Ningbo Construction Stock Forecast - Daily Balance Of Power

601789 Stock   4.64  0.08  1.69%   
Ningbo Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Ningbo Construction stock prices and determine the direction of Ningbo Construction Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Ningbo Construction's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On December 4, 2024 Ningbo Construction Co had Daily Balance Of Power of (0.67). Balance of Power indicator (or BOP) measures the strength of Ningbo Construction Co market sensitivity to bulls and bears. It estimates the ability of Ningbo Construction buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Ningbo Construction Balance of Power indicator one can determine a trend of the price direction.
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Ningbo Construction Trading Date Momentum

On December 05 2024 Ningbo Construction Co was traded for  4.82  at the closing time. The highest price during the trading period was 4.93  and the lowest recorded bid was listed for  4.80 . The volume for the day was 72.7 M. This history from December 5, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.03% . The trading delta at closing time to the current price is 1.03% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Ningbo Construction

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

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

Ningbo Construction 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 Ningbo Construction'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 Ningbo Construction's current price.

Ningbo Construction Market Strength Events

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

Ningbo Construction Risk Indicators

The analysis of Ningbo Construction'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 Ningbo Construction's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ningbo 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 Ningbo Stock

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