Bank Of China Stock Technical Analysis
BACHF Stock | USD 0.45 0.02 4.65% |
As of the 25th of April, Bank of China shows the Risk Adjusted Performance of 0.0612, downside deviation of 5.21, and Mean Deviation of 1.8. Bank of China 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's future prices. Put another way, 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 have analyze and collected data for nineteen technical drivers for Bank of China, which can be compared to its peers. Please confirm Bank of China information ratio and the relationship between the maximum drawdown and skewness to decide if Bank of China is priced correctly, providing market reflects its regular price of 0.45 per share. As Bank of China is a penny stock we also strongly suggest to validate its total risk alpha numbers.
Bank of China Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Bank, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BankBank |
Bank of China 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.
Bank of China Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Bank of China volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Bank of China Trend Analysis
Use this graph to draw trend lines for Bank of China. You can use it to identify possible trend reversals for Bank of China 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 Bank of China price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Bank of China Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Bank of China applied against its price change over selected period. The best fit line has a slop of 0.0009 , which means Bank of China will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted Bank of China price change compared to its average price change.About Bank of China 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 Bank of China 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 Bank of China based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Bank of China price pattern first instead of the macroeconomic environment surrounding Bank of China. By analyzing Bank of China'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 Bank of China'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 Bank of China specific price patterns or momentum indicators. Please read more on our technical analysis page.
Bank of China April 25, 2024 Technical Indicators
Most technical analysis of Bank 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 Bank from various momentum indicators to cycle indicators. When you analyze Bank 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 | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0612 | |||
Market Risk Adjusted Performance | (1.14) | |||
Mean Deviation | 1.8 | |||
Semi Deviation | 2.08 | |||
Downside Deviation | 5.21 | |||
Coefficient Of Variation | 1171.23 | |||
Standard Deviation | 3.09 | |||
Variance | 9.53 | |||
Information Ratio | 0.0545 | |||
Jensen Alpha | 0.2724 | |||
Total Risk Alpha | (0.17) | |||
Sortino Ratio | 0.0323 | |||
Treynor Ratio | (1.15) | |||
Maximum Drawdown | 19.12 | |||
Value At Risk | (4.88) | |||
Potential Upside | 5.13 | |||
Downside Variance | 27.11 | |||
Semi Variance | 4.33 | |||
Expected Short fall | (5.22) | |||
Skewness | 0.4079 | |||
Kurtosis | 2.85 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of China. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Bank of China information on this page should be used as a complementary analysis to other Bank of China'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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Bank Pink Sheet analysis
When running Bank of China's price analysis, check to measure Bank of China'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 Bank of China is operating at the current time. Most of Bank of China's value examination focuses on studying past and present price action to predict the probability of Bank of China's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of China's price. Additionally, you may evaluate how the addition of Bank of China to your portfolios can decrease your overall portfolio volatility.
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
CEOs Directory Screen CEOs from public companies around the world | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |