Sanan Optoelectronics Stock Forecast - Period Momentum Indicator

600703 Stock   12.98  0.13  1.01%   
Sanan Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Sanan Optoelectronics stock prices and determine the direction of Sanan Optoelectronics Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Sanan Optoelectronics' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Sanan Optoelectronics' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 10.7 B, whereas Other Current Liabilities is forecasted to decline to about 457.2 M.
Sanan Optoelectronics Co has current Period Momentum Indicator of 0.13. 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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Sanan Optoelectronics Trading Date Momentum

On December 12 2024 Sanan Optoelectronics Co was traded for  12.98  at the closing time. The highest price during the trading period was 13.02  and the lowest recorded bid was listed for  12.83 . The volume for the day was 43.7 M. This history from December 12, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.08% .
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 Sanan Optoelectronics

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

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

Sanan Optoelectronics 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 Sanan Optoelectronics' 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 Sanan Optoelectronics' current price.

Sanan Optoelectronics Market Strength Events

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

Sanan Optoelectronics Risk Indicators

The analysis of Sanan Optoelectronics' 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 Sanan Optoelectronics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sanan 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 Sanan Stock

Sanan Optoelectronics financial ratios help investors to determine whether Sanan 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 Sanan with respect to the benefits of owning Sanan Optoelectronics security.