National Development Stock Forecast - Period Momentum Indicator

NDBN0000  LKR 82.90  0.90  1.10%   
National Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast National Development stock prices and determine the direction of National Development Bank's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of National Development's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
National Development Bank has current Period Momentum Indicator of 0.9. 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.
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National Development Trading Date Momentum

On November 26 2024 National Development Bank was traded for  82.90  at the closing time. The highest price during the trading period was 83.50  and the lowest recorded bid was listed for  82.00 . There was no trading activity during the period 0.0. Lack of trading volume on November 26, 2024 did not cause price change. The trading delta at closing time to the current price is 0.97% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for National Development

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

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

National Development Bank 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 National Development'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 National Development's current price.

National Development Market Strength Events

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

National Development Risk Indicators

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

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