Shanghai Fosun Pharmaceutical Stock Technical Analysis

SFOSF Stock  USD 1.53  0.00  0.00%   
As of the 24th of April, Shanghai Fosun has the Variance of 11.29, coefficient of variation of (1,082), and Risk Adjusted Performance of (0.05). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Shanghai Fosun Pharm, 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 interpolate and collect thirteen technical drivers for Shanghai Fosun Pharmaceutical, which can be compared to its competition. Please validate Shanghai Fosun Pharm mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and kurtosis to decide if Shanghai Fosun is priced more or less accurately, providing market reflects its prevalent price of 1.53 per share. Please also confirm Shanghai Fosun Pharmaceutical jensen alpha, which is currently at (0.33) to double-check the company can sustain itself at a future point.

Shanghai Fosun Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Shanghai, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Shanghai
  
Shanghai Fosun'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.
Shanghai Fosun 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 Shanghai Fosun technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Shanghai Fosun 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...

Shanghai Fosun Pharm Technical Analysis

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The output start index for this execution was eight with a total number of output elements of fifty-three. 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 Shanghai Fosun Pharm volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Shanghai Fosun Pharm Trend Analysis

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

Shanghai Fosun Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Shanghai Fosun Pharmaceutical applied against its price change over selected period. The best fit line has a slop of   0.0048  , which may suggest that Shanghai Fosun Pharmaceutical market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.88, which is the sum of squared deviations for the predicted Shanghai Fosun price change compared to its average price change.

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

Shanghai Fosun April 24, 2024 Technical Indicators

Most technical analysis of Shanghai 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 Shanghai from various momentum indicators to cycle indicators. When you analyze Shanghai 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Shanghai Fosun Pharmaceutical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Shanghai Pink Sheet analysis

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