China Mengniu Dairy Stock Technical Analysis
| CIADF Stock | USD 2.50 0.00 0.00% |
As of the 17th of April 2024, China Mengniu shows the Mean Deviation of 0.0925, risk adjusted performance of (0.08), and Standard Deviation of 0.3817. China Mengniu Dairy 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 were able to break down eleven technical drivers for China Mengniu Dairy, which can be compared to its peers. Please confirm China Mengniu Dairy variance, as well as the relationship between the treynor ratio and skewness to decide if China Mengniu Dairy is priced correctly, providing market reflects its regular price of 2.5 per share. Please also double-check China Mengniu Dairy information ratio, which is currently at (0.28) to validate the company can sustain itself at a future point.
China Mengniu Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as China, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ChinaChina |
China Mengniu 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.
China Mengniu Dairy Technical Analysis
The output start index for this execution was fifteen with a total number of output elements of fourty-six. 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 China Mengniu Dairy volatility. High ATR values indicate high volatility, and low values indicate low volatility.
China Mengniu Dairy Trend Analysis
Use this graph to draw trend lines for China Mengniu Dairy. You can use it to identify possible trend reversals for China Mengniu 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 Mengniu price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.China Mengniu Best Fit Change Line
The following chart estimates an ordinary least squares regression model for China Mengniu Dairy applied against its price change over selected period. The best fit line has a slop of 0.0017 , which may suggest that China Mengniu Dairy market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.11, which is the sum of squared deviations for the predicted China Mengniu price change compared to its average price change.About China Mengniu 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 China Mengniu Dairy 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 China Mengniu Dairy based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on China Mengniu Dairy price pattern first instead of the macroeconomic environment surrounding China Mengniu Dairy. By analyzing China Mengniu'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 China Mengniu'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 China Mengniu specific price patterns or momentum indicators. Please read more on our technical analysis page.
China Mengniu April 17, 2024 Technical Indicators
Most technical analysis of China 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 China from various momentum indicators to cycle indicators. When you analyze China 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 | (0.08) | |||
| Market Risk Adjusted Performance | 2.54 | |||
| Mean Deviation | 0.0925 | |||
| Coefficient Of Variation | (812.40) | |||
| Standard Deviation | 0.3817 | |||
| Variance | 0.1457 | |||
| Information Ratio | (0.28) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | 2.53 | |||
| Maximum Drawdown | 3.1 | |||
| Skewness | (8.12) | |||
| Kurtosis | 66.0 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Mengniu Dairy. 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 Mengniu Dairy information on this page should be used as a complementary analysis to other China Mengniu'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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for China Pink Sheet analysis
When running China Mengniu's price analysis, check to measure China Mengniu'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 China Mengniu is operating at the current time. Most of China Mengniu's value examination focuses on studying past and present price action to predict the probability of China Mengniu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Mengniu's price. Additionally, you may evaluate how the addition of China Mengniu to your portfolios can decrease your overall portfolio volatility.
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