Hannan Metals Stock Forecast - Price Action Indicator

HAN Stock  CAD 0.61  0.03  5.17%   
Hannan Stock Forecast is based on your current time horizon.
  
Inventory Turnover is likely to drop to 2,554 in 2024. Payables Turnover is likely to drop to 0.03 in 2024. Common Stock Shares Outstanding is likely to climb to about 115 M in 2024, whereas Net Loss is likely to drop (2.1 M) in 2024.
Hannan Metals has current Price Action Indicator of 0.03. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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Hannan Metals Trading Date Momentum

On December 01 2024 Hannan Metals was traded for  0.61  at the closing time. The highest daily price throughout the period was 0.61  and the lowest price was  0.58 . There was no trading activity during the period 0.0. Lack of trading volume on 12/01/2024 did not cause price change. The trading delta at closing time to current closing price is 3.28% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Hannan Metals

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

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

Hannan Metals Market Strength Events

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

Hannan Metals Risk Indicators

The analysis of Hannan Metals' 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 Hannan Metals' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hannan 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 Hannan Stock Analysis

When running Hannan Metals' price analysis, check to measure Hannan Metals' 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 Hannan Metals is operating at the current time. Most of Hannan Metals' value examination focuses on studying past and present price action to predict the probability of Hannan Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hannan Metals' price. Additionally, you may evaluate how the addition of Hannan Metals to your portfolios can decrease your overall portfolio volatility.