China Medicine Stock Technical Analysis
| CHME Stock | USD 0.0002 0.0001 100.00% |
As of the 30th of November, China Medicine shows the Mean Deviation of 2.98, standard deviation of 12.31, and Risk Adjusted Performance of 0.1035. China Medicine 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 Medicine coefficient of variation, total risk alpha, as well as the relationship between the Total Risk Alpha and skewness to decide if China Medicine is priced correctly, providing market reflects its regular price of 2.0E-4 per share. As China Medicine appears to be a penny stock we also recommend to validate its information ratio numbers.
China Medicine 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 Medicine 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 Medicine 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 China Medicine volatility. High ATR values indicate high volatility, and low values indicate low volatility.
China Medicine Trend Analysis
Use this graph to draw trend lines for China Medicine. You can use it to identify possible trend reversals for China Medicine 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 Medicine price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.China Medicine Best Fit Change Line
The following chart estimates an ordinary least squares regression model for China Medicine applied against its price change over selected period. The best fit line has a slop of 0.00000243 , which means China Medicine will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted China Medicine price change compared to its average price change.About China Medicine 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 Medicine 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 Medicine based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on China Medicine price pattern first instead of the macroeconomic environment surrounding China Medicine. By analyzing China Medicine'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 Medicine'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 Medicine specific price patterns or momentum indicators. Please read more on our technical analysis page.
China Medicine November 30, 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 | 0.1035 | |||
| Market Risk Adjusted Performance | (1.21) | |||
| Mean Deviation | 2.98 | |||
| Coefficient Of Variation | 812.4 | |||
| Standard Deviation | 12.31 | |||
| Variance | 151.52 | |||
| Information Ratio | 0.1119 | |||
| Jensen Alpha | 1.66 | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (1.22) | |||
| Maximum Drawdown | 100.0 | |||
| Skewness | 8.12 | |||
| Kurtosis | 66.0 |
Complementary Tools for China Pink Sheet analysis
When running China Medicine's price analysis, check to measure China Medicine'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 China Medicine is operating at the current time. Most of China Medicine's value examination focuses on studying past and present price action to predict the probability of China Medicine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Medicine's price. Additionally, you may evaluate how the addition of China Medicine to your portfolios can decrease your overall portfolio volatility.
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |