China XD Stock Forecast - Daily Balance Of Power
| CXDCDelisted Stock | USD 0 0.00 0.00% |
China Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast China XD stock prices and determine the direction of China XD Plastics's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of China XD'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 unemployment. China |
Most investors in China XD 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 XD's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets China XD's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of China XD Plastics market sensitivity to bulls and bears. It estimates the ability of China XD buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring China XD Balance of Power indicator one can determine a trend of the price direction.| Check China XD Volatility | Backtest China XD | Information Ratio |
China XD Trading Date Momentum
| On April 24 2024 China XD Plastics was traded for 0 at the closing time. The top price for the day was 0 and the lowest listed price was 0 . There was no trading activity during the period 0.0. Lack of trading volume on April 24, 2024 did not affect price variability. The overall trading delta against the current closing 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 XD to competition
China XD 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 XD stock to make a market-neutral strategy. Peer analysis of China XD could also be used in its relative valuation, which is a method of valuing China XD by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
China XD Market Strength Events
Market strength indicators help investors to evaluate how China XD 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 XD shares will generate the highest return on investment. By undertsting and applying China XD stock market strength indicators, traders can identify China XD Plastics entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.0024 | |||
| Day Typical Price | 0.0024 |
China XD Risk Indicators
The analysis of China XD'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 XD'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 | 14.41 | |||
| Semi Deviation | 13.49 | |||
| Standard Deviation | 42.42 | |||
| Variance | 1799.11 | |||
| Downside Variance | 743.09 | |||
| Semi Variance | 182.07 | |||
| Expected Short fall | (34.22) |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards China XD in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, China XD's short interest history, or implied volatility extrapolated from China XD options trading.
Pair Trading with China XD
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 XD 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 XD will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to China XD 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 XD 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 XD - 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 XD Plastics to buy it.
The correlation of China XD 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 XD moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China XD Plastics 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 XD 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 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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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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