China Shenhua Energy Stock Technical Analysis
CUAEF Stock | USD 4.04 0.13 3.12% |
As of the 1st of May, China Shenhua shows the Standard Deviation of 2.16, mean deviation of 0.8442, and Risk Adjusted Performance of 0.0953. China Shenhua Energy 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 analyze and collect data for twelve technical drivers for China Shenhua Energy, which can be compared to its peers. Please confirm China Shenhua Energy coefficient of variation, total risk alpha, as well as the relationship between the Total Risk Alpha and potential upside to decide if China Shenhua Energy is priced correctly, providing market reflects its regular price of 4.04 per share. Given that China Shenhua has total risk alpha of 0.1207, we suggest you to validate China Shenhua Energy's prevailing market performance to make sure the company can sustain itself at a future point.
China Shenhua 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 Shenhua 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 Shenhua Energy 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 Shenhua Energy volatility. High ATR values indicate high volatility, and low values indicate low volatility.
China Shenhua Energy Trend Analysis
Use this graph to draw trend lines for China Shenhua Energy. You can use it to identify possible trend reversals for China Shenhua 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 Shenhua price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.China Shenhua Best Fit Change Line
The following chart estimates an ordinary least squares regression model for China Shenhua Energy applied against its price change over selected period. The best fit line has a slop of 0.01 , which means China Shenhua Energy will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3.13, which is the sum of squared deviations for the predicted China Shenhua price change compared to its average price change.About China Shenhua 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 Shenhua Energy 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 Shenhua Energy based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on China Shenhua Energy price pattern first instead of the macroeconomic environment surrounding China Shenhua Energy. By analyzing China Shenhua'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 Shenhua'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 Shenhua specific price patterns or momentum indicators. Please read more on our technical analysis page.
China Shenhua May 1, 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 | 0.0953 | |||
Market Risk Adjusted Performance | (0.60) | |||
Mean Deviation | 0.8442 | |||
Coefficient Of Variation | 726.37 | |||
Standard Deviation | 2.16 | |||
Variance | 4.65 | |||
Information Ratio | 0.1101 | |||
Jensen Alpha | 0.3104 | |||
Total Risk Alpha | 0.1207 | |||
Treynor Ratio | (0.61) | |||
Maximum Drawdown | 18.79 | |||
Potential Upside | 4.05 | |||
Skewness | 3.31 | |||
Kurtosis | 19.07 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Shenhua Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the China Shenhua Energy information on this page should be used as a complementary analysis to other China Shenhua'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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for China Pink Sheet analysis
When running China Shenhua's price analysis, check to measure China Shenhua'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 Shenhua is operating at the current time. Most of China Shenhua's value examination focuses on studying past and present price action to predict the probability of China Shenhua'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 Shenhua's price. Additionally, you may evaluate how the addition of China Shenhua to your portfolios can decrease your overall portfolio volatility.
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |