Tongling Nonferrous Stock Forecast - Period Momentum Indicator
000630 Stock | 3.50 0.01 0.29% |
Tongling Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Tongling Nonferrous stock prices and determine the direction of Tongling Nonferrous Metals's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Tongling Nonferrous' historical fundamentals, such as revenue growth or operating cash flow patterns.
Tongling |
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Tongling Nonferrous Trading Date Momentum
On December 10 2024 Tongling Nonferrous Metals was traded for 3.50 at the closing time. The highest price during the trading period was 3.61 and the lowest recorded bid was listed for 3.49 . The volume for the day was 228.1 M. This history from December 10, 2024 did not result in any price rise and fall. The trading price change to the current price is 2.29% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Tongling Nonferrous
For every potential investor in Tongling, whether a beginner or expert, Tongling Nonferrous' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Tongling Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Tongling. Basic forecasting techniques help filter out the noise by identifying Tongling Nonferrous' price trends.Tongling Nonferrous 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 Tongling Nonferrous stock to make a market-neutral strategy. Peer analysis of Tongling Nonferrous could also be used in its relative valuation, which is a method of valuing Tongling Nonferrous by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Tongling Nonferrous 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 Tongling Nonferrous' 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 Tongling Nonferrous' current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Tongling Nonferrous Market Strength Events
Market strength indicators help investors to evaluate how Tongling Nonferrous stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tongling Nonferrous shares will generate the highest return on investment. By undertsting and applying Tongling Nonferrous stock market strength indicators, traders can identify Tongling Nonferrous Metals entry and exit signals to maximize returns.
Tongling Nonferrous Risk Indicators
The analysis of Tongling Nonferrous' 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 Tongling Nonferrous' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tongling 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 | 1.73 | |||
Semi Deviation | 2.32 | |||
Standard Deviation | 2.57 | |||
Variance | 6.63 | |||
Downside Variance | 7.53 | |||
Semi Variance | 5.38 | |||
Expected Short fall | (2.11) |
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.
Also Currently Popular
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 Tongling Stock
Tongling Nonferrous financial ratios help investors to determine whether Tongling 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 Tongling with respect to the benefits of owning Tongling Nonferrous security.