China Satellite Stock Forecast - Day Typical Price

601698 Stock   21.17  1.40  6.20%   
China Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast China Satellite stock prices and determine the direction of China Satellite Communications's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of China Satellite's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, China Satellite's Non Current Assets Total are projected to decrease significantly based on the last few years of reporting. The current year's Net Receivables is expected to grow to about 425.5 M, whereas Total Assets are forecasted to decline to about 20.8 B.
China Satellite Communications has current Day Typical Price of 21.62. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
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China Satellite Trading Date Momentum

On November 23 2024 China Satellite Communications was traded for  21.17  at the closing time. The highest price during the trading period was 22.57  and the lowest recorded bid was listed for  21.13 . There was no trading activity during the period 0.0. Lack of trading volume on November 23, 2024 did not affect price variability. The overall trading delta to the current price is 5.34% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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Other Forecasting Options for China Satellite

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

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

China Satellite Comm 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 China Satellite'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 China Satellite's current price.

China Satellite Market Strength Events

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

China Satellite Risk Indicators

The analysis of China Satellite'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 China Satellite's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting china 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 China Stock

China Satellite financial ratios help investors to determine whether China 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 China with respect to the benefits of owning China Satellite security.