China Petroleum Chemical Stock Statistic Functions Pearson Correlation Coefficient

SNPMF Stock  USD 0.58  0.07  13.73%   
China Petroleum statistic functions tool provides the execution environment for running the Pearson Correlation Coefficient function and other technical functions against China Petroleum. China Petroleum value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Pearson Correlation Coefficient function function is designed to identify and follow existing trends. China Petroleum statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Function
Time Period
Execute Function
The output start index for this execution was nine with a total number of output elements of fifty-two. The Pearsons Correlation Coefficient is one of the most common measures of correlation in financial statistics. It shows the linear relationship between price series of China Petroleum Chemical and its benchmark or peer.

China Petroleum Technical Analysis Modules

Most technical analysis of China Petroleum 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 other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About China Petroleum Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of China Petroleum Chemical. We use our internally-developed statistical techniques to arrive at the intrinsic value of China Petroleum Chemical based on widely used predictive technical indicators. In general, we focus on analyzing China Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build China Petroleum's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of China Petroleum's intrinsic value. In addition to deriving basic predictive indicators for China Petroleum, we also check how macroeconomic factors affect China Petroleum price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.030.584.42
Details
Intrinsic
Valuation
LowRealHigh
0.020.494.33
Details
Naive
Forecast
LowNextHigh
0.010.604.44
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.490.540.59
Details

Be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Generate Optimal Portfolios

Align your risk and return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Other Information on Investing in China Pink Sheet

China Petroleum financial ratios help investors to determine whether China Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in China with respect to the benefits of owning China Petroleum security.