Shandong Polymer (China) Technical Analysis
| 002476 Stock | 4.36 0.12 2.68% |
As of the 2nd of March, Shandong Polymer has the Coefficient Of Variation of (3,431), risk adjusted performance of (0.01), and Variance of 4.52. Shandong Polymer technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices.
Shandong Polymer Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Shandong, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ShandongShandong |
Shandong Polymer 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.
Shandong Polymer Bio 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 Shandong Polymer Bio volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Shandong Polymer Bio Trend Analysis
Use this graph to draw trend lines for Shandong Polymer Biochemicals. You can use it to identify possible trend reversals for Shandong Polymer 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 Shandong Polymer price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Shandong Polymer Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Shandong Polymer Biochemicals applied against its price change over selected period. The best fit line has a slop of 0.0067 , which may suggest that Shandong Polymer Biochemicals market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.72, which is the sum of squared deviations for the predicted Shandong Polymer price change compared to its average price change.About Shandong Polymer 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 Shandong Polymer Biochemicals 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 Shandong Polymer Biochemicals based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Shandong Polymer Bio price pattern first instead of the macroeconomic environment surrounding Shandong Polymer Bio. By analyzing Shandong Polymer'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 Shandong Polymer'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 Shandong Polymer specific price patterns or momentum indicators. Please read more on our technical analysis page.
Shandong Polymer March 2, 2025 Technical Indicators
Most technical analysis of Shandong 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 Shandong from various momentum indicators to cycle indicators. When you analyze Shandong 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.
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| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (6.36) | |||
| Mean Deviation | 1.57 | |||
| Coefficient Of Variation | (3,431) | |||
| Standard Deviation | 2.13 | |||
| Variance | 4.52 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (6.37) | |||
| Maximum Drawdown | 10.79 | |||
| Value At Risk | (4.19) | |||
| Potential Upside | 3.15 | |||
| Skewness | (0.48) | |||
| Kurtosis | 1.16 |
Complementary Tools for Shandong Stock analysis
When running Shandong Polymer's price analysis, check to measure Shandong Polymer'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 Shandong Polymer is operating at the current time. Most of Shandong Polymer's value examination focuses on studying past and present price action to predict the probability of Shandong Polymer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shandong Polymer's price. Additionally, you may evaluate how the addition of Shandong Polymer to your portfolios can decrease your overall portfolio volatility.
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