Hon Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Hon Hai's historical fundamentals, such as revenue growth or operating cash flow patterns.
Hon
Hon Hai Precision has current Period Momentum Indicator of (0.60). Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
On November 29 2024 Hon Hai Precision was traded for 10.90 at the closing time. The maximum traded price for the trading interval was 10.90 and the lowest daily price was 10.90 . The daily volume was recorded at 400. The volume of trading on 29th of November 2024 did not cause price change. The trading delta at closing time to the closing price today is 0.00% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
For every potential investor in Hon, whether a beginner or expert, Hon Hai's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Hon Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Hon. Basic forecasting techniques help filter out the noise by identifying Hon Hai's price trends.
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 Hon Hai stock to make a market-neutral strategy. Peer analysis of Hon Hai could also be used in its relative valuation, which is a method of valuing Hon Hai by comparing valuation metrics with similar companies.
Hon Hai Precision 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 Hon Hai'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 Hon Hai's current price.
Market strength indicators help investors to evaluate how Hon Hai stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hon Hai shares will generate the highest return on investment. By undertsting and applying Hon Hai stock market strength indicators, traders can identify Hon Hai Precision entry and exit signals to maximize returns.
The analysis of Hon Hai'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 Hon Hai's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hon 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.
Hon Hai financial ratios help investors to determine whether Hon 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 Hon with respect to the benefits of owning Hon Hai security.