Bank of China Stock Forecast - Price Action Indicator

601988 Stock   5.18  0.02  0.38%   
Bank Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Bank of China stock prices and determine the direction of Bank of China's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Bank of China's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Bank of China's Other Current Liabilities is projected to decrease significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 1.3 T, whereas Total Assets are forecasted to decline to about 25.8 T.
Bank of China has current Price Action Indicator of (0.01). 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.
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Bank of China Trading Date Momentum

On December 15 2024 Bank of China was traded for  5.18  at the closing time. The highest price during the trading period was 5.22  and the lowest recorded bid was listed for  5.14 . There was no trading activity during the period 0.0. Lack of trading volume on December 15, 2024 did not affect price variability. The overall trading delta to the current price is 0.19% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Bank of China

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

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

Bank of China 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 Bank of China'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 Bank of China's current price.

Bank of China Market Strength Events

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

Bank of China Risk Indicators

The analysis of Bank of China'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 Bank of China's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bank 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Bank Stock

Bank of China financial ratios help investors to determine whether Bank 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 Bank with respect to the benefits of owning Bank of China security.