New Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of New HopeLimited's historical fundamentals, such as revenue growth or operating cash flow patterns.
New
On December 4, 2024 New Hope 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 New HopeLimited.
On December 04 2024 New Hope was traded for 2.89 at the closing time. The highest daily price throughout the period was 2.89 and the lowest price was 2.89 . There was no trading activity during the period 0.0. Lack of trading volume on 12/04/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% .
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 New, whether a beginner or expert, New HopeLimited's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. New Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in New. Basic forecasting techniques help filter out the noise by identifying New HopeLimited'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 New HopeLimited stock to make a market-neutral strategy. Peer analysis of New HopeLimited could also be used in its relative valuation, which is a method of valuing New HopeLimited by comparing valuation metrics with similar companies.
New HopeLimited 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 New HopeLimited'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 New HopeLimited's current price.
Market strength indicators help investors to evaluate how New HopeLimited stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading New HopeLimited shares will generate the highest return on investment. By undertsting and applying New HopeLimited stock market strength indicators, traders can identify New Hope entry and exit signals to maximize returns.
The analysis of New HopeLimited'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 New HopeLimited's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting new 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.
New HopeLimited financial ratios help investors to determine whether New 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 New with respect to the benefits of owning New HopeLimited security.