Zoy Home Stock Forecast - Period Momentum Indicator

603709 Stock   11.54  0.23  2.03%   
Zoy Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Zoy Home stock prices and determine the direction of Zoy Home Furnishing's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Zoy Home's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Zoy Home's Retained Earnings are projected to increase significantly based on the last few years of reporting. The current year's Cash is expected to grow to about 165.5 M, whereas Total Assets are forecasted to decline to about 858.4 M.
Zoy Home Furnishing has current Period Momentum Indicator of 0.23. Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
Check Zoy Home VolatilityBacktest Zoy HomeInformation Ratio  

Zoy Home Trading Date Momentum

On November 29 2024 Zoy Home Furnishing was traded for  11.54  at the closing time. The highest price during the trading period was 11.71  and the lowest recorded bid was listed for  11.09 . The volume for the day was 2.7 M. This history from November 29, 2024 had no short-term effect on price fluctuation. The trading date delta to the current price is 2.25% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
Compare Zoy Home to competition

Other Forecasting Options for Zoy Home

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

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

Zoy Home Furnishing 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 Zoy Home'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 Zoy Home's current price.

Zoy Home Market Strength Events

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

Zoy Home Risk Indicators

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

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