Cheng Mei Stock Forecast - Period Momentum Indicator
| 4960 Stock | 12.80 0.10 0.79% |
Cheng Stock Forecast is based on your current time horizon.
Cheng |
| Check Cheng Mei Volatility | Backtest Cheng Mei | Information Ratio |
Cheng Mei Trading Date Momentum
| On December 02 2024 Cheng Mei Materials was traded for 12.80 at the closing time. The highest price during the trading period was 12.85 and the lowest recorded bid was listed for 12.55 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 did not affect price variability. The overall trading delta to the current price is 1.56% . |
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 Cheng Mei
For every potential investor in Cheng, whether a beginner or expert, Cheng Mei's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Cheng Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Cheng. Basic forecasting techniques help filter out the noise by identifying Cheng Mei's price trends.Cheng Mei 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 Cheng Mei stock to make a market-neutral strategy. Peer analysis of Cheng Mei could also be used in its relative valuation, which is a method of valuing Cheng Mei by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Cheng Mei Materials 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 Cheng Mei'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 Cheng Mei's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Cheng Mei Market Strength Events
Market strength indicators help investors to evaluate how Cheng Mei stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cheng Mei shares will generate the highest return on investment. By undertsting and applying Cheng Mei stock market strength indicators, traders can identify Cheng Mei Materials entry and exit signals to maximize returns.
Cheng Mei Risk Indicators
The analysis of Cheng Mei'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 Cheng Mei's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cheng 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 | 1.03 | |||
| Standard Deviation | 1.39 | |||
| Variance | 1.94 |
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.Additional Tools for Cheng Stock Analysis
When running Cheng Mei's price analysis, check to measure Cheng Mei'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 Cheng Mei is operating at the current time. Most of Cheng Mei's value examination focuses on studying past and present price action to predict the probability of Cheng Mei's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheng Mei's price. Additionally, you may evaluate how the addition of Cheng Mei to your portfolios can decrease your overall portfolio volatility.