Shineco Stock Forecast - Period Momentum Indicator

SISI Stock  USD 2.47  0.15  6.47%   
Shineco Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Shineco's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, Shineco's Fixed Asset Turnover is increasing as compared to previous years. The Shineco's current Asset Turnover is estimated to increase to 0.48, while Inventory Turnover is projected to decrease to 0.36. . The Shineco's current Common Stock Shares Outstanding is estimated to increase to about 5.6 M, while Net Loss is projected to decrease to (12.6 M).
Shineco has current Period Momentum Indicator of 0.15. 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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Shineco Trading Date Momentum

On December 01 2024 Shineco was traded for  2.47  at the closing time. The top price for the day was 2.64  and the lowest listed price was  2.40 . There was no trading activity during the period 0.0. Lack of trading volume on December 1, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 2.83% .
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 Shineco

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

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

Shineco 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 Shineco'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 Shineco's current price.

Shineco Market Strength Events

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

Shineco Risk Indicators

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

When determining whether Shineco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Shineco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Shineco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Shineco Stock:
Check out Historical Fundamental Analysis of Shineco to cross-verify your projections.
For more detail on how to invest in Shineco Stock please use our How to Invest in Shineco guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shineco. If investors know Shineco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shineco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(171.02)
Revenue Per Share
44.227
Quarterly Revenue Growth
13.101
Return On Assets
(0.14)
Return On Equity
(0.90)
The market value of Shineco is measured differently than its book value, which is the value of Shineco that is recorded on the company's balance sheet. Investors also form their own opinion of Shineco's value that differs from its market value or its book value, called intrinsic value, which is Shineco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shineco's market value can be influenced by many factors that don't directly affect Shineco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shineco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shineco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shineco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.