Shandong Sino-Agri Stock Forecast - Accumulation Distribution

003042 Stock   17.97  1.63  9.98%   
Shandong Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Shandong Sino-Agri stock prices and determine the direction of Shandong Sino Agri United's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Shandong Sino-Agri's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Shandong Sino-Agri's Other Liabilities is projected to decrease significantly based on the last few years of reporting. The current year's Net Debt is expected to grow to about 225.8 M, whereas Total Assets are forecasted to decline to about 3.2 B.
On October 21, 2024 Shandong Sino Agri United had Accumulation Distribution of 114852.0. The accumulation distribution (A/D) indicator shows the degree to which Shandong Sino-Agri is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Shandong Sino Agri United to determine if accumulation or reduction is taking place in the market. This value is adjusted by Shandong Sino-Agri trading volume to give more weight to distributions with higher volume over lower volume.
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Shandong Sino-Agri Trading Date Momentum

On October 22 2024 Shandong Sino Agri United was traded for  14.25  at the closing time. The highest price during the trading period was 14.54  and the lowest recorded bid was listed for  14.16 . The volume for the day was 3.9 M. This history from October 22, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.35% .
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 Shandong Sino-Agri

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

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

Shandong Sino Agri 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 Shandong Sino-Agri'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 Shandong Sino-Agri's current price.

Shandong Sino-Agri Market Strength Events

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

Shandong Sino-Agri Risk Indicators

The analysis of Shandong Sino-Agri'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 Shandong Sino-Agri's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shandong 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 Shandong Stock

Shandong Sino-Agri financial ratios help investors to determine whether Shandong 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 Shandong with respect to the benefits of owning Shandong Sino-Agri security.