Shijiazhuang Tonhe Stock Forecast - Daily Balance Of Power

300491 Stock   16.91  0.21  1.26%   
Shijiazhuang Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Shijiazhuang Tonhe stock prices and determine the direction of Shijiazhuang Tonhe Electronics's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Shijiazhuang Tonhe's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Shijiazhuang Tonhe's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 93.3 M, whereas Total Stockholder Equity is forecasted to decline to about 561.3 M.
On October 29, 2024 Shijiazhuang Tonhe Electronics had Daily Balance Of Power of (0.89). Balance of Power indicator (or BOP) measures the strength of Shijiazhuang Tonhe Electronics market sensitivity to bulls and bears. It estimates the ability of Shijiazhuang Tonhe buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Shijiazhuang Tonhe Balance of Power indicator one can determine a trend of the price direction.
Check Shijiazhuang Tonhe VolatilityBacktest Shijiazhuang TonheTrend Details  

Shijiazhuang Tonhe Trading Date Momentum

On October 30 2024 Shijiazhuang Tonhe Electronics was traded for  15.41  at the closing time. The highest price during the trading period was 15.82  and the lowest recorded bid was listed for  15.19 . The volume for the day was 8.9 M. This history from October 30, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.39% . The trading price change to the current price is 8.09% .
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 Shijiazhuang Tonhe to competition

Other Forecasting Options for Shijiazhuang Tonhe

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

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

Shijiazhuang Tonhe 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 Shijiazhuang Tonhe'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 Shijiazhuang Tonhe's current price.

Shijiazhuang Tonhe Market Strength Events

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

Shijiazhuang Tonhe Risk Indicators

The analysis of Shijiazhuang Tonhe'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 Shijiazhuang Tonhe's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shijiazhuang 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 Shijiazhuang Stock

Shijiazhuang Tonhe financial ratios help investors to determine whether Shijiazhuang 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 Shijiazhuang with respect to the benefits of owning Shijiazhuang Tonhe security.