Zhende Medical Stock Forecast - Accumulation Distribution

603301 Stock   22.82  0.18  0.80%   
Zhende Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Zhende Medical stock prices and determine the direction of Zhende Medical Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Zhende Medical's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Zhende Medical's Other Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 3.9 B, whereas Retained Earnings are forecasted to decline to about 1.7 B.
Zhende Medical Co has current Accumulation Distribution of 72300.34. The accumulation distribution (A/D) indicator shows the degree to which Zhende Medical is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Zhende Medical Co to determine if accumulation or reduction is taking place in the market. This value is adjusted by Zhende Medical trading volume to give more weight to distributions with higher volume over lower volume.
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Zhende Medical Trading Date Momentum

On November 26 2024 Zhende Medical Co was traded for  22.82  at the closing time. The highest price during the trading period was 23.24  and the lowest recorded bid was listed for  22.51 . The volume for the day was 2.3 M. This history from November 26, 2024 had no short-term effect on price fluctuation. The trading date delta to the current price is 0.96% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for Zhende Medical

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

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

Zhende Medical 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 Zhende Medical'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 Zhende Medical's current price.

Zhende Medical Market Strength Events

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

Zhende Medical Risk Indicators

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

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