Danhua Chemical Stock Forecast - Relative Strength Index

600844 Stock   3.17  0.09  2.76%   
Danhua Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Danhua Chemical stock prices and determine the direction of Danhua Chemical Technology's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Danhua Chemical's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Danhua Chemical's Total Assets are projected to decrease significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 1 B, whereas Other Current Liabilities is forecasted to decline to about 3.5 M.
On December 3, 2024 Danhua Chemical Technology had Relative Strength Index of 62.82.
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Danhua Chemical Trading Date Momentum

On December 04 2024 Danhua Chemical Technology was traded for  3.17  at the closing time. The highest price during the trading period was 3.33  and the lowest recorded bid was listed for  3.15 . The volume for the day was 36.2 M. This history from December 4, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.76% . The overall trading delta to the current price is 0.92% .
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Other Forecasting Options for Danhua Chemical

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

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

Danhua Chemical Tech 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 Danhua 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 Danhua Chemical's current price.

Danhua Chemical Market Strength Events

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

Danhua Chemical Risk Indicators

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

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