China Fund Fund Forecast - Daily Balance Of Power

CHN Fund  USD 11.77  0.12  1.01%   
China Fund Forecast is based on your current time horizon.
  
On March 5, 2024 China Fund had Daily Balance Of Power of (0.33). Balance of Power indicator (or BOP) measures the strength of China Fund market sensitivity to bulls and bears. It estimates the ability of China Fund buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring China Fund Balance of Power indicator one can determine a trend of the price direction.
Check China Fund VolatilityBacktest China FundTrend Details  

China Fund Trading Date Momentum

On March 06 2024 China Fund was traded for  9.80  at the closing time. Highest China Fund's price during the trading hours was 9.84  and the lowest price during the day was  9.73 . The net volume was 24.9 K. The overall trading history on the 6th of March contributed to the next trading period price boost. The overall trading delta to the next next day price was 1.55% . The overall trading delta to current price is 1.55% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for China Fund

For every potential investor in China, whether a beginner or expert, China Fund's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. China Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in China. Basic forecasting techniques help filter out the noise by identifying China Fund's price trends.

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 Risk & Return  Correlation

China Fund Technical and Predictive Analytics

The fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of China Fund's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of China Fund's current price.

China Fund Market Strength Events

Market strength indicators help investors to evaluate how China Fund fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading China Fund shares will generate the highest return on investment. By undertsting and applying China Fund fund market strength indicators, traders can identify China Fund entry and exit signals to maximize returns.

China Fund Risk Indicators

The analysis of China Fund's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in China Fund's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting china fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Pair Trading with China Fund

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 China Fund 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 China Fund will appreciate offsetting losses from the drop in the long position's value.

Moving together with China Fund

  0.8WHIYX Ivy High IncomePairCorr
  0.79IVHIX Ivy High IncomePairCorr
  0.8IHIFX Ivy High IncomePairCorr
  0.75WRHIX Ivy High IncomePairCorr

Moving against China Fund

  0.55PG Procter Gamble Sell-off TrendPairCorr
  0.53MRK Merck Company Fiscal Year End 6th of February 2025 PairCorr
  0.34CSJZX Cohen Steers RealtyPairCorr
The ability to find closely correlated positions to China Fund could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace China Fund 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 China Fund - 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 China Fund to buy it.
The correlation of China Fund 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 China Fund moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China Fund 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 China Fund 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in China Fund

China Fund financial ratios help investors to determine whether China Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in China with respect to the benefits of owning China Fund security.
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