PetroChina (China) Statistic Functions Time Series Forecast

601857 Stock   8.03  0.02  0.25%   
PetroChina statistic functions tool provides the execution environment for running the Time Series Forecast function and other technical functions against PetroChina. PetroChina 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 statistic functions indicators. As with most other technical indicators, the Time Series Forecast function function is designed to identify and follow existing trends. PetroChina statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Execute Function
The output start index for this execution was eleven with a total number of output elements of fifty. The Time Series Forecast uses simple linear regression to derive PetroChina best fit line over a given time period and plot it forward over user-defined time period.

PetroChina Technical Analysis Modules

Most technical analysis of PetroChina 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 PetroChina from various momentum indicators to cycle indicators. When you analyze PetroChina 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 PetroChina 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 PetroChina Co Ltd. We use our internally-developed statistical techniques to arrive at the intrinsic value of PetroChina Co Ltd based on widely used predictive technical indicators. In general, we focus on analyzing PetroChina Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build PetroChina's daily price indicators and compare them against related drivers, such as statistic functions 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 PetroChina's intrinsic value. In addition to deriving basic predictive indicators for PetroChina, we also check how macroeconomic factors affect PetroChina price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
5.658.0110.37
Details
Intrinsic
Valuation
LowRealHigh
4.586.949.30
Details
Naive
Forecast
LowNextHigh
6.038.3910.75
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 PetroChina. Your research has to be compared to or analyzed against PetroChina's peers to derive any actionable benefits. When done correctly, PetroChina'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 PetroChina.

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Other Information on Investing in PetroChina Stock

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