Sinopec Shanghai Petrochemical Stock Technical Analysis
SPTJF Stock | USD 0.16 0.02 14.29% |
As of the 22nd of November, Sinopec Shanghai has the Coefficient Of Variation of 859.62, semi deviation of 4.86, and Risk Adjusted Performance of 0.0976. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sinopec Shanghai Pet, as well as the relationship between them. Please validate Sinopec Shanghai Pet variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Sinopec Shanghai is priced more or less accurately, providing market reflects its prevalent price of 0.16 per share. As Sinopec Shanghai Pet appears to be a penny stock we also recommend to double-check its total risk alpha numbers.
Sinopec Shanghai Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Sinopec, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SinopecSinopec |
Sinopec Shanghai 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.
Sinopec Shanghai Pet Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Sinopec Shanghai Pet volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Sinopec Shanghai Pet Trend Analysis
Use this graph to draw trend lines for Sinopec Shanghai Petrochemical. You can use it to identify possible trend reversals for Sinopec Shanghai 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 Sinopec Shanghai price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Sinopec Shanghai Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Sinopec Shanghai Petrochemical applied against its price change over selected period. The best fit line has a slop of 0.0003 , which means Sinopec Shanghai Petrochemical 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 Sinopec Shanghai price change compared to its average price change.About Sinopec Shanghai 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 Sinopec Shanghai Petrochemical 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 Sinopec Shanghai Petrochemical based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Sinopec Shanghai Pet price pattern first instead of the macroeconomic environment surrounding Sinopec Shanghai Pet. By analyzing Sinopec Shanghai'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 Sinopec Shanghai'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 Sinopec Shanghai specific price patterns or momentum indicators. Please read more on our technical analysis page.
Sinopec Shanghai November 22, 2024 Technical Indicators
Most technical analysis of Sinopec 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 Sinopec from various momentum indicators to cycle indicators. When you analyze Sinopec 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 | 0.0976 | |||
Market Risk Adjusted Performance | 1.4 | |||
Mean Deviation | 4.05 | |||
Semi Deviation | 4.86 | |||
Downside Deviation | 13.59 | |||
Coefficient Of Variation | 859.62 | |||
Standard Deviation | 6.98 | |||
Variance | 48.73 | |||
Information Ratio | 0.1006 | |||
Jensen Alpha | 0.7445 | |||
Total Risk Alpha | (0.11) | |||
Sortino Ratio | 0.0517 | |||
Treynor Ratio | 1.39 | |||
Maximum Drawdown | 41.71 | |||
Value At Risk | (7.69) | |||
Potential Upside | 15.38 | |||
Downside Variance | 184.78 | |||
Semi Variance | 23.58 | |||
Expected Short fall | (11.94) | |||
Skewness | (0.14) | |||
Kurtosis | 3.1 |
Complementary Tools for Sinopec Pink Sheet analysis
When running Sinopec Shanghai's price analysis, check to measure Sinopec Shanghai'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 Sinopec Shanghai is operating at the current time. Most of Sinopec Shanghai's value examination focuses on studying past and present price action to predict the probability of Sinopec Shanghai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sinopec Shanghai's price. Additionally, you may evaluate how the addition of Sinopec Shanghai to your portfolios can decrease your overall portfolio volatility.
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