Midea Group (China) Technical Analysis
000333 Stock | 76.37 2.36 3.00% |
As of the 11th of January 2025, Midea Group secures the Standard Deviation of 1.45, mean deviation of 1.13, and Risk Adjusted Performance of (0.01). Midea Group Co technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices.
Midea Group Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Midea, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MideaMidea |
Midea Group technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Midea Group Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Midea Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Midea Group Trend Analysis
Use this graph to draw trend lines for Midea Group Co. You can use it to identify possible trend reversals for Midea Group as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Midea Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Midea Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Midea Group Co applied against its price change over selected period. The best fit line has a slop of 0.05 , which means Midea Group Co will continue generating value for investors. It has 122 observation points and a regression sum of squares at 82.68, which is the sum of squared deviations for the predicted Midea Group price change compared to its average price change.About Midea Group Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Midea Group Co on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Midea Group Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Midea Group price pattern first instead of the macroeconomic environment surrounding Midea Group. By analyzing Midea Group's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Midea Group's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Midea Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
Midea Group January 11, 2025 Technical Indicators
Most technical analysis of Midea 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 Midea from various momentum indicators to cycle indicators. When you analyze Midea charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | (0.01) | |||
Market Risk Adjusted Performance | (0.17) | |||
Mean Deviation | 1.13 | |||
Coefficient Of Variation | (5,282) | |||
Standard Deviation | 1.45 | |||
Variance | 2.1 | |||
Information Ratio | (0.02) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.02) | |||
Treynor Ratio | (0.18) | |||
Maximum Drawdown | 6.7 | |||
Value At Risk | (2.68) | |||
Potential Upside | 2.35 | |||
Skewness | (0.16) | |||
Kurtosis | 0.0724 |
Complementary Tools for Midea Stock analysis
When running Midea Group's price analysis, check to measure Midea Group'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 Midea Group is operating at the current time. Most of Midea Group's value examination focuses on studying past and present price action to predict the probability of Midea Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Midea Group's price. Additionally, you may evaluate how the addition of Midea Group to your portfolios can decrease your overall portfolio volatility.
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