Chifeng Jilong Stock Forecast - Rate Of Daily Change

600988 Stock   17.24  0.42  2.38%   
Chifeng Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Chifeng Jilong stock prices and determine the direction of Chifeng Jilong Gold's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Chifeng Jilong's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Chifeng Jilong'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 3.9 B, whereas Other Current Liabilities is forecasted to decline to about 1.1 M.
Chifeng Jilong Gold has current Rate Of Daily Change of 0.98. Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Chifeng Jilong.
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Chifeng Jilong Trading Date Momentum

On November 25 2024 Chifeng Jilong Gold was traded for  17.24  at the closing time. The highest price during the trading period was 17.94  and the lowest recorded bid was listed for  17.00 . The volume for the day was 59.9 M. This history from November 25, 2024 did not affect price variability. The overall trading delta to the current price is 3.25% .
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for Chifeng Jilong

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

Chifeng Jilong 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 Chifeng Jilong stock to make a market-neutral strategy. Peer analysis of Chifeng Jilong could also be used in its relative valuation, which is a method of valuing Chifeng Jilong by comparing valuation metrics with similar companies.
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Chifeng Jilong Gold 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 Chifeng Jilong'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 Chifeng Jilong's current price.

Chifeng Jilong Market Strength Events

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

Chifeng Jilong Risk Indicators

The analysis of Chifeng Jilong'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 Chifeng Jilong's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting chifeng 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 Chifeng Stock

Chifeng Jilong financial ratios help investors to determine whether Chifeng 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 Chifeng with respect to the benefits of owning Chifeng Jilong security.