PetroChina Stock Forecast - Rate Of Daily Change

601857 Stock   8.03  0.02  0.25%   
PetroChina Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast PetroChina stock prices and determine the direction of PetroChina Co Ltd's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of PetroChina's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, PetroChina's Retained Earnings are projected to increase significantly based on the last few years of reporting. The current year's Accounts Payable is expected to grow to about 325.4 B, whereas Total Assets are forecasted to decline to about 2.5 T.
PetroChina Co Ltd has current Rate Of Daily Change of 1.0. Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of PetroChina.
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PetroChina Trading Date Momentum

On November 25 2024 PetroChina Co Ltd was traded for  8.03  at the closing time. The highest price during the trading period was 8.15  and the lowest recorded bid was listed for  8.00 . The volume for the day was 151.6 M. This history from November 25, 2024 did not cause price change. The trading delta at closing time to the current price is 0.25% .
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 PetroChina

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

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

PetroChina 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 PetroChina'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 PetroChina's current price.

PetroChina Market Strength Events

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

PetroChina Risk Indicators

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

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