China Citic Bank Stock Technical Analysis
CHBJFDelisted Stock | USD 0.59 0.00 0.00% |
As of the 22nd of November, China CITIC shows the Mean Deviation of 1.12, risk adjusted performance of 0.1213, and Standard Deviation of 3.9. China CITIC Bank 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 China CITIC Bank coefficient of variation, total risk alpha, as well as the relationship between the Total Risk Alpha and skewness to decide if China CITIC Bank is priced correctly, providing market reflects its regular price of 0.59 per share. As China CITIC Bank is a penny stock we also strongly suggest to validate its information ratio numbers.
China CITIC Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as China, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ChinaChina |
China CITIC technical pink sheet 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, pink sheet market cycles, or different charting patterns.
China CITIC Bank Technical Analysis
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.
China CITIC Bank Trend Analysis
Use this graph to draw trend lines for China CITIC Bank. You can use it to identify possible trend reversals for China CITIC 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 China CITIC price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.China CITIC Best Fit Change Line
The following chart estimates an ordinary least squares regression model for China CITIC Bank applied against its price change over selected period. The best fit line has a slop of 0 , which means China CITIC Bank will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.04, which is the sum of squared deviations for the predicted China CITIC price change compared to its average price change.About China CITIC 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 China CITIC Bank 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 China CITIC Bank based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on China CITIC Bank price pattern first instead of the macroeconomic environment surrounding China CITIC Bank. By analyzing China CITIC'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 China CITIC'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 China CITIC specific price patterns or momentum indicators. Please read more on our technical analysis page.
China CITIC November 22, 2024 Technical Indicators
Most technical analysis of China 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 China from various momentum indicators to cycle indicators. When you analyze China 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 | 0.1213 | |||
Market Risk Adjusted Performance | 2.76 | |||
Mean Deviation | 1.12 | |||
Coefficient Of Variation | 673.43 | |||
Standard Deviation | 3.9 | |||
Variance | 15.21 | |||
Information Ratio | 0.1204 | |||
Jensen Alpha | 0.5486 | |||
Total Risk Alpha | 0.0605 | |||
Treynor Ratio | 2.75 | |||
Maximum Drawdown | 30.95 | |||
Skewness | 7.57 | |||
Kurtosis | 59.06 |
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 inflation. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Other Consideration for investing in China Pink Sheet
If you are still planning to invest in China CITIC Bank 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 China CITIC's history and understand the potential risks before investing.
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Stocks Directory Find actively traded stocks across global markets |