PetroChina Company Stock Forecast - Accumulation Distribution
| PC6 Stock | EUR 0.76 0.03 4.11% |
PetroChina Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of PetroChina Company's historical fundamentals, such as revenue growth or operating cash flow patterns.
PetroChina |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 459.46 | 47.3 |
| Check PetroChina Company Volatility | Backtest PetroChina Company | Trend Details |
PetroChina Company Trading Date Momentum
| On October 01 2024 PetroChina Company Limited was traded for 0.74 at the closing time. The highest daily price throughout the period was 0.74 and the lowest price was 0.72 . The daily volume was 43.5 K. The net trading volume on 10/01/2024 did not cause price change. The trading delta at closing time to current closing price is 6.76% . |
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
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PetroChina Company 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 PetroChina Company stock to make a market-neutral strategy. Peer analysis of PetroChina Company could also be used in its relative valuation, which is a method of valuing PetroChina Company by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
PetroChina Company Market Strength Events
Market strength indicators help investors to evaluate how PetroChina Company stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PetroChina Company shares will generate the highest return on investment. By undertsting and applying PetroChina Company stock market strength indicators, traders can identify PetroChina Company Limited entry and exit signals to maximize returns.
| Accumulation Distribution | 1665.2 | |||
| Daily Balance Of Power | 1.0 | |||
| Rate Of Daily Change | 1.04 | |||
| Day Median Price | 0.75 | |||
| Day Typical Price | 0.75 | |||
| Price Action Indicator | 0.03 | |||
| Period Momentum Indicator | 0.03 |
PetroChina Company Risk Indicators
The analysis of PetroChina Company'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 PetroChina Company's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting petrochina 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.
| Mean Deviation | 1.81 | |||
| Semi Deviation | 2.12 | |||
| Standard Deviation | 2.58 | |||
| Variance | 6.66 | |||
| Downside Variance | 8.7 | |||
| Semi Variance | 4.5 | |||
| Expected Short fall | (2.89) |
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 PetroChina Stock
PetroChina Company financial ratios help investors to determine whether PetroChina 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 PetroChina with respect to the benefits of owning PetroChina Company security.