Zhejiang Weixing Stock Forecast - Rate Of Daily Change

002372 Stock   13.00  0.19  1.48%   
Zhejiang Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Zhejiang Weixing stock prices and determine the direction of Zhejiang Weixing New's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Zhejiang Weixing's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Zhejiang Weixing's Retained Earnings are projected to increase significantly based on the last few years of reporting. The current year's Accounts Payable is expected to grow to about 521.6 M, whereas Total Assets are forecasted to decline to about 3.8 B.
On November 27, 2024 Zhejiang Weixing New had Rate Of Daily Change of 1.06. Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Zhejiang Weixing.
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Zhejiang Weixing Trading Date Momentum

On November 28 2024 Zhejiang Weixing New was traded for  12.81  at the closing time. The highest price during the trading period was 13.04  and the lowest recorded bid was listed for  12.65 . The volume for the day was 10.6 M. This history from November 28, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.39% . The trading date delta to the current price is 1.77% .
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for Zhejiang Weixing

For every potential investor in Zhejiang, whether a beginner or expert, Zhejiang Weixing'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 Weixing's price trends.

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

Zhejiang Weixing New 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 Weixing'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 Weixing's current price.

Zhejiang Weixing Market Strength Events

Market strength indicators help investors to evaluate how Zhejiang Weixing 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 Weixing shares will generate the highest return on investment. By undertsting and applying Zhejiang Weixing stock market strength indicators, traders can identify Zhejiang Weixing New entry and exit signals to maximize returns.

Zhejiang Weixing Risk Indicators

The analysis of Zhejiang Weixing'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 Weixing'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.

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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 Zhejiang Stock

Zhejiang Weixing 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 Weixing security.