Shandong Weigao Group Stock Technical Analysis
| SHWGY Stock | USD 2.27 0.04 1.79% |
As of the 1st of December, Shandong Weigao has the Coefficient Of Variation of 2142.4, semi deviation of 4.51, and Risk Adjusted Performance of 0.0442. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Shandong Weigao Group, as well as the relationship between them.
Shandong Weigao Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Shandong, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ShandongShandong |
Shandong Weigao 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.
Shandong Weigao Group 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 Shandong Weigao Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Shandong Weigao Group Trend Analysis
Use this graph to draw trend lines for Shandong Weigao Group. You can use it to identify possible trend reversals for Shandong Weigao 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 Shandong Weigao price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Shandong Weigao Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Shandong Weigao Group applied against its price change over selected period. The best fit line has a slop of 0.00005 , which means Shandong Weigao Group 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 Shandong Weigao price change compared to its average price change.About Shandong Weigao 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 Shandong Weigao Group 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 Shandong Weigao Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Shandong Weigao Group price pattern first instead of the macroeconomic environment surrounding Shandong Weigao Group. By analyzing Shandong Weigao'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 Shandong Weigao'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 Shandong Weigao specific price patterns or momentum indicators. Please read more on our technical analysis page.
Shandong Weigao December 1, 2024 Technical Indicators
Most technical analysis of Shandong 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 Shandong from various momentum indicators to cycle indicators. When you analyze Shandong 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.
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0442 | |||
| Market Risk Adjusted Performance | (0.1) | |||
| Mean Deviation | 3.16 | |||
| Semi Deviation | 4.51 | |||
| Downside Deviation | 6.5 | |||
| Coefficient Of Variation | 2142.4 | |||
| Standard Deviation | 5.12 | |||
| Variance | 26.26 | |||
| Information Ratio | 0.0198 | |||
| Jensen Alpha | 0.5037 | |||
| Total Risk Alpha | (0.63) | |||
| Sortino Ratio | 0.0156 | |||
| Treynor Ratio | (0.11) | |||
| Maximum Drawdown | 29.15 | |||
| Value At Risk | (9.13) | |||
| Potential Upside | 9.6 | |||
| Downside Variance | 42.26 | |||
| Semi Variance | 20.31 | |||
| Expected Short fall | (3.96) | |||
| Skewness | 0.3146 | |||
| Kurtosis | 2.26 |
Additional Tools for Shandong Pink Sheet Analysis
When running Shandong Weigao's price analysis, check to measure Shandong Weigao'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 Shandong Weigao is operating at the current time. Most of Shandong Weigao's value examination focuses on studying past and present price action to predict the probability of Shandong Weigao's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shandong Weigao's price. Additionally, you may evaluate how the addition of Shandong Weigao to your portfolios can decrease your overall portfolio volatility.