Shengfeng Development Limited Stock Overlap Studies Bollinger Bands
| SFWL Stock | 1.11 0.05 4.31% |
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The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Shengfeng Development middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Shengfeng Development. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Shengfeng Development Technical Analysis Modules
Most technical analysis of Shengfeng Development 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 Shengfeng from various momentum indicators to cycle indicators. When you analyze Shengfeng charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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About Shengfeng Development Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shengfeng Development Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of Shengfeng Development Limited based on widely used predictive technical indicators. In general, we focus on analyzing Shengfeng Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Shengfeng Development's daily price indicators and compare them against related drivers, such as overlap studies and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Shengfeng Development's intrinsic value. In addition to deriving basic predictive indicators for Shengfeng Development, we also check how macroeconomic factors affect Shengfeng Development price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Shengfeng Development's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
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Shengfeng Development pair trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Shengfeng Development position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Shengfeng Development will appreciate offsetting losses from the drop in the long position's value.Shengfeng Development Pair Trading
Shengfeng Development Limited Pair Trading Analysis
The ability to find closely correlated positions to Shengfeng Development could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shengfeng Development when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Shengfeng Development - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Shengfeng Development Limited to buy it.
The correlation of Shengfeng Development is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Shengfeng Development moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shengfeng Development moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Shengfeng Development can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shengfeng Development Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Air Freight & Logistics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shengfeng Development. If investors know Shengfeng will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shengfeng Development listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Shengfeng Development is measured differently than its book value, which is the value of Shengfeng that is recorded on the company's balance sheet. Investors also form their own opinion of Shengfeng Development's value that differs from its market value or its book value, called intrinsic value, which is Shengfeng Development's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shengfeng Development's market value can be influenced by many factors that don't directly affect Shengfeng Development's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shengfeng Development's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shengfeng Development is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shengfeng Development's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.