Caihong Display Stock Forecast - Price Action Indicator

600707 Stock   6.89  0.03  0.43%   
Caihong Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Caihong Display stock prices and determine the direction of Caihong Display Devices's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Caihong Display's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Caihong Display's 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 10.2 B, whereas Other Current Liabilities is forecasted to decline to about 2.4 M.
Caihong Display Devices has current Price Action Indicator of 0.005. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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Caihong Display Trading Date Momentum

On November 25 2024 Caihong Display Devices was traded for  6.89  at the closing time. The highest price during the trading period was 6.97  and the lowest recorded bid was listed for  6.77 . The volume for the day was 31.9 M. This history from November 25, 2024 did not affect price variability. The overall trading delta to the current price is 0.87% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Caihong Display

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

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

Caihong Display Devices 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 Caihong Display'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 Caihong Display's current price.

Caihong Display Market Strength Events

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

Caihong Display Risk Indicators

The analysis of Caihong Display'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 Caihong Display's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting caihong 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 Caihong Stock

Caihong Display financial ratios help investors to determine whether Caihong 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 Caihong with respect to the benefits of owning Caihong Display security.