Wuhan Xianglong (China) Momentum Indicators Rate of change

600769 Stock   12.75  0.97  8.23%   
Wuhan Xianglong momentum indicators tool provides the execution environment for running the Rate of change indicator and other technical functions against Wuhan Xianglong. Wuhan Xianglong 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 indicator function is designed to identify and follow existing trends. Momentum indicators of Wuhan Xianglong are pattern recognition functions that provide distinct formation on Wuhan Xianglong 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 : ((price/prevPrice)-1)*100 indicator measures the change in Wuhan Xianglong Power price from one period to the next.

Wuhan Xianglong Technical Analysis Modules

Most technical analysis of Wuhan Xianglong 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 Wuhan from various momentum indicators to cycle indicators. When you analyze Wuhan 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 Wuhan Xianglong 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 Wuhan Xianglong Power. We use our internally-developed statistical techniques to arrive at the intrinsic value of Wuhan Xianglong Power based on widely used predictive technical indicators. In general, we focus on analyzing Wuhan Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Wuhan Xianglong'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 Wuhan Xianglong's intrinsic value. In addition to deriving basic predictive indicators for Wuhan Xianglong, we also check how macroeconomic factors affect Wuhan Xianglong price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
7.6612.7517.84
Details
Intrinsic
Valuation
LowRealHigh
6.2111.3016.39
Details
Naive
Forecast
LowNextHigh
6.5111.6116.70
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
11.5112.4313.34
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Wuhan Xianglong. Your research has to be compared to or analyzed against Wuhan Xianglong's peers to derive any actionable benefits. When done correctly, Wuhan Xianglong'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 Wuhan Xianglong Power.

Learn to be your own money manager

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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Wuhan Xianglong Power 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 Wuhan Xianglong 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 Wuhan Xianglong will appreciate offsetting losses from the drop in the long position's value.

Wuhan Xianglong Pair Trading

Wuhan Xianglong Power Pair Trading Analysis

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

Wuhan Xianglong financial ratios help investors to determine whether Wuhan 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 Wuhan with respect to the benefits of owning Wuhan Xianglong security.