Hengli Petrochemical Stock Forecast - Daily Balance Of Power

600346 Stock   15.26  0.14  0.91%   
Hengli Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Hengli Petrochemical stock prices and determine the direction of Hengli Petrochemical Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Hengli Petrochemical's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Hengli Petrochemical's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 130.1 B, whereas Other Current Liabilities is forecasted to decline to about 2.8 B.
On October 24, 2024 Hengli Petrochemical Co had Daily Balance Of Power of (0.43). Balance of Power indicator (or BOP) measures the strength of Hengli Petrochemical Co market sensitivity to bulls and bears. It estimates the ability of Hengli Petrochemical buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Hengli Petrochemical Balance of Power indicator one can determine a trend of the price direction.
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Hengli Petrochemical Trading Date Momentum

On October 25 2024 Hengli Petrochemical Co was traded for  14.32  at the closing time. The highest price during the trading period was 14.43  and the lowest recorded bid was listed for  13.96 . The volume for the day was 25.6 M. This history from October 25, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.62% . The trading delta at closing time to the current price is 0.76% .
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 Hengli Petrochemical

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

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

Hengli Petrochemical 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 Hengli Petrochemical'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 Hengli Petrochemical's current price.

Hengli Petrochemical Market Strength Events

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

Hengli Petrochemical Risk Indicators

The analysis of Hengli Petrochemical'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 Hengli Petrochemical's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hengli 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 Hengli Stock

Hengli Petrochemical financial ratios help investors to determine whether Hengli 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 Hengli with respect to the benefits of owning Hengli Petrochemical security.