Anhui Tongguan Stock Forecast - Daily Balance Of Power

301217 Stock   11.04  0.25  2.32%   
Anhui Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Anhui Tongguan stock prices and determine the direction of Anhui Tongguan Copper's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Anhui Tongguan's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Anhui Tongguan's Other Current Assets are projected to decrease significantly based on the last few years of reporting. The current year's Short and Long Term Debt is expected to grow to about 418.6 M, whereas Total Assets are forecasted to decline to about 4.9 B.
On January 23, 2024 Anhui Tongguan Copper had Daily Balance Of Power of 0.1522. Balance of Power indicator (or BOP) measures the strength of Anhui Tongguan Copper market sensitivity to bulls and bears. It estimates the ability of Anhui Tongguan buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Anhui Tongguan Balance of Power indicator one can determine a trend of the price direction.
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Anhui Tongguan Trading Date Momentum

On January 24 2024 Anhui Tongguan Copper was traded for  9.97  at the closing time. The highest price during the trading period was 10.02  and the lowest recorded bid was listed for  9.54 . The volume for the day was 3.4 M. This history from January 24, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.22% . The overall trading delta to the current price is 4.97% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Anhui Tongguan

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

Anhui Tongguan 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 Anhui Tongguan stock to make a market-neutral strategy. Peer analysis of Anhui Tongguan could also be used in its relative valuation, which is a method of valuing Anhui Tongguan by comparing valuation metrics with similar companies.
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Anhui Tongguan Copper 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 Anhui Tongguan'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 Anhui Tongguan's current price.

Anhui Tongguan Market Strength Events

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

Anhui Tongguan Risk Indicators

The analysis of Anhui Tongguan'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 Anhui Tongguan's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting anhui 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 Anhui Stock

Anhui Tongguan financial ratios help investors to determine whether Anhui 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 Anhui with respect to the benefits of owning Anhui Tongguan security.