HeNan Splendor (China) Volume Indicators On Balance Volume

002296 Stock   10.48  0.17  1.60%   
HeNan Splendor volume indicators tool provides the execution environment for running the On Balance Volume indicator and other technical functions against HeNan Splendor. HeNan Splendor 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 volume indicators indicators. As with most other technical indicators, the On Balance Volume indicator function is designed to identify and follow existing trends. HeNan Splendor volume indicators are based on Chaikin accumulation (buying pressure) and distribution (selling pressure) factors to determine the likely sustainability of a given price move.

Indicator
The output start index for this execution was zero with a total number of output elements of sixty-one. The On Balance Volume indicator was developed by Joe Granville to show time series momentum that relates HeNan Splendor Science volume to price change. It can show when HeNan Splendor is accumulated or sold by a large number of investors.

HeNan Splendor Technical Analysis Modules

Most technical analysis of HeNan Splendor 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 HeNan from various momentum indicators to cycle indicators. When you analyze HeNan 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 HeNan Splendor 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 HeNan Splendor Science. We use our internally-developed statistical techniques to arrive at the intrinsic value of HeNan Splendor Science based on widely used predictive technical indicators. In general, we focus on analyzing HeNan Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build HeNan Splendor's daily price indicators and compare them against related drivers, such as volume 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 HeNan Splendor's intrinsic value. In addition to deriving basic predictive indicators for HeNan Splendor, we also check how macroeconomic factors affect HeNan Splendor price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
7.0110.4813.95
Details
Intrinsic
Valuation
LowRealHigh
6.359.8213.29
Details
Naive
Forecast
LowNextHigh
7.7011.1714.64
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.070.070.07
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as HeNan Splendor. Your research has to be compared to or analyzed against HeNan Splendor's peers to derive any actionable benefits. When done correctly, HeNan Splendor'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 HeNan Splendor Science.

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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HeNan Splendor Science 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 HeNan Splendor 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 HeNan Splendor will appreciate offsetting losses from the drop in the long position's value.

HeNan Splendor Pair Trading

HeNan Splendor Science Pair Trading Analysis

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

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