ZIJIN MINH Stock Forecast - Period Momentum Indicator

FJZB Stock  EUR 38.60  1.00  2.66%   
ZIJIN Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of ZIJIN MINH's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
ZIJIN MINH UNSPADR20 has current Period Momentum Indicator of 1.0. 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.
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ZIJIN MINH Trading Date Momentum

On July 06 2024 ZIJIN MINH UNSPADR20 was traded for  38.60  at the closing time. The maximum traded price for the trading interval was 38.60  and the lowest daily price was  38.40 . There was no trading activity during the period 0.0. Lack of trading volume on 6th of July 2024 had no short-term effect on price fluctuation. The trading date delta to the closing price today is 0.52% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for ZIJIN MINH

For every potential investor in ZIJIN, whether a beginner or expert, ZIJIN MINH'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 MINH's price trends.

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

ZIJIN MINH UNSPADR20 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 MINH'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 MINH's current price.

ZIJIN MINH Market Strength Events

Market strength indicators help investors to evaluate how ZIJIN MINH 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 MINH shares will generate the highest return on investment. By undertsting and applying ZIJIN MINH stock market strength indicators, traders can identify ZIJIN MINH UNSPADR20 entry and exit signals to maximize returns.

ZIJIN MINH Risk Indicators

The analysis of ZIJIN MINH'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 MINH'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.
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 ZIJIN Stock

ZIJIN MINH financial ratios help investors to determine whether ZIJIN 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 ZIJIN with respect to the benefits of owning ZIJIN MINH security.