Guoguang Electric Stock Forecast - Rate Of Daily Change

688776 Stock   60.52  0.90  1.51%   
Guoguang Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Guoguang Electric stock prices and determine the direction of Guoguang Electric Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Guoguang Electric's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Guoguang Electric's Short and Long Term Debt Total is projected to decrease significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 61.5 M, whereas Total Assets are forecasted to decline to about 1.6 B.
On December 10, 2024 Guoguang Electric Co had Rate Of Daily Change of 0.98. Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Guoguang Electric.
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Guoguang Electric Trading Date Momentum

On December 11 2024 Guoguang Electric Co was traded for  60.52  at the closing time. The highest price during the trading period was 61.02  and the lowest recorded bid was listed for  58.87 . The volume for the day was 1.1 M. This history from December 11, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.51% . The overall trading delta to the current price is 0.00% .
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for Guoguang Electric

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

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

Guoguang Electric 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 Guoguang Electric'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 Guoguang Electric's current price.

Guoguang Electric Market Strength Events

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

Guoguang Electric Risk Indicators

The analysis of Guoguang Electric'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 Guoguang Electric's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting guoguang 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 Guoguang Stock

Guoguang Electric financial ratios help investors to determine whether Guoguang 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 Guoguang with respect to the benefits of owning Guoguang Electric security.