Zhejiang HISUN Stock Forecast - Daily Balance Of Power

688203 Stock   10.83  0.14  1.31%   
Zhejiang Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Zhejiang HISUN stock prices and determine the direction of Zhejiang HISUN Biomaterials's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Zhejiang HISUN's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Zhejiang HISUN's Retained Earnings are projected to increase significantly based on the last few years of reporting. The current year's Long Term Debt is expected to grow to about 101.6 M, whereas Total Assets are forecasted to decline to about 1.7 B.
On February 29, 2024 Zhejiang HISUN Biomaterials had Daily Balance Of Power of 0.7234. Balance of Power indicator (or BOP) measures the strength of Zhejiang HISUN Biomaterials market sensitivity to bulls and bears. It estimates the ability of Zhejiang HISUN buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Zhejiang HISUN Balance of Power indicator one can determine a trend of the price direction.
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Zhejiang HISUN Trading Date Momentum

On March 01 2024 Zhejiang HISUN Biomaterials was traded for  9.28  at the closing time. The highest price during the trading period was 9.44  and the lowest recorded bid was listed for  9.13 . The volume for the day was 1.9 M. This history from March 1, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.43% . The trading date delta to the current price is 0.54% .
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 HISUN

For every potential investor in Zhejiang, whether a beginner or expert, Zhejiang HISUN'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 HISUN's price trends.

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

Zhejiang HISUN Bioma 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 HISUN'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 HISUN's current price.

Zhejiang HISUN Market Strength Events

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

Zhejiang HISUN Risk Indicators

The analysis of Zhejiang HISUN'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 HISUN'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 HISUN 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 HISUN security.