Hongda (China) Technical Analysis
| 600331 Stock | 15.31 0.41 2.75% |
As of the 28th of January, Hongda retains the Market Risk Adjusted Performance of 6.62, downside deviation of 2.8, and Risk Adjusted Performance of 0.1631. Hongda technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.
Hongda Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Hongda, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HongdaHongda |
Hongda 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Hongda's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Hongda.
| 10/30/2025 |
| 01/28/2026 |
If you would invest 0.00 in Hongda on October 30, 2025 and sell it all today you would earn a total of 0.00 from holding Hongda or generate 0.0% return on investment in Hongda over 90 days. Hongda is related to or competes with Tongling Nonferrous, Ye Chiu, Pengxin International, CITIC Metal, Western Metal, Sino-Platinum Metals, and Ningxia Younglight. More
Hongda Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Hongda's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Hongda upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.8 | |||
| Information Ratio | 0.1837 | |||
| Maximum Drawdown | 15.45 | |||
| Value At Risk | (3.72) | |||
| Potential Upside | 5.15 |
Hongda Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hongda's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hongda's standard deviation. In reality, there are many statistical measures that can use Hongda historical prices to predict the future Hongda's volatility.| Risk Adjusted Performance | 0.1631 | |||
| Jensen Alpha | 0.5451 | |||
| Total Risk Alpha | 0.3171 | |||
| Sortino Ratio | 0.1737 | |||
| Treynor Ratio | 6.61 |
Hongda January 28, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1631 | |||
| Market Risk Adjusted Performance | 6.62 | |||
| Mean Deviation | 1.98 | |||
| Semi Deviation | 2.3 | |||
| Downside Deviation | 2.8 | |||
| Coefficient Of Variation | 471.75 | |||
| Standard Deviation | 2.64 | |||
| Variance | 6.99 | |||
| Information Ratio | 0.1837 | |||
| Jensen Alpha | 0.5451 | |||
| Total Risk Alpha | 0.3171 | |||
| Sortino Ratio | 0.1737 | |||
| Treynor Ratio | 6.61 | |||
| Maximum Drawdown | 15.45 | |||
| Value At Risk | (3.72) | |||
| Potential Upside | 5.15 | |||
| Downside Variance | 7.82 | |||
| Semi Variance | 5.3 | |||
| Expected Short fall | (2.18) | |||
| Skewness | (0.13) | |||
| Kurtosis | 1.2 |
Hongda Backtested Returns
Hongda appears to be not too volatile, given 3 months investment horizon. Hongda holds Efficiency (Sharpe) Ratio of 0.21, which attests that the entity had a 0.21 % return per unit of risk over the last 3 months. By evaluating Hongda's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please utilize Hongda's Market Risk Adjusted Performance of 6.62, downside deviation of 2.8, and Risk Adjusted Performance of 0.1631 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hongda holds a performance score of 16. The company retains a Market Volatility (i.e., Beta) of 0.0833, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hongda's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hongda is expected to be smaller as well. Please check Hongda's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Hongda's current trending patterns will revert.
Auto-correlation | 0.20 |
Weak predictability
Hongda has weak predictability. Overlapping area represents the amount of predictability between Hongda time series from 30th of October 2025 to 14th of December 2025 and 14th of December 2025 to 28th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hongda price movement. The serial correlation of 0.2 indicates that over 20.0% of current Hongda price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 1.13 |
Hongda 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.
Hongda 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 Hongda volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About Hongda 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 Hongda 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 Hongda based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Hongda price pattern first instead of the macroeconomic environment surrounding Hongda. By analyzing Hongda'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 Hongda'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 Hongda specific price patterns or momentum indicators. Please read more on our technical analysis page.
Hongda January 28, 2026 Technical Indicators
Most technical analysis of Hongda 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 Hongda from various momentum indicators to cycle indicators. When you analyze Hongda 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 | 0.1631 | |||
| Market Risk Adjusted Performance | 6.62 | |||
| Mean Deviation | 1.98 | |||
| Semi Deviation | 2.3 | |||
| Downside Deviation | 2.8 | |||
| Coefficient Of Variation | 471.75 | |||
| Standard Deviation | 2.64 | |||
| Variance | 6.99 | |||
| Information Ratio | 0.1837 | |||
| Jensen Alpha | 0.5451 | |||
| Total Risk Alpha | 0.3171 | |||
| Sortino Ratio | 0.1737 | |||
| Treynor Ratio | 6.61 | |||
| Maximum Drawdown | 15.45 | |||
| Value At Risk | (3.72) | |||
| Potential Upside | 5.15 | |||
| Downside Variance | 7.82 | |||
| Semi Variance | 5.3 | |||
| Expected Short fall | (2.18) | |||
| Skewness | (0.13) | |||
| Kurtosis | 1.2 |
Hongda January 28, 2026 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 Hongda 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 | 4,078,097 | ||
| Daily Balance Of Power | 0.55 | ||
| Rate Of Daily Change | 1.03 | ||
| Day Median Price | 15.08 | ||
| Day Typical Price | 15.15 | ||
| Price Action Indicator | 0.44 |
Complementary Tools for Hongda Stock analysis
When running Hongda's price analysis, check to measure Hongda'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 Hongda is operating at the current time. Most of Hongda's value examination focuses on studying past and present price action to predict the probability of Hongda's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hongda's price. Additionally, you may evaluate how the addition of Hongda to your portfolios can decrease your overall portfolio volatility.
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