CNOOC Stock Forecast - Market Facilitation Index

600938 Stock   26.18  0.16  0.61%   
CNOOC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast CNOOC stock prices and determine the direction of CNOOC Limited's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of CNOOC's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, CNOOC's Cash is projected to increase significantly based on the last few years of reporting. The current year's Long Term Debt is expected to grow to about 95.4 B, whereas Total Assets are forecasted to decline to about 878.5 B.
CNOOC Limited has current Market Facilitation Index of 0.26. Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume.
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CNOOC Trading Date Momentum

On December 01 2024 CNOOC Limited was traded for  26.18  at the closing time. The highest price during the trading period was 26.28  and the lowest recorded bid was listed for  26.02 . There was no trading activity during the period 0.0. Lack of trading volume on December 1, 2024 did not affect price variability. The overall trading delta to the current price is 0.61% .
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
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Other Forecasting Options for CNOOC

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

CNOOC 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 CNOOC stock to make a market-neutral strategy. Peer analysis of CNOOC could also be used in its relative valuation, which is a method of valuing CNOOC by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

CNOOC Limited 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 CNOOC'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 CNOOC's current price.

CNOOC Market Strength Events

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

CNOOC Risk Indicators

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

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Other Information on Investing in CNOOC Stock

CNOOC financial ratios help investors to determine whether CNOOC 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 CNOOC with respect to the benefits of owning CNOOC security.