Shenzhen Expressway Stock Technical Analysis
| SHZNF Stock | USD 0.89 0.00 0.00% |
As of the 23rd of November, Shenzhen Expressway has the Coefficient Of Variation of (812.40), variance of 1.03, and Risk Adjusted Performance of (0.09). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Shenzhen Expressway, as well as the relationship between them. Please validate Shenzhen Expressway coefficient of variation and maximum drawdown to decide if Shenzhen Expressway is priced more or less accurately, providing market reflects its prevalent price of 0.89 per share. Given that Shenzhen Expressway is a hitting penny stock territory we recommend to closely look at its information ratio.
Shenzhen Expressway Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Shenzhen, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ShenzhenShenzhen |
Shenzhen Expressway 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.
Shenzhen Expressway 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 Shenzhen Expressway volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Shenzhen Expressway Trend Analysis
Use this graph to draw trend lines for Shenzhen Expressway. You can use it to identify possible trend reversals for Shenzhen Expressway 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 Shenzhen Expressway price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Shenzhen Expressway Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Shenzhen Expressway applied against its price change over selected period. The best fit line has a slop of 0.0018 , which may suggest that Shenzhen Expressway market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.12, which is the sum of squared deviations for the predicted Shenzhen Expressway price change compared to its average price change.About Shenzhen Expressway 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 Shenzhen Expressway 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 Shenzhen Expressway based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Shenzhen Expressway price pattern first instead of the macroeconomic environment surrounding Shenzhen Expressway. By analyzing Shenzhen Expressway'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 Shenzhen Expressway'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 Shenzhen Expressway specific price patterns or momentum indicators. Please read more on our technical analysis page.
Shenzhen Expressway November 23, 2024 Technical Indicators
Most technical analysis of Shenzhen 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 Shenzhen from various momentum indicators to cycle indicators. When you analyze Shenzhen 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 | (0.09) | |||
| Market Risk Adjusted Performance | (16.86) | |||
| Mean Deviation | 0.2461 | |||
| Coefficient Of Variation | (812.40) | |||
| Standard Deviation | 1.02 | |||
| Variance | 1.03 | |||
| Information Ratio | (0.25) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (16.87) | |||
| Maximum Drawdown | 8.25 | |||
| Skewness | (8.12) | |||
| Kurtosis | 66.0 |
Complementary Tools for Shenzhen Pink Sheet analysis
When running Shenzhen Expressway's price analysis, check to measure Shenzhen Expressway'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 Shenzhen Expressway is operating at the current time. Most of Shenzhen Expressway's value examination focuses on studying past and present price action to predict the probability of Shenzhen Expressway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shenzhen Expressway's price. Additionally, you may evaluate how the addition of Shenzhen Expressway to your portfolios can decrease your overall portfolio volatility.
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