Henzhen Zhaowei (China) Overlap Studies Weighted Moving Average

003021 Stock   67.35  7.48  10.00%   
Henzhen Zhaowei overlap studies tool provides the execution environment for running the Weighted Moving Average study and other technical functions against Henzhen Zhaowei. Henzhen Zhaowei 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 overlap studies indicators. As with most other technical indicators, the Weighted Moving Average study function is designed to identify and follow existing trends. Henzhen Zhaowei overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify Time Period to run this model.

Illegal number of arguments. The output start index for this execution was zero with a total number of output elements of zero. The Weighted Moving Average calculates a weight for each value in Henzhen Zhaowei price series with the more recent values given greater weights.

Henzhen Zhaowei Technical Analysis Modules

Most technical analysis of Henzhen Zhaowei 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 Henzhen from various momentum indicators to cycle indicators. When you analyze Henzhen 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 Henzhen Zhaowei 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 Henzhen Zhaowei Machinery. We use our internally-developed statistical techniques to arrive at the intrinsic value of Henzhen Zhaowei Machinery based on widely used predictive technical indicators. In general, we focus on analyzing Henzhen Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Henzhen Zhaowei'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 Henzhen Zhaowei's intrinsic value. In addition to deriving basic predictive indicators for Henzhen Zhaowei, we also check how macroeconomic factors affect Henzhen Zhaowei price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
70.0474.8379.62
Details
Intrinsic
Valuation
LowRealHigh
59.9864.7782.31
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Henzhen Zhaowei. Your research has to be compared to or analyzed against Henzhen Zhaowei's peers to derive any actionable benefits. When done correctly, Henzhen Zhaowei'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 Henzhen Zhaowei Machinery.

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.

Did you try this?

Run Portfolio Optimization Now

   

Portfolio Optimization

Compute new portfolio that will generate highest expected return given your specified tolerance for risk
All  Next Launch Module

Henzhen Zhaowei Machinery 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 Henzhen Zhaowei 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 Henzhen Zhaowei will appreciate offsetting losses from the drop in the long position's value.

Henzhen Zhaowei Pair Trading

Henzhen Zhaowei Machinery Pair Trading Analysis

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

Henzhen Zhaowei financial ratios help investors to determine whether Henzhen 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 Henzhen with respect to the benefits of owning Henzhen Zhaowei security.