Cofoe Medical (China) Technical Analysis
| 301087 Stock | 33.70 0.08 0.24% |
As of the 31st of January, Cofoe Medical shows the mean deviation of 1.25, and Risk Adjusted Performance of (0.10). Cofoe Medical Technology technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.
Cofoe Medical Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Cofoe, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CofoeCofoe |
Cofoe Medical 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.
Cofoe Medical Technology Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Cofoe Medical Technology volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Cofoe Medical Technology Trend Analysis
Use this graph to draw trend lines for Cofoe Medical Technology. You can use it to identify possible trend reversals for Cofoe Medical 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 Cofoe Medical price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Cofoe Medical Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Cofoe Medical Technology applied against its price change over selected period. The best fit line has a slop of 0.11 , which may suggest that Cofoe Medical Technology market price will keep on failing further. It has 122 observation points and a regression sum of squares at 427.78, which is the sum of squared deviations for the predicted Cofoe Medical price change compared to its average price change.About Cofoe Medical 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 Cofoe Medical Technology 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 Cofoe Medical Technology based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Cofoe Medical Technology price pattern first instead of the macroeconomic environment surrounding Cofoe Medical Technology. By analyzing Cofoe Medical'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 Cofoe Medical'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 Cofoe Medical specific price patterns or momentum indicators. Please read more on our technical analysis page.
Cofoe Medical January 31, 2025 Technical Indicators
Most technical analysis of Cofoe 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 Cofoe from various momentum indicators to cycle indicators. When you analyze Cofoe 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 | (0.10) | |||
| Market Risk Adjusted Performance | 0.9972 | |||
| Mean Deviation | 1.25 | |||
| Coefficient Of Variation | (789.44) | |||
| Standard Deviation | 1.65 | |||
| Variance | 2.71 | |||
| Information Ratio | (0.19) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | 0.9872 | |||
| Maximum Drawdown | 8.0 | |||
| Value At Risk | (2.60) | |||
| Potential Upside | 2.81 | |||
| Skewness | 0.043 | |||
| Kurtosis | 0.5751 |
Complementary Tools for Cofoe Stock analysis
When running Cofoe Medical's price analysis, check to measure Cofoe Medical'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 Cofoe Medical is operating at the current time. Most of Cofoe Medical's value examination focuses on studying past and present price action to predict the probability of Cofoe Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cofoe Medical's price. Additionally, you may evaluate how the addition of Cofoe Medical to your portfolios can decrease your overall portfolio volatility.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |