Bank of China Pink Sheet Forecast - Relative Strength Index
| BACHY Stock | USD 11.69 0.16 1.35% |
Bank Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Bank of China stock prices and determine the direction of Bank of China's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Bank of China's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Bank of China to cross-verify your projections. Bank |
Most investors in Bank of China cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Bank of China's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Bank of China's price structures and extracts relationships that further increase the generated results' accuracy.
| Previous Relative Strength Index | Relative Strength Index | Trend |
| 68.64 | 68.64 |
| Check Bank of China Volatility | Backtest Bank of China | Information Ratio |
Bank of China Trading Date Momentum
| On May 16 2024 Bank of China was traded for 11.69 at the closing time. The highest daily price throughout the period was 12.00 and the lowest price was 11.37 . There was no trading activity during the period 0.0. Lack of trading volume on 05/16/2024 did not affect price variability. The overall trading delta to current closing price is 2.65% . |
| Compare Bank of China to competition |
Other Forecasting Options for Bank of China
For every potential investor in Bank, whether a beginner or expert, Bank of China's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Bank Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Bank. Basic forecasting techniques help filter out the noise by identifying Bank of China's price trends.View Bank of China Related Equities
| Risk & Return | Correlation |
Bank of China Technical and Predictive Analytics
The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Bank of China's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Bank of China's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Bank of China Market Strength Events
Market strength indicators help investors to evaluate how Bank of China pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bank of China shares will generate the highest return on investment. By undertsting and applying Bank of China pink sheet market strength indicators, traders can identify Bank of China entry and exit signals to maximize returns.
Bank of China Risk Indicators
The analysis of Bank of China's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Bank of China's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bank pink sheet prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.9105 | |||
| Semi Deviation | 0.8577 | |||
| Standard Deviation | 1.26 | |||
| Variance | 1.59 | |||
| Downside Variance | 1.69 | |||
| Semi Variance | 0.7356 | |||
| Expected Short fall | (1.06) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bank of China in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bank of China's short interest history, or implied volatility extrapolated from Bank of China options trading.
Pair Trading with Bank of China
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bank of China position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bank of China will appreciate offsetting losses from the drop in the long position's value.Moving against Bank Pink Sheet
| 0.52 | WFC-PY | Wells Fargo | PairCorr |
| 0.47 | COCXF | Chocoladefabriken Lindt | PairCorr |
| 0.42 | FINN | First National Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Bank of China could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank of China when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bank of China - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bank of China to buy it.
The correlation of Bank of China is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank of China moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank of China moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bank of China can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Bank of China to cross-verify your projections. Note that the Bank of China information on this page should be used as a complementary analysis to other Bank of China's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Bank Pink Sheet analysis
When running Bank of China's price analysis, check to measure Bank of China'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 Bank of China is operating at the current time. Most of Bank of China's value examination focuses on studying past and present price action to predict the probability of Bank of China's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of China's price. Additionally, you may evaluate how the addition of Bank of China to your portfolios can decrease your overall portfolio volatility.
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