Sportking India Stock Forecast - Relative Strength Index

SPORTKING   94.00  3.54  3.91%   
Sportking Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Sportking India's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, Sportking India's Cash is decreasing as compared to previous years. The Sportking India's current Common Stock Shares Outstanding is estimated to increase to about 133.7 M, while Total Assets are projected to decrease to under 12 B.
Sportking India Limited has current Relative Strength Index of 20.08.
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Sportking India Trading Date Momentum

On November 22 2024 Sportking India Limited was traded for  94.00  at the closing time. The highest price during the trading period was 94.80  and the lowest recorded bid was listed for  90.60 . The volume for the day was 398.1 K. This history from November 22, 2024 did not result in any price rise and fall. The trading price change to the current price is 3.09% .
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Other Forecasting Options for Sportking India

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

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

Sportking India 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 Sportking India'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 Sportking India's current price.

Sportking India Market Strength Events

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

Sportking India Risk Indicators

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Sportking Stock

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