Boc Hong Kong Stock Technical Analysis
| BNKHF Stock | USD 2.83 0.00 0.00% |
As of the 16th of April 2024, BOC Hong owns the variance of 4.68, and Market Risk Adjusted Performance of 1.17. BOC Hong Kong technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We have analyze and collected data for eleven technical drivers for BOC Hong, which can be compared to its peers in the sector. Please confirm BOC Hong Kong coefficient of variation, as well as the relationship between the total risk alpha and skewness to decide if BOC Hong Kong is priced correctly, providing market reflects its prevailing price of 2.83 per share. Please also double-check BOC Hong information ratio, which is currently at 0.046 to validate the company can sustain itself in the future.
BOC Hong Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as BOC, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BOCBOC |
BOC Hong 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.
BOC Hong Kong Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 BOC Hong Kong volatility. High ATR values indicate high volatility, and low values indicate low volatility.
BOC Hong Kong Trend Analysis
Use this graph to draw trend lines for BOC Hong Kong. You can use it to identify possible trend reversals for BOC Hong 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 BOC Hong price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.BOC Hong Best Fit Change Line
The following chart estimates an ordinary least squares regression model for BOC Hong Kong applied against its price change over selected period. The best fit line has a slop of 0.01 , which means BOC Hong Kong will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3.23, which is the sum of squared deviations for the predicted BOC Hong price change compared to its average price change.About BOC Hong 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 BOC Hong Kong 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 BOC Hong Kong based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on BOC Hong Kong price pattern first instead of the macroeconomic environment surrounding BOC Hong Kong. By analyzing BOC Hong'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 BOC Hong'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 BOC Hong specific price patterns or momentum indicators. Please read more on our technical analysis page.
BOC Hong April 16, 2024 Technical Indicators
Most technical analysis of BOC 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 BOC from various momentum indicators to cycle indicators. When you analyze BOC 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.
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| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | 0.0541 | |||
| Market Risk Adjusted Performance | 1.17 | |||
| Mean Deviation | 0.6535 | |||
| Coefficient Of Variation | 1334.15 | |||
| Standard Deviation | 2.16 | |||
| Variance | 4.68 | |||
| Information Ratio | 0.046 | |||
| Jensen Alpha | 0.1452 | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | 1.16 | |||
| Maximum Drawdown | 13.04 | |||
| Skewness | 3.79 | |||
| Kurtosis | 24.35 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BOC Hong Kong. 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 BOC Hong Kong information on this page should be used as a complementary analysis to other BOC Hong'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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for BOC Pink Sheet analysis
When running BOC Hong's price analysis, check to measure BOC Hong'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 BOC Hong is operating at the current time. Most of BOC Hong's value examination focuses on studying past and present price action to predict the probability of BOC Hong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BOC Hong's price. Additionally, you may evaluate how the addition of BOC Hong to your portfolios can decrease your overall portfolio volatility.
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