Changshu Tongrun (China) Technical Analysis
| 603201 Stock | 18.13 0.17 0.93% |
As of the 23rd of November, Changshu Tongrun shows the risk adjusted performance of 0.0932, and Mean Deviation of 2.64. Changshu Tongrun Auto 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.
Changshu Tongrun Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Changshu, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ChangshuChangshu |
Changshu Tongrun 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.
Changshu Tongrun Auto Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Changshu Tongrun Auto volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Changshu Tongrun Auto Trend Analysis
Use this graph to draw trend lines for Changshu Tongrun Auto. You can use it to identify possible trend reversals for Changshu Tongrun 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 Changshu Tongrun price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Changshu Tongrun Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Changshu Tongrun Auto applied against its price change over selected period. The best fit line has a slop of 0.13 , which means Changshu Tongrun Auto will continue generating value for investors. It has 122 observation points and a regression sum of squares at 607.71, which is the sum of squared deviations for the predicted Changshu Tongrun price change compared to its average price change.About Changshu Tongrun 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 Changshu Tongrun Auto 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 Changshu Tongrun Auto based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Changshu Tongrun Auto price pattern first instead of the macroeconomic environment surrounding Changshu Tongrun Auto. By analyzing Changshu Tongrun'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 Changshu Tongrun'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 Changshu Tongrun specific price patterns or momentum indicators. Please read more on our technical analysis page.
Changshu Tongrun November 23, 2024 Technical Indicators
Most technical analysis of Changshu 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 Changshu from various momentum indicators to cycle indicators. When you analyze Changshu 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 | 0.0932 | |||
| Market Risk Adjusted Performance | (1.21) | |||
| Mean Deviation | 2.64 | |||
| Semi Deviation | 2.86 | |||
| Downside Deviation | 3.34 | |||
| Coefficient Of Variation | 898.95 | |||
| Standard Deviation | 3.65 | |||
| Variance | 13.3 | |||
| Information Ratio | 0.0754 | |||
| Jensen Alpha | 0.4348 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0824 | |||
| Treynor Ratio | (1.22) | |||
| Maximum Drawdown | 17.36 | |||
| Value At Risk | (4.93) | |||
| Potential Upside | 8.36 | |||
| Downside Variance | 11.12 | |||
| Semi Variance | 8.17 | |||
| Expected Short fall | (2.86) | |||
| Skewness | 0.5601 | |||
| Kurtosis | 1.34 |
Complementary Tools for Changshu Stock analysis
When running Changshu Tongrun's price analysis, check to measure Changshu Tongrun'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 Changshu Tongrun is operating at the current time. Most of Changshu Tongrun's value examination focuses on studying past and present price action to predict the probability of Changshu Tongrun's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Changshu Tongrun's price. Additionally, you may evaluate how the addition of Changshu Tongrun to your portfolios can decrease your overall portfolio volatility.
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