Sinopec Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Sinopec Oilfield's historical fundamentals, such as revenue growth or operating cash flow patterns.
Sinopec
On October 1, 2024 Sinopec Oilfield Service had Accumulation Distribution of 14.0. The accumulation distribution (A/D) indicator shows the degree to which Sinopec Oilfield is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Sinopec Oilfield Service to determine if accumulation or reduction is taking place in the market. This value is adjusted by Sinopec Oilfield trading volume to give more weight to distributions with higher volume over lower volume.
On October 02 2024 Sinopec Oilfield Service was traded for 0.06 at the closing time. The maximum traded price for the trading interval was 0.06 and the lowest daily price was 0.06 . There was no trading activity during the period 1.0. Lack of trading volume on 2nd of October 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 16.67% . The trading price change to the closing price today is 18.67% .
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 Sinopec, whether a beginner or expert, Sinopec Oilfield's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sinopec Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sinopec. Basic forecasting techniques help filter out the noise by identifying Sinopec Oilfield'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 Sinopec Oilfield stock to make a market-neutral strategy. Peer analysis of Sinopec Oilfield could also be used in its relative valuation, which is a method of valuing Sinopec Oilfield by comparing valuation metrics with similar companies.
Sinopec Oilfield Service 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 Sinopec Oilfield'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 Sinopec Oilfield's current price.
Market strength indicators help investors to evaluate how Sinopec Oilfield stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sinopec Oilfield shares will generate the highest return on investment. By undertsting and applying Sinopec Oilfield stock market strength indicators, traders can identify Sinopec Oilfield Service entry and exit signals to maximize returns.
The analysis of Sinopec Oilfield'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 Sinopec Oilfield's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sinopec 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.
Sinopec Oilfield financial ratios help investors to determine whether Sinopec 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 Sinopec with respect to the benefits of owning Sinopec Oilfield security.