Raytech Holding Stock Forecast - Period Momentum Indicator

RAY Stock   1.28  0.02  1.54%   
Raytech Stock Forecast is based on your current time horizon.
  
At this time, Raytech Holding's Payables Turnover is fairly stable compared to the past year. Fixed Asset Turnover is likely to rise to 689.85 in 2024, whereas Inventory Turnover is likely to drop 16.14 in 2024. . Common Stock Shares Outstanding is likely to drop to about 13.7 M in 2024.
On November 22, 2024 Raytech Holding Limited had Period Momentum Indicator of (0.21). Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
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Raytech Holding Trading Date Momentum

On November 25 2024 Raytech Holding Limited was traded for  1.36  at the closing time. Highest Raytech Holding's price during the trading hours was 1.59  and the lowest price during the day was  1.36 . The net volume was 29 K. The overall trading history on the 25th of November contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 8.72% . The trading delta at closing time to current price is 16.11% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Raytech Holding

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

Raytech Holding 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 Raytech Holding stock to make a market-neutral strategy. Peer analysis of Raytech Holding could also be used in its relative valuation, which is a method of valuing Raytech Holding by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Raytech Holding 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 Raytech Holding'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 Raytech Holding's current price.

Raytech Holding Market Strength Events

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

Raytech Holding Risk Indicators

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Raytech Stock Analysis

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