Li Kang Stock Forecast - Rate Of Daily Change
| 6242 Stock | TWD 51.70 0.30 0.58% |
6242 Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Li Kang stock prices and determine the direction of Li Kang Biomedical's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Li Kang's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Li Kang to cross-verify your projections. 6242 |
Most investors in Li Kang 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 Li Kang's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Li Kang's price structures and extracts relationships that further increase the generated results' accuracy.
Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Li Kang.| Check Li Kang Volatility | Backtest Li Kang | Information Ratio |
Li Kang Trading Date Momentum
| On April 28 2024 Li Kang Biomedical was traded for 51.70 at the closing time. The highest price during the trading period was 51.90 and the lowest recorded bid was listed for 51.60 . There was no trading activity during the period 0.0. Lack of trading volume on April 28, 2024 did not cause price change. The trading delta at closing time to the current price is 0.00% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for Li Kang
For every potential investor in 6242, whether a beginner or expert, Li Kang's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 6242 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 6242. Basic forecasting techniques help filter out the noise by identifying Li Kang's price trends.Li Kang 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 Li Kang stock to make a market-neutral strategy. Peer analysis of Li Kang could also be used in its relative valuation, which is a method of valuing Li Kang by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Li Kang Biomedical 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 Li Kang'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 Li Kang's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Li Kang Market Strength Events
Market strength indicators help investors to evaluate how Li Kang stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Li Kang shares will generate the highest return on investment. By undertsting and applying Li Kang stock market strength indicators, traders can identify Li Kang Biomedical entry and exit signals to maximize returns.
Li Kang Risk Indicators
The analysis of Li Kang'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 Li Kang's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 6242 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 | 0.6964 | |||
| Standard Deviation | 1.14 | |||
| Variance | 1.3 |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Li Kang in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Li Kang's short interest history, or implied volatility extrapolated from Li Kang options trading.
Thematic Opportunities
Explore Investment Opportunities
Check out Historical Fundamental Analysis of Li Kang to cross-verify your projections. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for 6242 Stock analysis
When running Li Kang's price analysis, check to measure Li Kang'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 Li Kang is operating at the current time. Most of Li Kang's value examination focuses on studying past and present price action to predict the probability of Li Kang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Li Kang's price. Additionally, you may evaluate how the addition of Li Kang to your portfolios can decrease your overall portfolio volatility.
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