Chengtun Mining Stock Forecast - Period Momentum Indicator
| 600711 Stock | 4.95 0.09 1.85% |
Chengtun Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Chengtun Mining stock prices and determine the direction of Chengtun Mining Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Chengtun Mining's historical fundamentals, such as revenue growth or operating cash flow patterns.
Chengtun |
| Check Chengtun Mining Volatility | Backtest Chengtun Mining | Information Ratio |
Chengtun Mining Trading Date Momentum
| On February 07 2025 Chengtun Mining Group was traded for 4.95 at the closing time. The highest price during the trading period was 4.99 and the lowest recorded bid was listed for 4.91 . The volume for the day was 56.1 M. This history from February 7, 2025 did not affect price variability. The overall trading delta to the current price is 0.40% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
Compare Chengtun Mining to competition
Chengtun Mining 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 Chengtun Mining stock to make a market-neutral strategy. Peer analysis of Chengtun Mining could also be used in its relative valuation, which is a method of valuing Chengtun Mining by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Chengtun Mining Market Strength Events
Market strength indicators help investors to evaluate how Chengtun Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chengtun Mining shares will generate the highest return on investment. By undertsting and applying Chengtun Mining stock market strength indicators, traders can identify Chengtun Mining Group entry and exit signals to maximize returns.
| Accumulation Distribution | 898894.0 | |||
| Daily Balance Of Power | 1.125 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 4.95 | |||
| Day Typical Price | 4.95 | |||
| Price Action Indicator | 0.045 | |||
| Period Momentum Indicator | 0.09 |
Chengtun Mining Risk Indicators
The analysis of Chengtun Mining'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 Chengtun Mining's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting chengtun 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.
| Mean Deviation | 1.3 | |||
| Standard Deviation | 1.84 | |||
| Variance | 3.37 |
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.
Currently Active Assets on Macroaxis
Other Information on Investing in Chengtun Stock
Chengtun Mining financial ratios help investors to determine whether Chengtun 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 Chengtun with respect to the benefits of owning Chengtun Mining security.