Xinke Material (China) Technical Analysis
600255 Stock | 2.35 0.06 2.62% |
As of the 27th of November, Xinke Material maintains the Downside Deviation of 2.75, mean deviation of 2.1, and Market Risk Adjusted Performance of 1.68. Xinke Material technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the company's future prices.
Xinke Material Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Xinke, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to XinkeXinke |
Xinke Material 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.
Xinke Material Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Xinke Material volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Xinke Material Trend Analysis
Use this graph to draw trend lines for Xinke Material. You can use it to identify possible trend reversals for Xinke Material 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 Xinke Material price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Xinke Material Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Xinke Material applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Xinke Material will continue generating value for investors. It has 122 observation points and a regression sum of squares at 6.66, which is the sum of squared deviations for the predicted Xinke Material price change compared to its average price change.About Xinke Material 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 Xinke Material 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 Xinke Material based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Xinke Material price pattern first instead of the macroeconomic environment surrounding Xinke Material. By analyzing Xinke Material'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 Xinke Material'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 Xinke Material specific price patterns or momentum indicators. Please read more on our technical analysis page.
Xinke Material November 27, 2024 Technical Indicators
Most technical analysis of Xinke 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 Xinke from various momentum indicators to cycle indicators. When you analyze Xinke 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 | 0.1259 | |||
Market Risk Adjusted Performance | 1.68 | |||
Mean Deviation | 2.1 | |||
Semi Deviation | 2.28 | |||
Downside Deviation | 2.75 | |||
Coefficient Of Variation | 644.05 | |||
Standard Deviation | 2.76 | |||
Variance | 7.62 | |||
Information Ratio | 0.1087 | |||
Jensen Alpha | 0.389 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | 0.1089 | |||
Treynor Ratio | 1.67 | |||
Maximum Drawdown | 17.74 | |||
Value At Risk | (3.23) | |||
Potential Upside | 4.58 | |||
Downside Variance | 7.59 | |||
Semi Variance | 5.2 | |||
Expected Short fall | (2.66) | |||
Skewness | (0.34) | |||
Kurtosis | 2.34 |
Xinke Material November 27, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Xinke stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 2,113,404 | ||
Daily Balance Of Power | 0.67 | ||
Rate Of Daily Change | 1.03 | ||
Day Median Price | 2.34 | ||
Day Typical Price | 2.34 | ||
Price Action Indicator | 0.05 |
Complementary Tools for Xinke Stock analysis
When running Xinke Material's price analysis, check to measure Xinke Material'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 Xinke Material is operating at the current time. Most of Xinke Material's value examination focuses on studying past and present price action to predict the probability of Xinke Material's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xinke Material's price. Additionally, you may evaluate how the addition of Xinke Material to your portfolios can decrease your overall portfolio volatility.
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