Citic Resources Holdings Stock Technical Analysis
CTJHFDelisted Stock | USD 0.08 0.00 0.00% |
As of the 12th of December 2024, CITIC Resources shows the mean deviation of 3.24, and Risk Adjusted Performance of 0.1074. CITIC Resources Holdings technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm CITIC Resources Holdings standard deviation, as well as the relationship between the treynor ratio and kurtosis to decide if CITIC Resources Holdings is priced favorably, providing market reflects its regular price of 0.08 per share. As CITIC Resources Holdings appears to be a penny stock we also recommend to validate its information ratio numbers.
CITIC Resources Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as CITIC, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CITICCITIC |
CITIC Resources technical pink sheet 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, pink sheet market cycles, or different charting patterns.
CITIC Resources Holdings Technical Analysis
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CITIC Resources Holdings Trend Analysis
Use this graph to draw trend lines for CITIC Resources Holdings. You can use it to identify possible trend reversals for CITIC Resources 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 CITIC Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.CITIC Resources Best Fit Change Line
The following chart estimates an ordinary least squares regression model for CITIC Resources Holdings applied against its price change over selected period. The best fit line has a slop of 0.001 , which means CITIC Resources Holdings will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.04, which is the sum of squared deviations for the predicted CITIC Resources price change compared to its average price change.About CITIC Resources 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 CITIC Resources Holdings 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 CITIC Resources Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on CITIC Resources Holdings price pattern first instead of the macroeconomic environment surrounding CITIC Resources Holdings. By analyzing CITIC Resources'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 CITIC Resources'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 CITIC Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
CITIC Resources December 12, 2024 Technical Indicators
Most technical analysis of CITIC 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 CITIC from various momentum indicators to cycle indicators. When you analyze CITIC 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 | 0.1074 | |||
Market Risk Adjusted Performance | 1.89 | |||
Mean Deviation | 3.24 | |||
Coefficient Of Variation | 736.99 | |||
Standard Deviation | 12.32 | |||
Variance | 151.9 | |||
Information Ratio | 0.1256 | |||
Jensen Alpha | 1.56 | |||
Total Risk Alpha | (0.29) | |||
Treynor Ratio | 1.88 | |||
Maximum Drawdown | 99.72 | |||
Skewness | 7.99 | |||
Kurtosis | 64.45 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Other Consideration for investing in CITIC Pink Sheet
If you are still planning to invest in CITIC Resources Holdings check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the CITIC Resources' history and understand the potential risks before investing.
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