WeRide American Stock Forecast - Price Action Indicator

WRD Stock   17.16  0.34  1.94%   
WeRide Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast WeRide American stock prices and determine the direction of WeRide American Depositary's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of WeRide American's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, WeRide American's Fixed Asset Turnover is projected to increase slightly based on the last few years of reporting. The current year's Asset Turnover is expected to grow to 0.11, whereas Inventory Turnover is forecasted to decline to 0.95. .
WeRide American Depositary has current Price Action Indicator of (0.39). Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
Check WeRide American VolatilityBacktest WeRide AmericanInformation Ratio  

WeRide American Trading Date Momentum

On November 29 2024 WeRide American Depositary was traded for  17.16  at the closing time. Highest WeRide American's price during the trading hours was 18.25  and the lowest price during the day was  16.52 . There was no trading activity during the period 0.0. Lack of trading volume on the 29th of November had no short-term effect on price fluctuation. The trading price change to current price is 3.79% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
Compare WeRide American to competition

Other Forecasting Options for WeRide American

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

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

WeRide American Depo 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 WeRide American'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 WeRide American's current price.

WeRide American Market Strength Events

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

WeRide American Risk Indicators

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

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.
When determining whether WeRide American Depo is a strong investment it is important to analyze WeRide American's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact WeRide American's future performance. For an informed investment choice regarding WeRide Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of WeRide American to cross-verify your projections.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Computers 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 WeRide American. If investors know WeRide 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 WeRide American listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of WeRide American Depo is measured differently than its book value, which is the value of WeRide that is recorded on the company's balance sheet. Investors also form their own opinion of WeRide American's value that differs from its market value or its book value, called intrinsic value, which is WeRide American'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 WeRide American's market value can be influenced by many factors that don't directly affect WeRide American'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 WeRide American's value and its price as these two are different measures arrived at by different means. Investors typically determine if WeRide American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WeRide American'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.