China Eastern Stock Forecast - Daily Balance Of Power
| CEADelisted Stock | USD 19.98 0.00 0.00% |
China Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast China Eastern stock prices and determine the direction of China Eastern Airlines's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of China Eastern's historical fundamentals, such as revenue growth or operating cash flow patterns.
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 income. China |
Most investors in China Eastern cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the China Eastern's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets China Eastern's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of China Eastern Airlines market sensitivity to bulls and bears. It estimates the ability of China Eastern buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring China Eastern Balance of Power indicator one can determine a trend of the price direction.| Check China Eastern Volatility | Backtest China Eastern | Information Ratio |
China Eastern Trading Date Momentum
| On April 19 2024 China Eastern Airlines was traded for 19.98 at the closing time. Highest China Eastern's price during the trading hours was 19.98 and the lowest price during the day was 19.98 . There was no trading activity during the period 0.0. Lack of trading volume on the 19th of April did not affect price variability. The overall trading delta to current price is 0.00% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare China Eastern to competition
China Eastern Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with China Eastern stock to make a market-neutral strategy. Peer analysis of China Eastern could also be used in its relative valuation, which is a method of valuing China Eastern by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
China Eastern Market Strength Events
Market strength indicators help investors to evaluate how China Eastern stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading China Eastern shares will generate the highest return on investment. By undertsting and applying China Eastern stock market strength indicators, traders can identify China Eastern Airlines entry and exit signals to maximize returns.
China Eastern Risk Indicators
The analysis of China Eastern's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in China Eastern's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting china stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.56 | |||
| Standard Deviation | 2.13 | |||
| Variance | 4.52 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with China Eastern
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if China Eastern position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in China Eastern will appreciate offsetting losses from the drop in the long position's value.Moving against China Stock
| 0.72 | DIS | Walt Disney Report 8th of May 2024 | PairCorr |
| 0.67 | CVX | Chevron Corp Earnings Call This Week | PairCorr |
| 0.61 | CAT | Caterpillar Earnings Call This Week | PairCorr |
| 0.59 | TRV | The Travelers Companies Financial Report 18th of July 2024 | PairCorr |
| 0.58 | GE | GE Aerospace Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to China Eastern could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace China Eastern when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back China Eastern - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling China Eastern Airlines to buy it.
The correlation of China Eastern is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as China Eastern moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China Eastern Airlines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for China Eastern can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 income. 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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Other Consideration for investing in China Stock
If you are still planning to invest in China Eastern Airlines 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 Eastern's history and understand the potential risks before investing.
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