HNX 30 (Vietnam) Technical Analysis
| HNX30 Index | 484.87 11.32 2.28% |
HNX 30 Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as HNX, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HNXHNX 30'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.HNX 30 technical index 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, index market cycles, or different charting patterns.
HNX 30 Trend Analysis
Use this graph to draw trend lines for HNX 30. You can use it to identify possible trend reversals for HNX 30 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 HNX 30 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.HNX 30 Best Fit Change Line
The following chart estimates an ordinary least squares regression model for HNX 30 applied against its price change over selected period. The best fit line has a slop of 0.75 , which means HNX 30 will continue generating value for investors. It has 122 observation points and a regression sum of squares at 21430.34, which is the sum of squared deviations for the predicted HNX 30 price change compared to its average price change.HNX 30 April 19, 2024 Technical Indicators
Most technical analysis of HNX 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 HNX from various momentum indicators to cycle indicators. When you analyze HNX 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 | (0.0007) | |||
| Mean Deviation | 0.9457 | |||
| Coefficient Of Variation | (9,544) | |||
| Standard Deviation | 1.47 | |||
| Variance | 2.15 | |||
| Information Ratio | (0.06) | |||
| Total Risk Alpha | (0.16) | |||
| Maximum Drawdown | 10.7 | |||
| Value At Risk | (2.00) | |||
| Potential Upside | 1.89 | |||
| Skewness | (2.33) | |||
| Kurtosis | 12.12 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any index could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..