Zhejiang JIULI Stock Forecast - Daily Balance Of Power

002318 Stock   23.40  0.60  2.50%   
Zhejiang Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Zhejiang JIULI stock prices and determine the direction of Zhejiang JIULI Hi tech's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Zhejiang JIULI's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Zhejiang JIULI's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 1.7 B, whereas Property Plant And Equipment Net is forecasted to decline to about 1.6 B.
On July 15, 2024 Zhejiang JIULI Hi tech had Daily Balance Of Power of 0.4737. Balance of Power indicator (or BOP) measures the strength of Zhejiang JIULI Hi tech market sensitivity to bulls and bears. It estimates the ability of Zhejiang JIULI buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Zhejiang JIULI Balance of Power indicator one can determine a trend of the price direction.
Check Zhejiang JIULI VolatilityBacktest Zhejiang JIULITrend Details  

Zhejiang JIULI Trading Date Momentum

On July 16 2024 Zhejiang JIULI Hi tech was traded for  22.33  at the closing time. The highest price during the trading period was 22.87  and the lowest recorded bid was listed for  22.27 . The volume for the day was 5.1 M. This history from July 16, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.36% . The trading date delta to the current price is 2.10% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare Zhejiang JIULI to competition

Other Forecasting Options for Zhejiang JIULI

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

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

Zhejiang JIULI Hi 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 Zhejiang JIULI'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 Zhejiang JIULI's current price.

Zhejiang JIULI Market Strength Events

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

Zhejiang JIULI Risk Indicators

The analysis of Zhejiang JIULI'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 Zhejiang JIULI's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting zhejiang 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 Zhejiang Stock

Zhejiang JIULI financial ratios help investors to determine whether Zhejiang 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 Zhejiang with respect to the benefits of owning Zhejiang JIULI security.