DongKook Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast DongKook Pharmaceutical stock prices and determine the direction of DongKook Pharmaceutical Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of DongKook Pharmaceutical's historical fundamentals, such as revenue growth or operating cash flow patterns.
DongKook
On December 12, 2024 DongKook Pharmaceutical Co had Period Momentum Indicator of (210.00). 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 December 13 2024 DongKook Pharmaceutical Co was traded for 16,590 at the closing time. The highest price during the trading period was 16,780 and the lowest recorded bid was listed for 16,430 . The volume for the day was 58.3 K. This history from December 13, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.47% . The overall trading delta to the current price is 2.14% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
Other Forecasting Options for DongKook Pharmaceutical
For every potential investor in DongKook, whether a beginner or expert, DongKook Pharmaceutical's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. DongKook Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in DongKook. Basic forecasting techniques help filter out the noise by identifying DongKook Pharmaceutical'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 DongKook Pharmaceutical stock to make a market-neutral strategy. Peer analysis of DongKook Pharmaceutical could also be used in its relative valuation, which is a method of valuing DongKook Pharmaceutical by comparing valuation metrics with similar companies.
DongKook Pharmaceutical 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 DongKook Pharmaceutical'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 DongKook Pharmaceutical's current price.
Market strength indicators help investors to evaluate how DongKook Pharmaceutical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DongKook Pharmaceutical shares will generate the highest return on investment. By undertsting and applying DongKook Pharmaceutical stock market strength indicators, traders can identify DongKook Pharmaceutical Co entry and exit signals to maximize returns.
The analysis of DongKook Pharmaceutical'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 DongKook Pharmaceutical's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dongkook 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.
Other Information on Investing in DongKook Stock
DongKook Pharmaceutical financial ratios help investors to determine whether DongKook 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 DongKook with respect to the benefits of owning DongKook Pharmaceutical security.