Guoguang Electric (China) Technical Analysis
| 688776 Stock | 59.97 1.23 2.09% |
As of the 1st of December, Guoguang Electric retains the Downside Deviation of 4.32, risk adjusted performance of 0.1134, and Market Risk Adjusted Performance of (1.24). Guoguang Electric 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.
Guoguang Electric Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Guoguang, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GuoguangGuoguang |
Guoguang Electric 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.
Guoguang Electric Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Guoguang Electric volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Guoguang Electric Trend Analysis
Use this graph to draw trend lines for Guoguang Electric Co. You can use it to identify possible trend reversals for Guoguang Electric 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 Guoguang Electric price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Guoguang Electric Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Guoguang Electric Co applied against its price change over selected period. The best fit line has a slop of 0.56 , which means Guoguang Electric Co will continue generating value for investors. It has 122 observation points and a regression sum of squares at 11821.63, which is the sum of squared deviations for the predicted Guoguang Electric price change compared to its average price change.About Guoguang Electric 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 Guoguang Electric Co 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 Guoguang Electric Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Guoguang Electric price pattern first instead of the macroeconomic environment surrounding Guoguang Electric. By analyzing Guoguang Electric'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 Guoguang Electric'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 Guoguang Electric specific price patterns or momentum indicators. Please read more on our technical analysis page.
Guoguang Electric December 1, 2024 Technical Indicators
Most technical analysis of Guoguang 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 Guoguang from various momentum indicators to cycle indicators. When you analyze Guoguang 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 | 0.1134 | |||
| Market Risk Adjusted Performance | (1.24) | |||
| Mean Deviation | 4.28 | |||
| Semi Deviation | 4.11 | |||
| Downside Deviation | 4.32 | |||
| Coefficient Of Variation | 729.59 | |||
| Standard Deviation | 5.63 | |||
| Variance | 31.73 | |||
| Information Ratio | 0.1126 | |||
| Jensen Alpha | 0.8398 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.1468 | |||
| Treynor Ratio | (1.25) | |||
| Maximum Drawdown | 30.52 | |||
| Value At Risk | (6.58) | |||
| Potential Upside | 10.86 | |||
| Downside Variance | 18.69 | |||
| Semi Variance | 16.86 | |||
| Expected Short fall | (5.46) | |||
| Skewness | 0.6184 | |||
| Kurtosis | 1.14 |
Complementary Tools for Guoguang Stock analysis
When running Guoguang Electric's price analysis, check to measure Guoguang Electric'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 Guoguang Electric is operating at the current time. Most of Guoguang Electric's value examination focuses on studying past and present price action to predict the probability of Guoguang Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guoguang Electric's price. Additionally, you may evaluate how the addition of Guoguang Electric to your portfolios can decrease your overall portfolio volatility.
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