Yangmei Chemical Stock Forecast - Relative Strength Index

600691 Stock   2.38  0.01  0.42%   
Yangmei Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Yangmei Chemical stock prices and determine the direction of Yangmei Chemical Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Yangmei Chemical's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Yangmei Chemical's Accounts Payable is projected to increase significantly based on the last few years of reporting. The current year's Cash is expected to grow to about 7.6 B, whereas Total Assets are forecasted to decline to about 17.7 B.
On November 25, 2024 Yangmei Chemical Co had Relative Strength Index of 71.46.
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Yangmei Chemical Trading Date Momentum

On November 26 2024 Yangmei Chemical Co was traded for  2.32  at the closing time. The highest price during the trading period was 2.38  and the lowest recorded bid was listed for  2.31 . The volume for the day was 21.1 M. This history from November 26, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.69% . The trading price change to the current price is 0.42% .
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Other Forecasting Options for Yangmei Chemical

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

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

Yangmei 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 Yangmei 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 Yangmei Chemical's current price.

Yangmei Chemical Market Strength Events

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

Yangmei Chemical Risk Indicators

The analysis of Yangmei 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 Yangmei Chemical's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting yangmei 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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Other Information on Investing in Yangmei Stock

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