Chindata Group Holdings Stock Technical Analysis

CDDelisted Stock  USD 7.90  0.05  0.64%   
As of the 26th of November, Chindata Group shows the Mean Deviation of 2.23, downside deviation of 2.65, and Risk Adjusted Performance of 0.0776. Chindata Group Holdings 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. Please confirm Chindata Group Holdings coefficient of variation, jensen alpha, potential upside, as well as the relationship between the variance and maximum drawdown to decide if Chindata Group Holdings is priced correctly, providing market reflects its regular price of 7.9 per share. Given that Chindata Group has jensen alpha of 0.2859, we suggest you to validate Chindata Group Holdings's prevailing market performance to make sure the company can sustain itself at a future point.

Chindata Group Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Chindata, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Chindata
  
Chindata Group's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Chindata Group 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, delisted stock market cycles, or different charting patterns.
A focus of Chindata Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Chindata Group trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Chindata Group Holdings Technical Analysis

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Chindata Group Holdings Trend Analysis

Use this graph to draw trend lines for Chindata Group Holdings. You can use it to identify possible trend reversals for Chindata Group 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 Chindata Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Chindata Group Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Chindata Group Holdings applied against its price change over selected period. The best fit line has a slop of   0.04  , which suggests that Chindata Group Holdings will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 73.16, which is the sum of squared deviations for the predicted Chindata Group price change compared to its average price change.

About Chindata Group 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 Chindata Group Holdings 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 Chindata Group Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Chindata Group Holdings price pattern first instead of the macroeconomic environment surrounding Chindata Group Holdings. By analyzing Chindata Group'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 Chindata Group'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 Chindata Group specific price patterns or momentum indicators. Please read more on our technical analysis page.

Chindata Group November 26, 2024 Technical Indicators

Most technical analysis of Chindata 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 Chindata from various momentum indicators to cycle indicators. When you analyze Chindata 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.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Other Consideration for investing in Chindata Stock

If you are still planning to invest in Chindata Group Holdings check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Chindata Group's history and understand the potential risks before investing.
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