Nine Dragons Stock Forecast - Accumulation Distribution

N3Y Stock  EUR 0.40  0.02  5.26%   
Nine Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Nine Dragons' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On November 21, 2024 Nine Dragons Paper had Accumulation Distribution of 0. The accumulation distribution (A/D) indicator shows the degree to which Nine Dragons is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Nine Dragons Paper to determine if accumulation or reduction is taking place in the market. This value is adjusted by Nine Dragons trading volume to give more weight to distributions with higher volume over lower volume.
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Nine Dragons Trading Date Momentum

On November 22 2024 Nine Dragons Paper was traded for  0.40  at the closing time. The highest daily price throughout the period was 0.40  and the lowest price was  0.36 . The daily volume was 500. The net trading volume on 11/22/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 5.26% . The trading delta at closing time to current closing price is 5.26% .
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 Nine Dragons

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

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

Nine Dragons Market Strength Events

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

Nine Dragons Risk Indicators

The analysis of Nine Dragons' 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 Nine Dragons' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nine 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 Nine Stock

Nine Dragons financial ratios help investors to determine whether Nine 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 Nine with respect to the benefits of owning Nine Dragons security.