Minmetals Capital Stock Forecast - Price Action Indicator

600390 Stock   7.19  0.14  1.99%   
Minmetals Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Minmetals Capital stock prices and determine the direction of Minmetals Capital Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Minmetals Capital's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Minmetals Capital'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 18.4 B, whereas Accounts Payable is forecasted to decline to about 209.2 M.
On November 28, 2024 Minmetals Capital Co had Price Action Indicator of (0.04). Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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Minmetals Capital Trading Date Momentum

On November 29 2024 Minmetals Capital Co was traded for  7.19  at the closing time. The highest price during the trading period was 7.39  and the lowest recorded bid was listed for  6.98 . The volume for the day was 154.3 M. This history from November 29, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.99% . The trading delta at closing time to the current price is 0.57% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Minmetals Capital

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

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

Minmetals Capital 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 Minmetals Capital'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 Minmetals Capital's current price.

Minmetals Capital Market Strength Events

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

Minmetals Capital Risk Indicators

The analysis of Minmetals Capital'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 Minmetals Capital's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting minmetals 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 Minmetals Stock

Minmetals Capital financial ratios help investors to determine whether Minmetals 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 Minmetals with respect to the benefits of owning Minmetals Capital security.