Kelani Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Kelani Cables stock prices and determine the direction of Kelani Cables PLC's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Kelani Cables' historical fundamentals, such as revenue growth or operating cash flow patterns.
Kelani
On August 27, 2024 Kelani Cables PLC had Accumulation Distribution of 130.23. The accumulation distribution (A/D) indicator shows the degree to which Kelani Cables is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Kelani Cables PLC to determine if accumulation or reduction is taking place in the market. This value is adjusted by Kelani Cables trading volume to give more weight to distributions with higher volume over lower volume.
On August 28 2024 Kelani Cables PLC was traded for 275.75 at the closing time. The highest price during the trading period was 281.00 and the lowest recorded bid was listed for 271.00 . The volume for the day was 6.4 K. This history from August 28, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.52% . The trading delta at closing time to the current 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
For every potential investor in Kelani, whether a beginner or expert, Kelani Cables' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Kelani Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Kelani. Basic forecasting techniques help filter out the noise by identifying Kelani Cables' 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 Kelani Cables stock to make a market-neutral strategy. Peer analysis of Kelani Cables could also be used in its relative valuation, which is a method of valuing Kelani Cables by comparing valuation metrics with similar companies.
Kelani Cables PLC 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 Kelani Cables' 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 Kelani Cables' current price.
Market strength indicators help investors to evaluate how Kelani Cables stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kelani Cables shares will generate the highest return on investment. By undertsting and applying Kelani Cables stock market strength indicators, traders can identify Kelani Cables PLC entry and exit signals to maximize returns.
The analysis of Kelani Cables' 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 Kelani Cables' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kelani 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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Kelani Cables financial ratios help investors to determine whether Kelani 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 Kelani with respect to the benefits of owning Kelani Cables security.