China Xd Plastics Stock Technical Analysis
CXDCDelisted Stock | USD 0 0.00 0.00% |
As of the 17th of April 2024, China XD shows the Downside Deviation of 27.26, mean deviation of 14.41, and Risk Adjusted Performance of 0.0781. China XD Plastics 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 break down nineteen technical drivers for China XD Plastics, which can be compared to its peers. Please confirm China XD Plastics standard deviation, value at risk, kurtosis, as well as the relationship between the jensen alpha and semi variance to decide if China XD Plastics is priced correctly, providing market reflects its regular price of 0.0024 per share. As China XD Plastics appears to be a penny stock we also recommend to validate its total risk alpha numbers.
China XD 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 XD 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, delisted stock market cycles, or different charting patterns.
China XD Plastics Technical Analysis
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.
China XD Plastics Trend Analysis
Use this graph to draw trend lines for China XD Plastics. You can use it to identify possible trend reversals for China XD 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 XD price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.China XD Best Fit Change Line
The following chart estimates an ordinary least squares regression model for China XD Plastics applied against its price change over selected period. The best fit line has a slop of 0.000044 , which means China XD Plastics 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 XD price change compared to its average price change.About China XD 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 XD Plastics 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 XD Plastics based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on China XD Plastics price pattern first instead of the macroeconomic environment surrounding China XD Plastics. By analyzing China XD'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 XD'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 XD specific price patterns or momentum indicators. Please read more on our technical analysis page.
China XD April 17, 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 | 0.0781 | |||
Market Risk Adjusted Performance | (0.52) | |||
Mean Deviation | 14.41 | |||
Semi Deviation | 13.49 | |||
Downside Deviation | 27.26 | |||
Coefficient Of Variation | 923.43 | |||
Standard Deviation | 42.42 | |||
Variance | 1799.11 | |||
Information Ratio | 0.1069 | |||
Jensen Alpha | 5.0 | |||
Total Risk Alpha | 1.35 | |||
Sortino Ratio | 0.1664 | |||
Treynor Ratio | (0.53) | |||
Maximum Drawdown | 392.67 | |||
Value At Risk | (11.54) | |||
Potential Upside | 13.04 | |||
Downside Variance | 743.09 | |||
Semi Variance | 182.07 | |||
Expected Short fall | (34.22) | |||
Skewness | 6.25 | |||
Kurtosis | 46.73 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the China XD Plastics information on this page should be used as a complementary analysis to other China XD'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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Other Consideration for investing in China Stock
If you are still planning to invest in China XD Plastics check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the China XD's history and understand the potential risks before investing.
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