Shenzhen RoadRover Stock Forecast - Rate Of Daily Change
002813 Stock | 23.12 0.12 0.52% |
Shenzhen Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Shenzhen RoadRover stock prices and determine the direction of Shenzhen RoadRover Technology's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Shenzhen RoadRover's historical fundamentals, such as revenue growth or operating cash flow patterns.
Shenzhen |
Check Shenzhen RoadRover Volatility | Backtest Shenzhen RoadRover | Trend Details |
Shenzhen RoadRover Trading Date Momentum
On December 09 2024 Shenzhen RoadRover Technology was traded for 27.74 at the closing time. The highest price during the trading period was 28.37 and the lowest recorded bid was listed for 26.36 . The volume for the day was 6.9 M. This history from December 9, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 3.28% . The trading price change to the current price is 2.31% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
Compare Shenzhen RoadRover to competition |
Other Forecasting Options for Shenzhen RoadRover
For every potential investor in Shenzhen, whether a beginner or expert, Shenzhen RoadRover's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Shenzhen Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Shenzhen. Basic forecasting techniques help filter out the noise by identifying Shenzhen RoadRover's price trends.Shenzhen RoadRover 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 Shenzhen RoadRover stock to make a market-neutral strategy. Peer analysis of Shenzhen RoadRover could also be used in its relative valuation, which is a method of valuing Shenzhen RoadRover by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Shenzhen RoadRover 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 Shenzhen RoadRover'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 Shenzhen RoadRover's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Shenzhen RoadRover Market Strength Events
Market strength indicators help investors to evaluate how Shenzhen RoadRover stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shenzhen RoadRover shares will generate the highest return on investment. By undertsting and applying Shenzhen RoadRover stock market strength indicators, traders can identify Shenzhen RoadRover Technology entry and exit signals to maximize returns.
Shenzhen RoadRover Risk Indicators
The analysis of Shenzhen RoadRover'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 Shenzhen RoadRover's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shenzhen 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.
Mean Deviation | 2.39 | |||
Semi Deviation | 3.38 | |||
Standard Deviation | 3.22 | |||
Variance | 10.38 | |||
Downside Variance | 13.28 | |||
Semi Variance | 11.41 | |||
Expected Short fall | (2.34) |
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.Other Information on Investing in Shenzhen Stock
Shenzhen RoadRover financial ratios help investors to determine whether Shenzhen 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 Shenzhen with respect to the benefits of owning Shenzhen RoadRover security.