Shenyang Chemical Stock Forecast - Accumulation Distribution

000698 Stock   3.93  0.25  6.79%   
Shenyang Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Shenyang Chemical stock prices and determine the direction of Shenyang Chemical Industry's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Shenyang Chemical's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Shenyang Chemical's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 3 B, whereas Other Current Liabilities is forecasted to decline to about 811.5 M.
On October 14, 2024 Shenyang Chemical Industry had Accumulation Distribution of 161538.0. The accumulation distribution (A/D) indicator shows the degree to which Shenyang Chemical is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Shenyang Chemical Industry to determine if accumulation or reduction is taking place in the market. This value is adjusted by Shenyang Chemical trading volume to give more weight to distributions with higher volume over lower volume.
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Shenyang Chemical Trading Date Momentum

On October 15 2024 Shenyang Chemical Industry was traded for  3.04  at the closing time. The highest price during the trading period was 3.08  and the lowest recorded bid was listed for  3.03 . The volume for the day was 7.6 M. This history from October 15, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.98% . The trading price change to the current price is 1.63% .
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 Shenyang Chemical

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

Shenyang Chemical 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 Shenyang Chemical stock to make a market-neutral strategy. Peer analysis of Shenyang Chemical could also be used in its relative valuation, which is a method of valuing Shenyang Chemical by comparing valuation metrics with similar companies.
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Shenyang Chemical 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 Shenyang Chemical'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 Shenyang Chemical's current price.

Shenyang Chemical Market Strength Events

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

Shenyang Chemical Risk Indicators

The analysis of Shenyang Chemical'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 Shenyang Chemical's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shenyang 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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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 Shenyang Stock

Shenyang Chemical financial ratios help investors to determine whether Shenyang 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 Shenyang with respect to the benefits of owning Shenyang Chemical security.