shanghai 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 Shanghai Stock

Shanghai Broadband financial ratios help investors to determine whether Shanghai 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 Shanghai with respect to the benefits of owning Shanghai Broadband security.