Chi Sheng Stock Forecast - Price Action Indicator
| 4111 Stock | TWD 28.85 0.85 3.04% |
Chi Stock Forecast is based on your current time horizon.
Chi |
| Previous Price Action Indicator | Price Action Indicator | Trend |
| (0.58) | 0.53 |
| Check Chi Sheng Volatility | Backtest Chi Sheng | Information Ratio |
Chi Sheng Trading Date Momentum
| On December 11 2024 Chi Sheng Chemical was traded for 28.85 at the closing time. The highest price during the trading period was 29.20 and the lowest recorded bid was listed for 28.30 . The volume for the day was 1 M. This history from December 11, 2024 did not affect price variability. The overall trading delta to the current price is 1.21% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Chi Sheng to competition |
Other Forecasting Options for Chi Sheng
For every potential investor in Chi, whether a beginner or expert, Chi Sheng's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Chi Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Chi. Basic forecasting techniques help filter out the noise by identifying Chi Sheng's price trends.Chi Sheng 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 Chi Sheng stock to make a market-neutral strategy. Peer analysis of Chi Sheng could also be used in its relative valuation, which is a method of valuing Chi Sheng by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Chi Sheng Chemical 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 Chi Sheng'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 Chi Sheng's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Chi Sheng Market Strength Events
Market strength indicators help investors to evaluate how Chi Sheng stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chi Sheng shares will generate the highest return on investment. By undertsting and applying Chi Sheng stock market strength indicators, traders can identify Chi Sheng Chemical entry and exit signals to maximize returns.
Chi Sheng Risk Indicators
The analysis of Chi Sheng'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 Chi Sheng's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting chi 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 | 0.4698 | |||
| Semi Deviation | 0.0608 | |||
| Standard Deviation | 0.6827 | |||
| Variance | 0.4661 | |||
| Downside Variance | 0.2985 | |||
| Semi Variance | 0.0037 | |||
| Expected Short fall | (0.70) |
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.
Pair Trading with Chi Sheng
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Chi Sheng position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Chi Sheng will appreciate offsetting losses from the drop in the long position's value.Moving against Chi Stock
| 0.75 | 6612 | Icares Medicus | PairCorr |
| 0.66 | 6499 | Medeon Biodesign | PairCorr |
| 0.63 | 0051 | YuantaP shares Taiwan | PairCorr |
| 0.58 | 1786 | SciVision Biotech | PairCorr |
| 0.57 | 6491 | Pegavision | PairCorr |
The ability to find closely correlated positions to Chi Sheng could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chi Sheng when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Chi Sheng - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Chi Sheng Chemical to buy it.
The correlation of Chi Sheng is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Chi Sheng moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chi Sheng Chemical moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Chi Sheng can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Chi Stock Analysis
When running Chi Sheng's price analysis, check to measure Chi Sheng'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 Chi Sheng is operating at the current time. Most of Chi Sheng's value examination focuses on studying past and present price action to predict the probability of Chi Sheng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chi Sheng's price. Additionally, you may evaluate how the addition of Chi Sheng to your portfolios can decrease your overall portfolio volatility.