Sinopharm Group (Germany) Technical Analysis

X2S Stock  EUR 2.64  0.04  1.54%   
As of the 22nd of December, Sinopharm Group has the Coefficient Of Variation of 543.45, risk adjusted performance of 0.1528, and Semi Deviation of 2.27. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sinopharm Group, as well as the relationship between them. Please validate Sinopharm Group jensen alpha, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance to decide if Sinopharm Group is priced more or less accurately, providing market reflects its prevalent price of 2.64 per share.

Sinopharm 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 Sinopharm, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Sinopharm
  
Sinopharm Group's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Sinopharm 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.
A focus of Sinopharm Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sinopharm Group trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Sinopharm Group Technical Analysis

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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 Sinopharm Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Sinopharm Group Trend Analysis

Use this graph to draw trend lines for Sinopharm Group Co. You can use it to identify possible trend reversals for Sinopharm 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 Sinopharm Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Sinopharm Group Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Sinopharm Group Co applied against its price change over selected period. The best fit line has a slop of    , which means Sinopharm Group Co will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.43, which is the sum of squared deviations for the predicted Sinopharm Group price change compared to its average price change.

About Sinopharm 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 Sinopharm 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 Sinopharm Group Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Sinopharm Group price pattern first instead of the macroeconomic environment surrounding Sinopharm Group. By analyzing Sinopharm 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 Sinopharm 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 Sinopharm Group specific price patterns or momentum indicators. Please read more on our technical analysis page.

Sinopharm Group December 22, 2024 Technical Indicators

Most technical analysis of Sinopharm 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 Sinopharm from various momentum indicators to cycle indicators. When you analyze Sinopharm 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.

Complementary Tools for Sinopharm Stock analysis

When running Sinopharm Group's price analysis, check to measure Sinopharm 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 Sinopharm Group is operating at the current time. Most of Sinopharm Group's value examination focuses on studying past and present price action to predict the probability of Sinopharm 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 Sinopharm Group's price. Additionally, you may evaluate how the addition of Sinopharm Group to your portfolios can decrease your overall portfolio volatility.
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