9JD Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of JD SPORTS's historical fundamentals, such as revenue growth or operating cash flow patterns.
9JD
On November 20, 2024 JD SPORTS FASH had Rate Of Daily Change of 1.0. Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of JD SPORTS.
On November 21 2024 JD SPORTS FASH was traded for 1.17 at the closing time. The highest daily price throughout the period was 1.27 and the lowest price was 1.17 . The daily volume was 980. The net trading volume on 11/21/2024 added to the next day price reduction. The daily price change to closing price of the next trading day was 15.22% . The trading delta at closing time to current closing price is 18.12% .
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
For every potential investor in 9JD, whether a beginner or expert, JD SPORTS's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 9JD Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 9JD. Basic forecasting techniques help filter out the noise by identifying JD SPORTS's price trends.
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 JD SPORTS stock to make a market-neutral strategy. Peer analysis of JD SPORTS could also be used in its relative valuation, which is a method of valuing JD SPORTS by comparing valuation metrics with similar companies.
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 JD SPORTS'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 JD SPORTS's current price.
Market strength indicators help investors to evaluate how JD SPORTS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JD SPORTS shares will generate the highest return on investment. By undertsting and applying JD SPORTS stock market strength indicators, traders can identify JD SPORTS FASH entry and exit signals to maximize returns.
The analysis of JD SPORTS'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 JD SPORTS's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 9jd 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.
JD SPORTS financial ratios help investors to determine whether 9JD 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 9JD with respect to the benefits of owning JD SPORTS security.