Yirendai Stock Forecast - Price Action Indicator
| YRD Stock | USD 5.21 0.24 4.40% |
Yirendai Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Yirendai stock prices and determine the direction of Yirendai's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Yirendai's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Yirendai's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Yirendai's systematic risk associated with finding meaningful patterns of Yirendai fundamentals over time.
Check out Historical Fundamental Analysis of Yirendai to cross-verify your projections. Yirendai |
Open Interest Against 2024-05-17 Yirendai Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Yirendai's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Yirendai's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Yirendai stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Yirendai's open interest, investors have to compare it to Yirendai's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Yirendai is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Yirendai. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Yirendai 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 Yirendai's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Yirendai's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.| Previous Price Action Indicator | Price Action Indicator | Trend |
| (0.15) | (0.12) |
| Check Yirendai Volatility | Backtest Yirendai | Information Ratio |
Yirendai Trading Date Momentum
| On May 04 2024 Yirendai was traded for 5.21 at the closing time. Highest Yirendai's price during the trading hours was 5.21 and the lowest price during the day was 5.21 . There was no trading activity during the period 0.0. Lack of trading volume on the 4th of May had no short-term effect on price fluctuation. The trading price change to current price is 4.61% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Yirendai to competition |
Other Forecasting Options for Yirendai
For every potential investor in Yirendai, whether a beginner or expert, Yirendai's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Yirendai Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Yirendai. Basic forecasting techniques help filter out the noise by identifying Yirendai's price trends.Yirendai 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 Yirendai stock to make a market-neutral strategy. Peer analysis of Yirendai could also be used in its relative valuation, which is a method of valuing Yirendai by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Yirendai 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 Yirendai'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 Yirendai's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Yirendai Market Strength Events
Market strength indicators help investors to evaluate how Yirendai stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Yirendai shares will generate the highest return on investment. By undertsting and applying Yirendai stock market strength indicators, traders can identify Yirendai entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 5.21 | |||
| Day Typical Price | 5.21 | |||
| Price Action Indicator | (0.12) | |||
| Period Momentum Indicator | (0.24) |
Yirendai Risk Indicators
The analysis of Yirendai'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 Yirendai's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting yirendai 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 | 3.42 | |||
| Semi Deviation | 4.47 | |||
| Standard Deviation | 4.77 | |||
| Variance | 22.75 | |||
| Downside Variance | 22.33 | |||
| Semi Variance | 20.0 | |||
| Expected Short fall | (3.82) |
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 Yirendai 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, Yirendai's short interest history, or implied volatility extrapolated from Yirendai options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Yirendai is a strong investment it is important to analyze Yirendai's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Yirendai's future performance. For an informed investment choice regarding Yirendai Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Yirendai to cross-verify your projections. For information on how to trade Yirendai Stock refer to our How to Trade Yirendai Stock guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Yirendai Stock analysis
When running Yirendai's price analysis, check to measure Yirendai'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 Yirendai is operating at the current time. Most of Yirendai's value examination focuses on studying past and present price action to predict the probability of Yirendai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yirendai's price. Additionally, you may evaluate how the addition of Yirendai to your portfolios can decrease your overall portfolio volatility.
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Is Yirendai's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Yirendai. If investors know Yirendai will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Yirendai listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.194 | Earnings Share 3.21 | Revenue Per Share 55.396 | Quarterly Revenue Growth 0.171 | Return On Assets 0.1724 |
The market value of Yirendai is measured differently than its book value, which is the value of Yirendai that is recorded on the company's balance sheet. Investors also form their own opinion of Yirendai's value that differs from its market value or its book value, called intrinsic value, which is Yirendai's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Yirendai's market value can be influenced by many factors that don't directly affect Yirendai's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Yirendai's value and its price as these two are different measures arrived at by different means. Investors typically determine if Yirendai is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Yirendai's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.