Shanghai Rongtai Stock Forecast - Accumulation Distribution

603579 Stock   14.30  0.15  1.04%   
Shanghai Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Shanghai Rongtai stock prices and determine the direction of Shanghai Rongtai Health's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Shanghai Rongtai's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Shanghai Rongtai's Other Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 1.2 B, whereas Total Assets are forecasted to decline to about 1.9 B.
On October 28, 2024 Shanghai Rongtai Health had Accumulation Distribution of 62900.48. The accumulation distribution (A/D) indicator shows the degree to which Shanghai Rongtai is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Shanghai Rongtai Health to determine if accumulation or reduction is taking place in the market. This value is adjusted by Shanghai Rongtai trading volume to give more weight to distributions with higher volume over lower volume.
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Shanghai Rongtai Trading Date Momentum

On October 29 2024 Shanghai Rongtai Health was traded for  13.83  at the closing time. The highest price during the trading period was 14.35  and the lowest recorded bid was listed for  13.75 . The volume for the day was 2.6 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 2.47% . The trading price change to the current price is 5.36% .
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 Shanghai Rongtai

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

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

Shanghai Rongtai Health 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 Shanghai Rongtai'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 Shanghai Rongtai's current price.

Shanghai Rongtai Market Strength Events

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

Shanghai Rongtai Risk Indicators

The analysis of Shanghai Rongtai'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 Shanghai Rongtai's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shanghai 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 Shanghai Stock

Shanghai Rongtai financial ratios help investors to determine whether Shanghai 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 Shanghai with respect to the benefits of owning Shanghai Rongtai security.