Kothari Petrochemicals Stock Forecast - Daily Balance Of Power

KOTHARIPET   192.56  4.76  2.53%   
Kothari Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Kothari Petrochemicals' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, Kothari Petrochemicals' Cash is increasing as compared to previous years. The Kothari Petrochemicals' current Non Currrent Assets Other is estimated to increase to about 221.7 M, while Other Current Liabilities is projected to decrease to under 75 M.
On September 17, 2024 Kothari Petrochemicals Limited had Daily Balance Of Power of (0.38). Balance of Power indicator (or BOP) measures the strength of Kothari Petrochemicals Limited market sensitivity to bulls and bears. It estimates the ability of Kothari Petrochemicals buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Kothari Petrochemicals Balance of Power indicator one can determine a trend of the price direction.
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Kothari Petrochemicals Trading Date Momentum

On September 18 2024 Kothari Petrochemicals Limited was traded for  226.51  at the closing time. The highest price during the trading period was 230.00  and the lowest recorded bid was listed for  222.85 . The volume for the day was 180.9 K. This history from September 18, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 1.64% . The trading delta at closing time to the current price is 0.92% .
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 Kothari Petrochemicals

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

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

Kothari Petrochemicals 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 Kothari Petrochemicals' 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 Kothari Petrochemicals' current price.

Kothari Petrochemicals Market Strength Events

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

Kothari Petrochemicals Risk Indicators

The analysis of Kothari Petrochemicals' 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 Kothari Petrochemicals' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kothari 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Kothari Stock

Kothari Petrochemicals financial ratios help investors to determine whether Kothari 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 Kothari with respect to the benefits of owning Kothari Petrochemicals security.