Fine Metal Stock Forecast - Period Momentum Indicator

FMT Stock  THB 33.25  1.25  3.91%   
Fine Stock Forecast is based on your current time horizon.
  
Fine Metal Technologies has current Period Momentum Indicator of 1.25. 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.
Check Fine Metal VolatilityBacktest Fine MetalInformation Ratio  

Fine Metal Trading Date Momentum

On November 29 2024 Fine Metal Technologies was traded for  33.25  at the closing time. The maximum traded price for the trading interval was 33.50  and the lowest daily price was  29.25 . The daily volume was recorded at 4.9 K. The volume of trading on 29th of November 2024 did not affect price variability. The overall trading delta to the closing price today is 3.76% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
Compare Fine Metal to competition

Other Forecasting Options for Fine Metal

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

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

Fine Metal Technologies 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 Fine Metal'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 Fine Metal's current price.

Fine Metal Market Strength Events

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

Fine Metal Risk Indicators

The analysis of Fine Metal'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 Fine Metal's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fine 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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Other Information on Investing in Fine Stock

Fine Metal financial ratios help investors to determine whether Fine 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 Fine with respect to the benefits of owning Fine Metal security.