Cheche Group Class Stock Momentum Indicators Average Directional Movement Index Rating

CCG Stock   0.89  0.03  3.26%   
Cheche Group momentum indicators tool provides the execution environment for running the Average Directional Movement Index Rating indicator and other technical functions against Cheche Group. Cheche Group value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index Rating indicator function is designed to identify and follow existing trends. Momentum indicators of Cheche Group are pattern recognition functions that provide distinct formation on Cheche Group potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was fourty with a total number of output elements of twenty-one. The Average Directional Movement Index Rating (ADXR) is equal to the current ADX plus the ADX from (N) bars ago divided by 2. It is the average of the two ADX values. The ADXR of Cheche Group Class is less responsive then the ADX, and filters out excessive tops and bottoms. To interpret Cheche Group ADXR value, consider a high number to be a strong trend, and a low number, a weak trend.

Cheche Group Technical Analysis Modules

Most technical analysis of Cheche Group help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Cheche from various momentum indicators to cycle indicators. When you analyze Cheche charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Cheche Group Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cheche Group Class. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cheche Group Class based on widely used predictive technical indicators. In general, we focus on analyzing Cheche Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cheche Group's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Cheche Group's intrinsic value. In addition to deriving basic predictive indicators for Cheche Group, we also check how macroeconomic factors affect Cheche Group price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2010 2022 2023 2024 (projected)
Payables Turnover9.1811.179.988.09
Days Of Inventory On Hand2.991.962.262.73
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cheche Group's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.050.917.48
Details
Intrinsic
Valuation
LowRealHigh
0.061.257.82
Details
Naive
Forecast
LowNextHigh
0.020.807.37
Details
1 Analysts
Consensus
LowTargetHigh
2.282.502.78
Details

Align your values with your investing style

In addition to having Cheche Group in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Index Idea
Macroaxis Index
Invested over 90 shares
Investor Favorites Idea
Investor Favorites
Invested over 40 shares
Banking Idea
Banking
Invested over 40 shares
Chemicals Idea
Chemicals
Invested over 30 shares
Impulse Idea
Impulse
Invested over 100 shares
Automobiles and Trucks Idea
Automobiles and Trucks
Invested over 50 shares
Business Services Idea
Business Services
Invested few shares
Adviser Favorites Idea
Adviser Favorites
Invested few shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares
Hedge Favorites Idea
Hedge Favorites
Invested few shares
Baby Boomer Prospects Idea
Baby Boomer Prospects
Invested over 40 shares
When determining whether Cheche Group Class is a strong investment it is important to analyze Cheche Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cheche Group's future performance. For an informed investment choice regarding Cheche Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cheche Group Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Insurance Brokers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cheche Group. If investors know Cheche will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cheche Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.43)
Revenue Per Share
49.558
Quarterly Revenue Growth
0.025
Return On Assets
(0.11)
Return On Equity
(0.46)
The market value of Cheche Group Class is measured differently than its book value, which is the value of Cheche that is recorded on the company's balance sheet. Investors also form their own opinion of Cheche Group's value that differs from its market value or its book value, called intrinsic value, which is Cheche Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cheche Group's market value can be influenced by many factors that don't directly affect Cheche Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cheche Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cheche Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cheche Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.