Gome Telecom Stock Forecast - Price Action Indicator

600898 Stock   1.84  0.14  7.07%   
Gome Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Gome Telecom stock prices and determine the direction of Gome Telecom Equipment's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Gome Telecom's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Gome Telecom's Intangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Property Plant Equipment is expected to grow to about 136.4 M, whereas Total Assets are forecasted to decline to about 239.7 M.
Gome Telecom Equipment has current Price Action Indicator of (0.12). 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.
Check Gome Telecom VolatilityBacktest Gome TelecomInformation Ratio  

Gome Telecom Trading Date Momentum

On November 22 2024 Gome Telecom Equipment was traded for  1.84  at the closing time. The highest price during the trading period was 1.97  and the lowest recorded bid was listed for  1.82 . The volume for the day was 4.9 M. This history from November 22, 2024 did not cause price change. The overall trading delta to the current price is 3.80% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
Compare Gome Telecom to competition

Other Forecasting Options for Gome Telecom

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

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

Gome Telecom Equipment 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 Gome Telecom'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 Gome Telecom's current price.

Gome Telecom Market Strength Events

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

Gome Telecom Risk Indicators

The analysis of Gome Telecom'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 Gome Telecom's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting gome 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Gome Stock

Gome Telecom financial ratios help investors to determine whether Gome 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 Gome with respect to the benefits of owning Gome Telecom security.