Hongkong Land Holdings Stock Technical Analysis

HKHGF Stock  USD 3.03  0.01  0.33%   
As of the 25th of April, Hongkong Land retains the Standard Deviation of 1.3, market risk adjusted performance of 0.6866, and Risk Adjusted Performance of (0.08). Hongkong Land technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze and collect data for twelve technical drivers for Hongkong Land Holdings, which can be compared to its competitors. Please check out Hongkong Land Holdings variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and kurtosis to decide if Hongkong Land is priced fairly, providing market reflects its last-minute price of 3.03 per share. Given that Hongkong Land Holdings has total risk alpha of (0.36), we strongly advise you to confirm Hongkong Land Holdings's regular market performance to make sure the company can sustain itself at a future point.

Hongkong Land Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Hongkong, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Hongkong
  
Hongkong Land's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Hongkong Land 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.
A focus of Hongkong Land technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hongkong Land trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Hongkong Land Holdings Technical Analysis

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The output start index for this execution was five with a total number of output elements of fifty-six. 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 Hongkong Land Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Hongkong Land Holdings Trend Analysis

Use this graph to draw trend lines for Hongkong Land Holdings. You can use it to identify possible trend reversals for Hongkong Land 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 Hongkong Land price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Hongkong Land Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Hongkong Land Holdings applied against its price change over selected period. The best fit line has a slop of   0.0057  , which may suggest that Hongkong Land Holdings market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.23, which is the sum of squared deviations for the predicted Hongkong Land price change compared to its average price change.

About Hongkong Land 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 Hongkong Land Holdings 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 Hongkong Land Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Hongkong Land Holdings price pattern first instead of the macroeconomic environment surrounding Hongkong Land Holdings. By analyzing Hongkong Land'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 Hongkong Land'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 Hongkong Land specific price patterns or momentum indicators. Please read more on our technical analysis page.

Hongkong Land April 25, 2024 Technical Indicators

Most technical analysis of Hongkong 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 Hongkong from various momentum indicators to cycle indicators. When you analyze Hongkong 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.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hongkong Land 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 price.
Note that the Hongkong Land Holdings information on this page should be used as a complementary analysis to other Hongkong Land'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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Complementary Tools for Hongkong Pink Sheet analysis

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