Hongfa Technology (China) Statistic Functions Pearson Correlation Coefficient
| 600885 Stock | 31.08 0.08 0.26% |
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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Pearsons Correlation Coefficient is one of the most common measures of correlation in financial statistics. It shows the linear relationship between price series of Hongfa Technology and its benchmark or peer.
Hongfa Technology Technical Analysis Modules
Most technical analysis of Hongfa Technology help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Hongfa from various momentum indicators to cycle indicators. When you analyze Hongfa charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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About Hongfa Technology Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hongfa Technology Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hongfa Technology Co based on widely used predictive technical indicators. In general, we focus on analyzing Hongfa Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hongfa Technology's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Hongfa Technology's intrinsic value. In addition to deriving basic predictive indicators for Hongfa Technology, we also check how macroeconomic factors affect Hongfa Technology price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
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Other Information on Investing in Hongfa Stock
Hongfa Technology financial ratios help investors to determine whether Hongfa 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 Hongfa with respect to the benefits of owning Hongfa Technology security.