Citic Resources Holdings Stock Statistic Functions Variance

CTJHY Stock  USD 12.06  0.23  1.87%   
CITIC Resources statistic functions tool provides the execution environment for running the Variance function and other technical functions against CITIC Resources. CITIC Resources value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Variance function function is designed to identify and follow existing trends. CITIC Resources statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period and Deviations to execute this module.

Function
Time Period
Deviations
Execute Function
The output start index for this execution was seven with a total number of output elements of fifty-four. CITIC Resources Holdings Variance is a measurement of the price spread between periods of CITIC Resources price series.

CITIC Resources Technical Analysis Modules

Most technical analysis of CITIC Resources 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 CITIC from various momentum indicators to cycle indicators. When you analyze CITIC charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About CITIC Resources Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CITIC Resources Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of CITIC Resources Holdings based on widely used predictive technical indicators. In general, we focus on analyzing CITIC Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CITIC Resources's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of CITIC Resources's intrinsic value. In addition to deriving basic predictive indicators for CITIC Resources, we also check how macroeconomic factors affect CITIC Resources price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CITIC Resources' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
8.9712.0615.15
Details
Intrinsic
Valuation
LowRealHigh
10.3113.4016.49
Details
Naive
Forecast
LowNextHigh
9.6812.7715.85
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
11.5811.9212.27
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as CITIC Resources. Your research has to be compared to or analyzed against CITIC Resources' peers to derive any actionable benefits. When done correctly, CITIC Resources' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in CITIC Resources Holdings.

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CITIC Resources Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the CITIC Resources Holdings information on this page should be used as a complementary analysis to other CITIC Resources' 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 Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for CITIC Pink Sheet analysis

When running CITIC Resources' price analysis, check to measure CITIC Resources' 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 CITIC Resources is operating at the current time. Most of CITIC Resources' value examination focuses on studying past and present price action to predict the probability of CITIC Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CITIC Resources' price. Additionally, you may evaluate how the addition of CITIC Resources to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between CITIC Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if CITIC Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CITIC Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.