Anji Foodstuff Stock Forecast - Daily Balance Of Power

603696 Stock   8.68  0.24  2.84%   
Anji Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Anji Foodstuff stock prices and determine the direction of Anji Foodstuff Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Anji Foodstuff's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Anji Foodstuff's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 588.9 M, whereas Other Current Liabilities is forecasted to decline to about 1.6 M.
On February 23, 2023 Anji Foodstuff Co had Daily Balance Of Power of (0.73). Balance of Power indicator (or BOP) measures the strength of Anji Foodstuff Co market sensitivity to bulls and bears. It estimates the ability of Anji Foodstuff buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Anji Foodstuff Balance of Power indicator one can determine a trend of the price direction.
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Anji Foodstuff Trading Date Momentum

On February 24 2023 Anji Foodstuff Co was traded for  9.75  at the closing time. The highest price during the trading period was 9.99  and the lowest recorded bid was listed for  9.71 . The volume for the day was 4.3 M. This history from February 24, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.61% . The overall trading delta to the current price is 2.32% .
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.
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Other Forecasting Options for Anji Foodstuff

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

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

Anji Foodstuff 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 Anji Foodstuff'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 Anji Foodstuff's current price.

Anji Foodstuff Market Strength Events

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

Anji Foodstuff Risk Indicators

The analysis of Anji Foodstuff'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 Anji Foodstuff's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting anji 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 Anji Stock

Anji Foodstuff financial ratios help investors to determine whether Anji 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 Anji with respect to the benefits of owning Anji Foodstuff security.