Beijing HuaYuanYiTong (China) Momentum Indicators Rate of change percentage

002893 Stock   11.56  0.75  6.09%   
Beijing HuaYuanYiTong momentum indicators tool provides the execution environment for running the Rate of change percentage indicator and other technical functions against Beijing HuaYuanYiTong. Beijing HuaYuanYiTong value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Rate of change percentage indicator function is designed to identify and follow existing trends. Momentum indicators of Beijing HuaYuanYiTong are pattern recognition functions that provide distinct formation on Beijing HuaYuanYiTong potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was three with a total number of output elements of fifty-eight. The Rate of change Percentage: (price-prevPrice)/prevPrice indicator measures the percentage change in Beijing HuaYuanYiTong price from one period to the next.

Beijing HuaYuanYiTong Technical Analysis Modules

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

About Beijing HuaYuanYiTong 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 Beijing HuaYuanYiTong Thermal. We use our internally-developed statistical techniques to arrive at the intrinsic value of Beijing HuaYuanYiTong Thermal based on widely used predictive technical indicators. In general, we focus on analyzing Beijing Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Beijing HuaYuanYiTong's daily price indicators and compare them against related drivers, such as momentum indicators 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 Beijing HuaYuanYiTong's intrinsic value. In addition to deriving basic predictive indicators for Beijing HuaYuanYiTong, we also check how macroeconomic factors affect Beijing HuaYuanYiTong price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
8.2511.6615.07
Details
Intrinsic
Valuation
LowRealHigh
5.719.1212.53
Details
Naive
Forecast
LowNextHigh
8.8312.2515.66
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
11.1011.8112.52
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Beijing HuaYuanYiTong. Your research has to be compared to or analyzed against Beijing HuaYuanYiTong's peers to derive any actionable benefits. When done correctly, Beijing HuaYuanYiTong's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Beijing HuaYuanYiTong.

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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Beijing HuaYuanYiTong 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 Beijing HuaYuanYiTong 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 Beijing HuaYuanYiTong will appreciate offsetting losses from the drop in the long position's value.

Beijing HuaYuanYiTong Pair Trading

Beijing HuaYuanYiTong Thermal Pair Trading Analysis

The ability to find closely correlated positions to Beijing HuaYuanYiTong could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Beijing HuaYuanYiTong 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 Beijing HuaYuanYiTong - 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 Beijing HuaYuanYiTong Thermal to buy it.
The correlation of Beijing HuaYuanYiTong 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 Beijing HuaYuanYiTong moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Beijing HuaYuanYiTong 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 Beijing HuaYuanYiTong 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 Beijing Stock

Beijing HuaYuanYiTong financial ratios help investors to determine whether Beijing Stock 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 Beijing with respect to the benefits of owning Beijing HuaYuanYiTong security.