Kangxin New (China) Pattern Recognition Upside and Downside Gap Three Methods

600076 Stock   2.20  0.08  3.51%   
Kangxin New pattern recognition tool provides the execution environment for running the Upside and Downside Gap Three Methods recognition and other technical functions against Kangxin New. Kangxin New 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 pattern recognition indicators. As with most other technical indicators, the Upside and Downside Gap Three Methods recognition function is designed to identify and follow existing trends. Kangxin New momentum indicators are usually used to generate trading rules based on assumptions that Kangxin New trends in prices tend to continue for long periods.

Recognition
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was two with a total number of output elements of fifty-nine. The function did not return any valid pattern recognition events for the selected time horizon. The Upside/Downside Gap Three Methods pattern describes situation where Kangxin New Materials is in a strong bullish mood. It shows bullish continuation trend.

Kangxin New Technical Analysis Modules

Most technical analysis of Kangxin New 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 Kangxin from various momentum indicators to cycle indicators. When you analyze Kangxin 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 Kangxin New 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 Kangxin New Materials. We use our internally-developed statistical techniques to arrive at the intrinsic value of Kangxin New Materials based on widely used predictive technical indicators. In general, we focus on analyzing Kangxin Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Kangxin New's daily price indicators and compare them against related drivers, such as pattern recognition 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 Kangxin New's intrinsic value. In addition to deriving basic predictive indicators for Kangxin New, we also check how macroeconomic factors affect Kangxin New price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.112.235.62
Details
Intrinsic
Valuation
LowRealHigh
0.102.045.43
Details
Naive
Forecast
LowNextHigh
0.042.175.55
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Kangxin New. Your research has to be compared to or analyzed against Kangxin New's peers to derive any actionable benefits. When done correctly, Kangxin New'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 Kangxin New Materials.

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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Kangxin New Materials 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 Kangxin New 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 Kangxin New will appreciate offsetting losses from the drop in the long position's value.

Kangxin New Pair Trading

Kangxin New Materials Pair Trading Analysis

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

Kangxin New financial ratios help investors to determine whether Kangxin 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 Kangxin with respect to the benefits of owning Kangxin New security.