Zijin Mining Stock Forecast - Accumulation Distribution
| FJZ Stock | EUR 2.12 0.02 0.95% |
Zijin Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Zijin Mining stock prices and determine the direction of Zijin Mining Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Zijin Mining's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Zijin Mining to cross-verify your projections. Zijin |
Most investors in Zijin Mining cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Zijin Mining's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Zijin Mining's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Zijin Mining is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Zijin Mining Group to determine if accumulation or reduction is taking place in the market. This value is adjusted by Zijin Mining trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 52.65 | 0.0931 |
| Check Zijin Mining Volatility | Backtest Zijin Mining | Trend Details |
Zijin Mining Trading Date Momentum
| On May 10 2024 Zijin Mining Group was traded for 1.89 at the closing time. The highest daily price throughout the period was 2.09 and the lowest price was 1.89 . There was no trading activity during the period 1.0. Lack of trading volume on 05/10/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 2.16% . The trading date delta to current closing price is 14.59% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Zijin Mining to competition |
Other Forecasting Options for Zijin Mining
For every potential investor in Zijin, whether a beginner or expert, Zijin Mining's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Zijin Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Zijin. Basic forecasting techniques help filter out the noise by identifying Zijin Mining's price trends.Zijin Mining 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 Zijin Mining stock to make a market-neutral strategy. Peer analysis of Zijin Mining could also be used in its relative valuation, which is a method of valuing Zijin Mining by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Zijin Mining Group 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 Zijin Mining'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 Zijin Mining's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Zijin Mining Market Strength Events
Market strength indicators help investors to evaluate how Zijin Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zijin Mining shares will generate the highest return on investment. By undertsting and applying Zijin Mining stock market strength indicators, traders can identify Zijin Mining Group entry and exit signals to maximize returns.
Zijin Mining Risk Indicators
The analysis of Zijin Mining'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 Zijin Mining's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting zijin 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.
| Mean Deviation | 2.36 | |||
| Semi Deviation | 2.51 | |||
| Standard Deviation | 3.18 | |||
| Variance | 10.09 | |||
| Downside Variance | 11.03 | |||
| Semi Variance | 6.32 | |||
| Expected Short fall | (2.92) |
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.
Currently Active Assets on Macroaxis
Check out Historical Fundamental Analysis of Zijin Mining to cross-verify your projections. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Zijin Stock analysis
When running Zijin Mining's price analysis, check to measure Zijin Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zijin Mining is operating at the current time. Most of Zijin Mining's value examination focuses on studying past and present price action to predict the probability of Zijin Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zijin Mining's price. Additionally, you may evaluate how the addition of Zijin Mining to your portfolios can decrease your overall portfolio volatility.
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