Sun Hung Kai Stock Technical Analysis
| SUHJY Stock | USD 9.01 0.16 1.74% |
As of the 16th of April 2024, Sun Hung has the Variance of 2.31, coefficient of variation of (1,016), and Risk Adjusted Performance of (0.06). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sun Hung Kai, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We are able to break down thirteen technical drivers for Sun Hung Kai, which can be compared to its competition. Please validate Sun Hung Kai market risk adjusted performance and treynor ratio to decide if Sun Hung is priced more or less accurately, providing market reflects its prevalent price of 9.01 per share. Given that Sun Hung Kai has information ratio of (0.14), we advise you to double-check Sun Hung Kai's current market performance to make sure the company can sustain itself at a future point.
Sun Hung Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Sun, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SunSun |
Sun Hung 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.
Sun Hung Kai 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 Sun Hung Kai volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Sun Hung Kai Trend Analysis
Use this graph to draw trend lines for Sun Hung Kai. You can use it to identify possible trend reversals for Sun Hung 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 Sun Hung price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Sun Hung Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Sun Hung Kai applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Sun Hung Kai will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.01, which is the sum of squared deviations for the predicted Sun Hung price change compared to its average price change.About Sun Hung 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 Sun Hung Kai 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 Sun Hung Kai based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Sun Hung Kai price pattern first instead of the macroeconomic environment surrounding Sun Hung Kai. By analyzing Sun Hung'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 Sun Hung'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 Sun Hung specific price patterns or momentum indicators. Please read more on our technical analysis page.
Sun Hung April 16, 2024 Technical Indicators
Most technical analysis of Sun 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 Sun from various momentum indicators to cycle indicators. When you analyze Sun 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.06) | |||
| Market Risk Adjusted Performance | (0.18) | |||
| Mean Deviation | 1.21 | |||
| Coefficient Of Variation | (1,016) | |||
| Standard Deviation | 1.52 | |||
| Variance | 2.31 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.19) | |||
| Maximum Drawdown | 6.97 | |||
| Value At Risk | (2.56) | |||
| Potential Upside | 2.31 | |||
| Skewness | 0.2617 | |||
| Kurtosis | 0.1976 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sun Hung Kai. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Sun Pink Sheet analysis
When running Sun Hung's price analysis, check to measure Sun Hung'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 Sun Hung is operating at the current time. Most of Sun Hung's value examination focuses on studying past and present price action to predict the probability of Sun Hung's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sun Hung's price. Additionally, you may evaluate how the addition of Sun Hung to your portfolios can decrease your overall portfolio volatility.
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