Shandong Gold Stock Forecast - Period Momentum Indicator

600547 Stock   24.46  0.34  1.41%   
Shandong Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Shandong Gold stock prices and determine the direction of Shandong Gold Mining's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Shandong Gold's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Shandong Gold'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 51.9 B, whereas Other Current Liabilities is forecasted to decline to about 1.4 B.
On November 29, 2024 Shandong Gold Mining had Period Momentum Indicator of 0.25. Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
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Shandong Gold Trading Date Momentum

On December 01 2024 Shandong Gold Mining was traded for  24.46  at the closing time. The highest price during the trading period was 24.48  and the lowest recorded bid was listed for  24.10 . There was no trading activity during the period 0.0. Lack of trading volume on December 1, 2024 did not result in any price rise and fall. The trading price change to the current price is 1.02% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Shandong Gold

For every potential investor in Shandong, whether a beginner or expert, Shandong Gold'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 Gold's price trends.

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

Shandong Gold Market Strength Events

Market strength indicators help investors to evaluate how Shandong Gold 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 Gold shares will generate the highest return on investment. By undertsting and applying Shandong Gold stock market strength indicators, traders can identify Shandong Gold Mining entry and exit signals to maximize returns.

Shandong Gold Risk Indicators

The analysis of Shandong Gold'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 Gold'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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Other Information on Investing in Shandong Stock

Shandong Gold 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 Gold security.