China CITIC Pink Sheet Forecast - Daily Balance Of Power

CHBJFDelisted Stock  USD 0.59  0.00  0.00%   
China Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of China CITIC's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On November 3, 2023 China CITIC Bank had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of China CITIC Bank market sensitivity to bulls and bears. It estimates the ability of China CITIC buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring China CITIC Balance of Power indicator one can determine a trend of the price direction.
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China CITIC Trading Date Momentum

On November 06 2023 China CITIC Bank was traded for  0.47  at the closing time. The highest daily price throughout the period was 0.47  and the lowest price was  0.47 . There was no trading activity during the period 1.0. Lack of trading volume on 11/06/2023 did not affect price variability. The overall trading delta to current closing price is 2.13% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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China CITIC Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with China CITIC pink sheet to make a market-neutral strategy. Peer analysis of China CITIC could also be used in its relative valuation, which is a method of valuing China CITIC by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

China CITIC Market Strength Events

Market strength indicators help investors to evaluate how China CITIC pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading China CITIC shares will generate the highest return on investment. By undertsting and applying China CITIC pink sheet market strength indicators, traders can identify China CITIC Bank entry and exit signals to maximize returns.

China CITIC Risk Indicators

The analysis of China CITIC's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in China CITIC's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting china pink sheet prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Other Consideration for investing in China Pink Sheet

If you are still planning to invest in China CITIC Bank check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the China CITIC's history and understand the potential risks before investing.
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