CareRay Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast CareRay Digital stock prices and determine the direction of CareRay Digital Medical's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of CareRay Digital's historical fundamentals, such as revenue growth or operating cash flow patterns.
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At present, CareRay Digital's Short and Long Term Debt Total is projected to decrease significantly based on the last few years of reporting. The current year's Property Plant And Equipment Net is expected to grow to about 120.9 M, whereas Total Assets are forecasted to decline to about 653.2 M.
On November 29, 2024 CareRay Digital Medical had Accumulation Distribution of 97882.38. The accumulation distribution (A/D) indicator shows the degree to which CareRay Digital is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of CareRay Digital Medical to determine if accumulation or reduction is taking place in the market. This value is adjusted by CareRay Digital trading volume to give more weight to distributions with higher volume over lower volume.
On December 02 2024 CareRay Digital Medical was traded for 15.70 at the closing time. The highest price during the trading period was 16.16 and the lowest recorded bid was listed for 15.46 . The volume for the day was 2 M. This history from December 2, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.38% . The overall trading delta to the current price is 0.77% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
For every potential investor in CareRay, whether a beginner or expert, CareRay Digital's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. CareRay Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in CareRay. Basic forecasting techniques help filter out the noise by identifying CareRay Digital's price trends.
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 CareRay Digital stock to make a market-neutral strategy. Peer analysis of CareRay Digital could also be used in its relative valuation, which is a method of valuing CareRay Digital by comparing valuation metrics with similar companies.
CareRay Digital Medical 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 CareRay Digital'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 CareRay Digital's current price.
Market strength indicators help investors to evaluate how CareRay Digital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CareRay Digital shares will generate the highest return on investment. By undertsting and applying CareRay Digital stock market strength indicators, traders can identify CareRay Digital Medical entry and exit signals to maximize returns.
The analysis of CareRay Digital'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 CareRay Digital's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting careray 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.
CareRay Digital financial ratios help investors to determine whether CareRay 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 CareRay with respect to the benefits of owning CareRay Digital security.