Huagong Tech (China) Technical Analysis
| 000988 Stock | 37.81 0.14 0.37% |
As of the 19th of December, Huagong Tech retains the risk adjusted performance of 0.114, and Market Risk Adjusted Performance of (1.09). Huagong Tech technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.
Huagong Tech Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Huagong, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HuagongHuagong |
Huagong Tech 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.
Huagong Tech Technical Analysis
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 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 Huagong Tech volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Huagong Tech Trend Analysis
Use this graph to draw trend lines for Huagong Tech Co. You can use it to identify possible trend reversals for Huagong Tech 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 Huagong Tech price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Huagong Tech Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Huagong Tech Co applied against its price change over selected period. The best fit line has a slop of 0.12 , which means Huagong Tech Co will continue generating value for investors. It has 122 observation points and a regression sum of squares at 529.43, which is the sum of squared deviations for the predicted Huagong Tech price change compared to its average price change.About Huagong Tech 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 Huagong Tech 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 Huagong Tech Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Huagong Tech price pattern first instead of the macroeconomic environment surrounding Huagong Tech. By analyzing Huagong Tech'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 Huagong Tech'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 Huagong Tech specific price patterns or momentum indicators. Please read more on our technical analysis page.
Huagong Tech December 19, 2024 Technical Indicators
Most technical analysis of Huagong 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 Huagong from various momentum indicators to cycle indicators. When you analyze Huagong 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 | 0.114 | |||
| Market Risk Adjusted Performance | (1.09) | |||
| Mean Deviation | 2.39 | |||
| Semi Deviation | 2.41 | |||
| Downside Deviation | 2.87 | |||
| Coefficient Of Variation | 746.91 | |||
| Standard Deviation | 3.33 | |||
| Variance | 11.07 | |||
| Information Ratio | 0.1251 | |||
| Jensen Alpha | 0.443 | |||
| Total Risk Alpha | 0.3554 | |||
| Sortino Ratio | 0.1452 | |||
| Treynor Ratio | (1.10) | |||
| Maximum Drawdown | 16.44 | |||
| Value At Risk | (4.77) | |||
| Potential Upside | 7.53 | |||
| Downside Variance | 8.22 | |||
| Semi Variance | 5.82 | |||
| Expected Short fall | (2.69) | |||
| Skewness | 0.6208 | |||
| Kurtosis | 1.38 |
Complementary Tools for Huagong Stock analysis
When running Huagong Tech's price analysis, check to measure Huagong Tech'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 Huagong Tech is operating at the current time. Most of Huagong Tech's value examination focuses on studying past and present price action to predict the probability of Huagong Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Huagong Tech's price. Additionally, you may evaluate how the addition of Huagong Tech to your portfolios can decrease your overall portfolio volatility.
| Stocks Directory Find actively traded stocks across global markets | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios |