Zhejiang Yongjin Stock Forecast - Daily Balance Of Power

603995 Stock   18.42  1.03  5.30%   
Zhejiang Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Zhejiang Yongjin stock prices and determine the direction of Zhejiang Yongjin Metal's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Zhejiang Yongjin's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Zhejiang Yongjin's Non Currrent Assets Other are projected to decrease significantly based on the last few years of reporting. The current year's Net Receivables is expected to grow to about 869.2 M, whereas Total Assets are forecasted to decline to about 7.4 B.
On November 23, 2024 Zhejiang Yongjin Metal had Daily Balance Of Power of (0.81). Balance of Power indicator (or BOP) measures the strength of Zhejiang Yongjin Metal market sensitivity to bulls and bears. It estimates the ability of Zhejiang Yongjin buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Zhejiang Yongjin Balance of Power indicator one can determine a trend of the price direction.
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Zhejiang Yongjin Trading Date Momentum

On November 23 2024 Zhejiang Yongjin Metal was traded for  18.42  at the closing time. The highest price during the trading period was 19.44  and the lowest recorded bid was listed for  18.40 . There was no trading activity during the period 0.0. Lack of trading volume on November 23, 2024 had no short-term effect on price fluctuation. The trading date delta to the current price is 4.56% .
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 Zhejiang Yongjin

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

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

Zhejiang Yongjin Metal 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 Zhejiang Yongjin'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 Zhejiang Yongjin's current price.

Zhejiang Yongjin Market Strength Events

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

Zhejiang Yongjin Risk Indicators

The analysis of Zhejiang Yongjin'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 Zhejiang Yongjin's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting zhejiang 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 Zhejiang Stock

Zhejiang Yongjin financial ratios help investors to determine whether Zhejiang 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 Zhejiang with respect to the benefits of owning Zhejiang Yongjin security.