New Hope (China) Technical Analysis
| 002946 Stock | 14.47 0.03 0.21% |
As of the 31st of January, New Hope secures the Risk Adjusted Performance of 0.1171, downside deviation of 2.66, and Mean Deviation of 2.28. New Hope Dairy technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices.
New Hope Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as New, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NewNew |
New Hope technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
New Hope Dairy Technical Analysis
The output start index for this execution was fourty-five with a total number of output elements of sixteen. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of New Hope Dairy volatility. High ATR values indicate high volatility, and low values indicate low volatility.
New Hope Dairy Trend Analysis
Use this graph to draw trend lines for New Hope Dairy. You can use it to identify possible trend reversals for New Hope as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual New Hope price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.New Hope Best Fit Change Line
The following chart estimates an ordinary least squares regression model for New Hope Dairy applied against its price change over selected period. The best fit line has a slop of 0.05 , which means New Hope Dairy will continue generating value for investors. It has 122 observation points and a regression sum of squares at 103.87, which is the sum of squared deviations for the predicted New Hope price change compared to its average price change.About New Hope Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of New Hope Dairy on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of New Hope Dairy based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on New Hope Dairy price pattern first instead of the macroeconomic environment surrounding New Hope Dairy. By analyzing New Hope's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of New Hope's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to New Hope specific price patterns or momentum indicators. Please read more on our technical analysis page.
New Hope January 31, 2025 Technical Indicators
Most technical analysis of 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 New from various momentum indicators to cycle indicators. When you analyze New charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1171 | |||
| Market Risk Adjusted Performance | (2.03) | |||
| Mean Deviation | 2.28 | |||
| Semi Deviation | 2.28 | |||
| Downside Deviation | 2.66 | |||
| Coefficient Of Variation | 760.2 | |||
| Standard Deviation | 3.03 | |||
| Variance | 9.17 | |||
| Information Ratio | 0.0986 | |||
| Jensen Alpha | 0.4056 | |||
| Total Risk Alpha | 0.0624 | |||
| Sortino Ratio | 0.1123 | |||
| Treynor Ratio | (2.04) | |||
| Maximum Drawdown | 15.3 | |||
| Value At Risk | (4.18) | |||
| Potential Upside | 5.71 | |||
| Downside Variance | 7.07 | |||
| Semi Variance | 5.21 | |||
| Expected Short fall | (2.47) | |||
| Skewness | 0.6785 | |||
| Kurtosis | 0.689 |
Complementary Tools for New Stock analysis
When running New Hope's price analysis, check to measure New Hope's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy New Hope is operating at the current time. Most of New Hope's value examination focuses on studying past and present price action to predict the probability of New Hope's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Hope's price. Additionally, you may evaluate how the addition of New Hope to your portfolios can decrease your overall portfolio volatility.
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