Dongguan Aohai Stock Forecast - Accumulation Distribution

002993 Stock   33.64  1.16  3.33%   
Dongguan Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Dongguan Aohai stock prices and determine the direction of Dongguan Aohai Technology's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Dongguan Aohai's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Dongguan Aohai's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 31 M, whereas Total Current Liabilities is forecasted to decline to about 1.9 B.
On August 28, 2024 Dongguan Aohai Technology had Accumulation Distribution of 43235.97. The accumulation distribution (A/D) indicator shows the degree to which Dongguan Aohai is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Dongguan Aohai Technology to determine if accumulation or reduction is taking place in the market. This value is adjusted by Dongguan Aohai trading volume to give more weight to distributions with higher volume over lower volume.
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Dongguan Aohai Trading Date Momentum

On August 29 2024 Dongguan Aohai Technology was traded for  24.56  at the closing time. The highest price during the trading period was 24.74  and the lowest recorded bid was listed for  23.64 . The volume for the day was 3 M. This history from August 29, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 3.11% . The overall trading delta to the current price is 5.71% .
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
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Other Forecasting Options for Dongguan Aohai

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

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

Dongguan Aohai Technology 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 Dongguan Aohai'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 Dongguan Aohai's current price.

Dongguan Aohai Market Strength Events

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

Dongguan Aohai Risk Indicators

The analysis of Dongguan Aohai'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 Dongguan Aohai's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dongguan 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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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 Dongguan Stock

Dongguan Aohai financial ratios help investors to determine whether Dongguan 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 Dongguan with respect to the benefits of owning Dongguan Aohai security.