As of 20 of March China Resources shows Risk Adjusted Performance of 0.1082, Downside Deviation of 2.67 and Mean Deviation of 1.84. China Resources Beer 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 future prices. In plain English 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 found nineteen technical drivers for China Resources Beer Company Limited which can be compared to its rivals. Please confirm China Resources Beer Downside Deviation, Standard Deviation, Information Ratio, as well as the relationship between Coefficient Of Variation and Variance to decide if China Resources Beer is priced correctly providing market reflects its regular price of 3.48 per share.
|Horizon||30 Days Login to change|
China Resources Beer Technical Analysis
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China Resources Beer Trend AnalysisUse this graph to draw trend lines for China Resources Beer Company Limited. You can use it to identify possible trend reversals for China Resources 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 Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
China Resources Best Fit Change LineThe following chart estimates an ordinary least squares regression model for China Resources Beer Company Limited applied against its price change over selected period. The best fit line has a slop of 0.009314 % which means China Resources Beer Company Limited will continue generating value for investors. It has 78 observation points and a regression sum of squares at 0.86, which is the sum of squared deviations for the predicted China Resources price change compared to its average price change.
|Risk Adjusted Performance||0.1082|
|Market Risk Adjusted Performance||(0.79)|
|Coefficient Of Variation||666.93|
|Total Risk Alpha||(0.21)|
|Value At Risk||(2.59)|
|Expected Short fall||(2.11)|