JIN MEDICAL Stock Forecast - Accumulation Distribution
ZJYL Stock | 0.98 0.10 11.36% |
JIN Stock Forecast is based on your current time horizon. Although JIN MEDICAL's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of JIN MEDICAL's systematic risk associated with finding meaningful patterns of JIN MEDICAL fundamentals over time.
JIN |
Previous Accumulation Distribution | Accumulation Distribution | Trend |
15063.35 | 25709.6 |
Check JIN MEDICAL Volatility | Backtest JIN MEDICAL | Trend Details |
JIN MEDICAL Trading Date Momentum
On October 25 2024 JIN MEDICAL INTERNATIONAL was traded for 2.18 at the closing time. The top price for the day was 2.35 and the lowest listed price was 2.00 . The trading volume for the day was 446.8 K. The trading history from October 25, 2024 was a factor to the next trading day price decrease. The trading date delta against the next closing price was 3.11% . The trading delta at closing time against the current closing price is 4.89% . |
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
Compare JIN MEDICAL to competition |
Other Forecasting Options for JIN MEDICAL
For every potential investor in JIN, whether a beginner or expert, JIN MEDICAL's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. JIN Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in JIN. Basic forecasting techniques help filter out the noise by identifying JIN MEDICAL's price trends.JIN MEDICAL 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 JIN MEDICAL stock to make a market-neutral strategy. Peer analysis of JIN MEDICAL could also be used in its relative valuation, which is a method of valuing JIN MEDICAL by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
JIN MEDICAL INTERNATIONAL 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 JIN MEDICAL'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 JIN MEDICAL's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
JIN MEDICAL Market Strength Events
Market strength indicators help investors to evaluate how JIN MEDICAL stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JIN MEDICAL shares will generate the highest return on investment. By undertsting and applying JIN MEDICAL stock market strength indicators, traders can identify JIN MEDICAL INTERNATIONAL entry and exit signals to maximize returns.
Accumulation Distribution | 0.2 | |||
Daily Balance Of Power | 0.5 | |||
Rate Of Daily Change | 1.11 | |||
Day Median Price | 0.9 | |||
Day Typical Price | 0.93 | |||
Market Facilitation Index | 0.2 | |||
Price Action Indicator | 0.13 | |||
Period Momentum Indicator | 0.1 |
JIN MEDICAL Risk Indicators
The analysis of JIN MEDICAL'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 JIN MEDICAL's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting jin 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 | 5.39 | |||
Standard Deviation | 9.26 | |||
Variance | 85.73 |
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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Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of JIN MEDICAL. If investors know JIN will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about JIN MEDICAL listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.12) | Earnings Share 0.02 | Revenue Per Share 0.129 | Quarterly Revenue Growth 0.03 | Return On Assets 0.0403 |
The market value of JIN MEDICAL INTERNATIONAL is measured differently than its book value, which is the value of JIN that is recorded on the company's balance sheet. Investors also form their own opinion of JIN MEDICAL's value that differs from its market value or its book value, called intrinsic value, which is JIN MEDICAL's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JIN MEDICAL's market value can be influenced by many factors that don't directly affect JIN MEDICAL's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JIN MEDICAL's value and its price as these two are different measures arrived at by different means. Investors typically determine if JIN MEDICAL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JIN MEDICAL's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.