Oneconnect Financial Stock Forecast - Daily Balance Of Power

OCFT Stock  USD 2.87  0.48  20.08%   
Oneconnect Stock Forecast is based on your current time horizon.
  
At this time, Oneconnect Financial's Payables Turnover is comparatively stable compared to the past year. Receivables Turnover is likely to gain to 4.99 in 2024, despite the fact that Inventory Turnover is likely to grow to (4.48). . Common Stock Shares Outstanding is likely to gain to about 1.1 B in 2024, whereas Net Loss is likely to drop (824.3 M) in 2024.
On August 9, 2024 Oneconnect Financial Technology had Daily Balance Of Power of (0.57). Balance of Power indicator (or BOP) measures the strength of Oneconnect Financial Technology market sensitivity to bulls and bears. It estimates the ability of Oneconnect Financial buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Oneconnect Financial Balance of Power indicator one can determine a trend of the price direction.
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Oneconnect Financial Trading Date Momentum

On August 12 2024 Oneconnect Financial Technology was traded for  1.45  at the closing time. The top price for the day was 1.53  and the lowest listed price was  1.44 . The trading volume for the day was 3.2 K. The trading history from August 12, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.68% . The trading delta at closing time against the current closing price is 1.37% .
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 Oneconnect Financial

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

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

Oneconnect Financial Market Strength Events

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

Oneconnect Financial Risk Indicators

The analysis of Oneconnect Financial'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 Oneconnect Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting oneconnect 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.

Thematic Opportunities

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Additional Tools for Oneconnect Stock Analysis

When running Oneconnect Financial's price analysis, check to measure Oneconnect Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oneconnect Financial is operating at the current time. Most of Oneconnect Financial's value examination focuses on studying past and present price action to predict the probability of Oneconnect Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oneconnect Financial's price. Additionally, you may evaluate how the addition of Oneconnect Financial to your portfolios can decrease your overall portfolio volatility.