Zhejiang Longsheng Stock Forecast - Daily Balance Of Power

600352 Stock   10.58  0.09  0.86%   
Zhejiang Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Zhejiang Longsheng stock prices and determine the direction of Zhejiang Longsheng Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Zhejiang Longsheng's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Zhejiang Longsheng'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 5.1 B, whereas Accounts Payable is forecasted to decline to about 1.9 B.
On July 8, 2024 Zhejiang Longsheng Group had Daily Balance Of Power of (0.65). Balance of Power indicator (or BOP) measures the strength of Zhejiang Longsheng Group market sensitivity to bulls and bears. It estimates the ability of Zhejiang Longsheng buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Zhejiang Longsheng Balance of Power indicator one can determine a trend of the price direction.
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Zhejiang Longsheng Trading Date Momentum

On July 09 2024 Zhejiang Longsheng Group was traded for  8.72  at the closing time. The highest price during the trading period was 8.73  and the lowest recorded bid was listed for  8.45 . The volume for the day was 14.1 M. This history from July 9, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.47% . The trading date delta to the current price is 3.41% .
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 Zhejiang Longsheng

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

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

Zhejiang Longsheng 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 Zhejiang Longsheng'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 Zhejiang Longsheng's current price.

Zhejiang Longsheng Market Strength Events

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

Zhejiang Longsheng Risk Indicators

The analysis of Zhejiang Longsheng'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 Zhejiang Longsheng's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting zhejiang 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 Zhejiang Stock

Zhejiang Longsheng financial ratios help investors to determine whether Zhejiang 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 Zhejiang with respect to the benefits of owning Zhejiang Longsheng security.