PetroChina Company (Germany) Technical Analysis
PC6 Stock | EUR 0.69 0.02 2.99% |
As of the 25th of November, PetroChina Company holds the Semi Deviation of 2.59, coefficient of variation of 1006.94, and Risk Adjusted Performance of 0.0849. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of PetroChina Company, as well as the relationship between them. Please check PetroChina Limited treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside to decide if PetroChina Limited is priced some-what accurately, providing market reflects its current price of 0.69 per share.
PetroChina Company Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as PetroChina, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PetroChinaPetroChina |
PetroChina Company 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.
PetroChina Limited Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 PetroChina Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility.
PetroChina Limited Trend Analysis
Use this graph to draw trend lines for PetroChina Company Limited. You can use it to identify possible trend reversals for PetroChina Company 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 PetroChina Company price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.PetroChina Company Best Fit Change Line
The following chart estimates an ordinary least squares regression model for PetroChina Company Limited applied against its price change over selected period. The best fit line has a slop of 0 , which means PetroChina Company Limited will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.14, which is the sum of squared deviations for the predicted PetroChina Company price change compared to its average price change.About PetroChina Company 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 PetroChina Company Limited 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 PetroChina Company Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on PetroChina Limited price pattern first instead of the macroeconomic environment surrounding PetroChina Limited. By analyzing PetroChina Company'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 PetroChina Company'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 PetroChina Company specific price patterns or momentum indicators. Please read more on our technical analysis page.
PetroChina Company November 25, 2024 Technical Indicators
Most technical analysis of PetroChina 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 PetroChina from various momentum indicators to cycle indicators. When you analyze PetroChina 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 | 0.0849 | |||
Market Risk Adjusted Performance | 2.44 | |||
Mean Deviation | 2.91 | |||
Semi Deviation | 2.59 | |||
Downside Deviation | 3.57 | |||
Coefficient Of Variation | 1006.94 | |||
Standard Deviation | 6.21 | |||
Variance | 38.53 | |||
Information Ratio | 0.0782 | |||
Jensen Alpha | 0.5763 | |||
Total Risk Alpha | (0.37) | |||
Sortino Ratio | 0.136 | |||
Treynor Ratio | 2.43 | |||
Maximum Drawdown | 53.09 | |||
Value At Risk | (5.06) | |||
Potential Upside | 6.67 | |||
Downside Variance | 12.74 | |||
Semi Variance | 6.69 | |||
Expected Short fall | (4.45) | |||
Skewness | 5.5 | |||
Kurtosis | 39.03 |
Complementary Tools for PetroChina Stock analysis
When running PetroChina Company's price analysis, check to measure PetroChina Company'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 PetroChina Company is operating at the current time. Most of PetroChina Company's value examination focuses on studying past and present price action to predict the probability of PetroChina Company's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PetroChina Company's price. Additionally, you may evaluate how the addition of PetroChina Company to your portfolios can decrease your overall portfolio volatility.
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