Ningbo Boway Stock Forecast - Daily Balance Of Power

601137 Stock   20.01  1.14  6.04%   
Ningbo Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Ningbo Boway stock prices and determine the direction of Ningbo Boway Alloy's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Ningbo Boway's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Ningbo Boway'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 6.6 B, whereas Other Current Liabilities is forecasted to decline to about 3.7 M.
Ningbo Boway Alloy has current Daily Balance Of Power of 0.8143. Balance of Power indicator (or BOP) measures the strength of Ningbo Boway Alloy market sensitivity to bulls and bears. It estimates the ability of Ningbo Boway buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Ningbo Boway Balance of Power indicator one can determine a trend of the price direction.
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Ningbo Boway Trading Date Momentum

On December 27 2024 Ningbo Boway Alloy was traded for  20.01  at the closing time. The highest price during the trading period was 20.28  and the lowest recorded bid was listed for  18.88 . There was no trading activity during the period 0.0. Lack of trading volume on December 27, 2024 did not cause price change. The trading delta at closing time to the current price is 3.15% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Ningbo Boway

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

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

Ningbo Boway Alloy 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 Ningbo Boway'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 Ningbo Boway's current price.

Ningbo Boway Market Strength Events

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

Ningbo Boway Risk Indicators

The analysis of Ningbo Boway'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 Ningbo Boway's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ningbo 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 Ningbo Stock

Ningbo Boway financial ratios help investors to determine whether Ningbo 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 Ningbo with respect to the benefits of owning Ningbo Boway security.