Kangxin New (China) Technical Analysis
| 600076 Stock | 2.37 0.02 0.84% |
As of the 2nd of December, Kangxin New secures the Mean Deviation of 2.67, risk adjusted performance of 0.2032, and Downside Deviation of 3.4. Kangxin New Materials technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices.
Kangxin New Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Kangxin, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to KangxinKangxin |
Kangxin New technical stock 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, stock market cycles, or different charting patterns.
Kangxin New Materials Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Kangxin New Materials volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Kangxin New Materials Trend Analysis
Use this graph to draw trend lines for Kangxin New Materials. You can use it to identify possible trend reversals for Kangxin New 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 Kangxin New price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Kangxin New Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Kangxin New Materials applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Kangxin New Materials will continue generating value for investors. It has 122 observation points and a regression sum of squares at 14.06, which is the sum of squared deviations for the predicted Kangxin New price change compared to its average price change.About Kangxin New 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 Kangxin New Materials 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 Kangxin New Materials based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Kangxin New Materials price pattern first instead of the macroeconomic environment surrounding Kangxin New Materials. By analyzing Kangxin New'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 Kangxin New'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 Kangxin New specific price patterns or momentum indicators. Please read more on our technical analysis page.
Kangxin New December 2, 2024 Technical Indicators
Most technical analysis of Kangxin 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 Kangxin from various momentum indicators to cycle indicators. When you analyze Kangxin 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 | 0.2032 | |||
| Market Risk Adjusted Performance | (2.82) | |||
| Mean Deviation | 2.67 | |||
| Semi Deviation | 2.62 | |||
| Downside Deviation | 3.4 | |||
| Coefficient Of Variation | 391.16 | |||
| Standard Deviation | 3.45 | |||
| Variance | 11.87 | |||
| Information Ratio | 0.2157 | |||
| Jensen Alpha | 0.9101 | |||
| Total Risk Alpha | 0.2957 | |||
| Sortino Ratio | 0.2187 | |||
| Treynor Ratio | (2.83) | |||
| Maximum Drawdown | 18.49 | |||
| Value At Risk | (3.69) | |||
| Potential Upside | 6.37 | |||
| Downside Variance | 11.55 | |||
| Semi Variance | 6.87 | |||
| Expected Short fall | (3.16) | |||
| Skewness | (0.01) | |||
| Kurtosis | 0.7762 |
Complementary Tools for Kangxin Stock analysis
When running Kangxin New's price analysis, check to measure Kangxin New'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 Kangxin New is operating at the current time. Most of Kangxin New's value examination focuses on studying past and present price action to predict the probability of Kangxin New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kangxin New's price. Additionally, you may evaluate how the addition of Kangxin New to your portfolios can decrease your overall portfolio volatility.
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