Namchow Food (China) Technical Analysis
605339 Stock | 17.50 0.32 1.80% |
As of the 22nd of November, Namchow Food secures the Risk Adjusted Performance of 0.099, mean deviation of 1.39, and Downside Deviation of 1.68. Namchow Food Group 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.
Namchow Food Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Namchow, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NamchowNamchow |
Namchow Food 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.
Namchow Food Group Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Namchow Food Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Namchow Food Group Trend Analysis
Use this graph to draw trend lines for Namchow Food Group. You can use it to identify possible trend reversals for Namchow Food 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 Namchow Food price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Namchow Food Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Namchow Food Group applied against its price change over selected period. The best fit line has a slop of 0.07 , which means Namchow Food Group will continue generating value for investors. It has 122 observation points and a regression sum of squares at 201.5, which is the sum of squared deviations for the predicted Namchow Food price change compared to its average price change.About Namchow Food 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 Namchow Food Group 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 Namchow Food Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Namchow Food Group price pattern first instead of the macroeconomic environment surrounding Namchow Food Group. By analyzing Namchow Food'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 Namchow Food'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 Namchow Food specific price patterns or momentum indicators. Please read more on our technical analysis page.
Namchow Food November 22, 2024 Technical Indicators
Most technical analysis of Namchow 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 Namchow from various momentum indicators to cycle indicators. When you analyze Namchow 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 | 0.099 | |||
Market Risk Adjusted Performance | (0.53) | |||
Mean Deviation | 1.39 | |||
Semi Deviation | 1.47 | |||
Downside Deviation | 1.68 | |||
Coefficient Of Variation | 821.59 | |||
Standard Deviation | 1.98 | |||
Variance | 3.91 | |||
Information Ratio | 0.0664 | |||
Jensen Alpha | 0.2734 | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | 0.0782 | |||
Treynor Ratio | (0.54) | |||
Maximum Drawdown | 14.67 | |||
Value At Risk | (1.93) | |||
Potential Upside | 3.2 | |||
Downside Variance | 2.82 | |||
Semi Variance | 2.17 | |||
Expected Short fall | (1.58) | |||
Skewness | 0.7354 | |||
Kurtosis | 4.62 |
Complementary Tools for Namchow Stock analysis
When running Namchow Food's price analysis, check to measure Namchow Food'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 Namchow Food is operating at the current time. Most of Namchow Food's value examination focuses on studying past and present price action to predict the probability of Namchow Food's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Namchow Food's price. Additionally, you may evaluate how the addition of Namchow Food to your portfolios can decrease your overall portfolio volatility.
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