Zhangjiagang Elegant Stock Forecast - Period Momentum Indicator

603221 Stock   11.22  0.17  1.49%   
Zhangjiagang Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Zhangjiagang Elegant stock prices and determine the direction of Zhangjiagang Elegant Home's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Zhangjiagang Elegant's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Zhangjiagang Elegant's Other Current Liabilities is projected to decrease significantly based on the last few years of reporting. The current year's Non Current Liabilities Total is expected to grow to about 116.7 M, whereas Total Assets are forecasted to decline to about 1.6 B.
Zhangjiagang Elegant Home has current Period Momentum Indicator of (0.17). 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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Zhangjiagang Elegant Trading Date Momentum

On December 16 2024 Zhangjiagang Elegant Home was traded for  11.22  at the closing time. The highest price during the trading period was 12.11  and the lowest recorded bid was listed for  11.14 . There was no trading activity during the period 0.0. Lack of trading volume on December 16, 2024 had no short-term effect on price fluctuation. The trading date delta to the current price is 3.48% .
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 Zhangjiagang Elegant

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

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

Zhangjiagang Elegant Home 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 Zhangjiagang Elegant'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 Zhangjiagang Elegant's current price.

Zhangjiagang Elegant Market Strength Events

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

Zhangjiagang Elegant Risk Indicators

The analysis of Zhangjiagang Elegant'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 Zhangjiagang Elegant's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting zhangjiagang 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 Zhangjiagang Stock

Zhangjiagang Elegant financial ratios help investors to determine whether Zhangjiagang 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 Zhangjiagang with respect to the benefits of owning Zhangjiagang Elegant security.