Ningbo Boway Stock Forecast - Accumulation Distribution

601137 Stock   20.01  1.14  6.04%   
Ningbo Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Ningbo Boway stock prices and determine the direction of Ningbo Boway Alloy's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Ningbo Boway's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Ningbo Boway's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 6.6 B, whereas Other Current Liabilities is forecasted to decline to about 3.7 M.
On October 28, 2024 Ningbo Boway Alloy had Accumulation Distribution of 2 M. The accumulation distribution (A/D) indicator shows the degree to which Ningbo Boway is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Ningbo Boway Alloy to determine if accumulation or reduction is taking place in the market. This value is adjusted by Ningbo Boway trading volume to give more weight to distributions with higher volume over lower volume.
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Ningbo Boway Trading Date Momentum

On October 29 2024 Ningbo Boway Alloy was traded for  18.68  at the closing time. The highest price during the trading period was 19.78  and the lowest recorded bid was listed for  18.62 . The volume for the day was 42.9 M. This history from October 29, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.31% . The trading delta at closing time to the current price is 0.36% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for Ningbo Boway

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

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

Ningbo Boway Alloy 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 Ningbo Boway'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 Ningbo Boway's current price.

Ningbo Boway Market Strength Events

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

Ningbo Boway Risk Indicators

The analysis of Ningbo Boway'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 Ningbo Boway's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ningbo 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 Ningbo Stock

Ningbo Boway financial ratios help investors to determine whether Ningbo 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 Ningbo with respect to the benefits of owning Ningbo Boway security.