China Eastern (Germany) Technical Analysis
| CIAH Stock | EUR 0.23 0.00 0.00% |
As of the 12th of May 2024, China Eastern shows the Downside Deviation of 6.35, risk adjusted performance of 0.0308, and Mean Deviation of 2.06. China Eastern Airlines technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze nineteen technical drivers for China Eastern Airlines, which can be compared to its peers. Please confirm China Eastern Airlines downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if China Eastern Airlines is priced correctly, providing market reflects its regular price of 0.23 per share.
China Eastern Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as China, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ChinaChina |
China Eastern technical stock 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, stock market cycles, or different charting patterns.
China Eastern Airlines Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 China Eastern Airlines volatility. High ATR values indicate high volatility, and low values indicate low volatility.
China Eastern Airlines Trend Analysis
Use this graph to draw trend lines for China Eastern Airlines. You can use it to identify possible trend reversals for China Eastern 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 China Eastern price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.China Eastern Best Fit Change Line
The following chart estimates an ordinary least squares regression model for China Eastern Airlines applied against its price change over selected period. The best fit line has a slop of 0.0001 , which means China Eastern Airlines 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 China Eastern price change compared to its average price change.About China Eastern 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 China Eastern Airlines 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 China Eastern Airlines based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on China Eastern Airlines price pattern first instead of the macroeconomic environment surrounding China Eastern Airlines. By analyzing China Eastern'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 China Eastern'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 China Eastern specific price patterns or momentum indicators. Please read more on our technical analysis page.
China Eastern May 12, 2024 Technical Indicators
Most technical analysis of China 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 China from various momentum indicators to cycle indicators. When you analyze China 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 | 0.0308 | |||
| Market Risk Adjusted Performance | (0.25) | |||
| Mean Deviation | 2.06 | |||
| Semi Deviation | 2.73 | |||
| Downside Deviation | 6.35 | |||
| Coefficient Of Variation | 2736.85 | |||
| Standard Deviation | 3.61 | |||
| Variance | 13.04 | |||
| Information Ratio | 0.0135 | |||
| Jensen Alpha | 0.1565 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.0077 | |||
| Treynor Ratio | (0.26) | |||
| Maximum Drawdown | 21.59 | |||
| Value At Risk | (4.55) | |||
| Potential Upside | 4.76 | |||
| Downside Variance | 40.31 | |||
| Semi Variance | 7.47 | |||
| Expected Short fall | (5.79) | |||
| Skewness | (0.16) | |||
| Kurtosis | 2.58 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Eastern Airlines. 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 China Eastern Airlines information on this page should be used as a complementary analysis to other China Eastern'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 Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for China Stock analysis
When running China Eastern's price analysis, check to measure China Eastern'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 China Eastern is operating at the current time. Most of China Eastern's value examination focuses on studying past and present price action to predict the probability of China Eastern's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Eastern's price. Additionally, you may evaluate how the addition of China Eastern to your portfolios can decrease your overall portfolio volatility.
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