BEST Stock Forecast - Accumulation Distribution

BEST Stock  USD 2.67  0.01  0.38%   
BEST Stock Forecast is based on your current time horizon.
  
Inventory Turnover is likely to gain to 1,087 in 2024. Payables Turnover is likely to gain to 6.87 in 2024. Common Stock Shares Outstanding is likely to drop to about 14.7 M in 2024. Net Loss is likely to drop to about (1.8 B) in 2024.
On October 21, 2024 BEST Inc had Accumulation Distribution of 1087.63. The accumulation distribution (A/D) indicator shows the degree to which BEST is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of BEST Inc to determine if accumulation or reduction is taking place in the market. This value is adjusted by BEST trading volume to give more weight to distributions with higher volume over lower volume.
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BEST Trading Date Momentum

On October 22 2024 BEST Inc was traded for  2.70  at the closing time. The top price for the day was 2.73  and the lowest listed price was  2.67 . The trading volume for the day was 18.8 K. The trading history from October 22, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.00% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for BEST

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

BEST 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 BEST stock to make a market-neutral strategy. Peer analysis of BEST could also be used in its relative valuation, which is a method of valuing BEST by comparing valuation metrics with similar companies.
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BEST Inc 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 BEST'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 BEST's current price.

BEST Market Strength Events

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

BEST Risk Indicators

The analysis of BEST'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 BEST's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting best 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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for BEST Stock Analysis

When running BEST's price analysis, check to measure BEST's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BEST is operating at the current time. Most of BEST's value examination focuses on studying past and present price action to predict the probability of BEST's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BEST's price. Additionally, you may evaluate how the addition of BEST to your portfolios can decrease your overall portfolio volatility.