Citic Limited Stock Technical Analysis
CTPCF Stock | USD 1.10 0.00 0.00% |
As of the 30th of November, CITIC shows the risk adjusted performance of 0.0972, and Mean Deviation of 1.09. CITIC Limited 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 Limited standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if CITIC Limited is priced favorably, providing market reflects its regular price of 1.1 per share. Given that CITIC is a hitting penny stock territory we recommend to closely look at its jensen alpha.
CITIC 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 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 Limited Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-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 CITIC Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility.
CITIC Limited Trend Analysis
Use this graph to draw trend lines for CITIC Limited. You can use it to identify possible trend reversals for CITIC 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 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.CITIC Best Fit Change Line
The following chart estimates an ordinary least squares regression model for CITIC Limited applied against its price change over selected period. The best fit line has a slop of 0 , which means CITIC Limited will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.54, which is the sum of squared deviations for the predicted CITIC price change compared to its average price change.About CITIC 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 Limited 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 Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on CITIC Limited price pattern first instead of the macroeconomic environment surrounding CITIC Limited. By analyzing CITIC'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'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 specific price patterns or momentum indicators. Please read more on our technical analysis page.
CITIC November 30, 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 | 0.0972 | |||
Market Risk Adjusted Performance | 0.692 | |||
Mean Deviation | 1.09 | |||
Coefficient Of Variation | 849.26 | |||
Standard Deviation | 2.74 | |||
Variance | 7.5 | |||
Information Ratio | 0.0675 | |||
Jensen Alpha | 0.254 | |||
Total Risk Alpha | (0.14) | |||
Treynor Ratio | 0.682 | |||
Maximum Drawdown | 26.23 | |||
Value At Risk | (1.08) | |||
Potential Upside | 3.26 | |||
Skewness | 3.76 | |||
Kurtosis | 27.64 |
Complementary Tools for CITIC Pink Sheet analysis
When running CITIC's price analysis, check to measure CITIC'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 CITIC is operating at the current time. Most of CITIC's value examination focuses on studying past and present price action to predict the probability of CITIC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CITIC's price. Additionally, you may evaluate how the addition of CITIC to your portfolios can decrease your overall portfolio volatility.
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