China Southern Stock Forecast - Period Momentum Indicator
ZNHDelisted Stock | USD 36.97 0.28 0.75% |
China Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of China Southern's historical fundamentals, such as revenue growth or operating cash flow patterns.
China |
Previous Period Momentum Indicator | Period Momentum Indicator | Trend |
(0.58) | (0.56) |
Check China Southern Volatility | Backtest China Southern | Trend Details |
China Southern Trading Date Momentum
On March 06 2023 China Southern Airlines was traded for 36.97 at the closing time. Highest China Southern's price during the trading hours was 37.64 and the lowest price during the day was 36.97 . The net volume was 7 K. The overall trading history on the 6th of March contributed to the next trading period price depreciation. The trading date delta to the next next day price was 1.49% . The overall trading delta to current price is 0.75% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
Compare China Southern to competition
China Southern Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with China Southern stock to make a market-neutral strategy. Peer analysis of China Southern could also be used in its relative valuation, which is a method of valuing China Southern by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
China Southern Market Strength Events
Market strength indicators help investors to evaluate how China Southern stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading China Southern shares will generate the highest return on investment. By undertsting and applying China Southern stock market strength indicators, traders can identify China Southern Airlines entry and exit signals to maximize returns.
China Southern Risk Indicators
The analysis of China Southern'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 Southern's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting china stock 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.
Mean Deviation | 1.6 | |||
Semi Deviation | 1.39 | |||
Standard Deviation | 2.1 | |||
Variance | 4.39 | |||
Downside Variance | 3.27 | |||
Semi Variance | 1.93 | |||
Expected Short fall | (1.90) |
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.
Currently Active Assets on Macroaxis
Check out Your Current Watchlist 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 board of governors. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Other Consideration for investing in China Stock
If you are still planning to invest in China Southern Airlines 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 China Southern's history and understand the potential risks before investing.
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