Weichai Power Co Stock Technical Analysis
WEICFDelisted Stock | USD 1.61 0.27 14.36% |
As of the 12th of December 2024, Weichai Power maintains the Mean Deviation of 0.9167, standard deviation of 3.27, and Market Risk Adjusted Performance of 1.04. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Weichai Power Co, as well as the relationship between them. Please check out Weichai Power variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and kurtosis to decide if Weichai Power is priced fairly, providing market reflects its latest price of 1.61 per share. Please also validate Weichai Power jensen alpha, which is currently at (0.12) to confirm the company can sustain itself at a future point.
Weichai Power Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Weichai, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WeichaiWeichai |
Weichai Power 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.
Weichai Power Technical Analysis
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Weichai Power Trend Analysis
Use this graph to draw trend lines for Weichai Power Co. You can use it to identify possible trend reversals for Weichai Power 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 Weichai Power price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Weichai Power Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Weichai Power Co applied against its price change over selected period. The best fit line has a slop of 0.0044 , which may suggest that Weichai Power Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.74, which is the sum of squared deviations for the predicted Weichai Power price change compared to its average price change.About Weichai Power 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 Weichai Power Co 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 Weichai Power Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Weichai Power price pattern first instead of the macroeconomic environment surrounding Weichai Power. By analyzing Weichai Power'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 Weichai Power'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 Weichai Power specific price patterns or momentum indicators. Please read more on our technical analysis page.
Weichai Power December 12, 2024 Technical Indicators
Most technical analysis of Weichai 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 Weichai from various momentum indicators to cycle indicators. When you analyze Weichai 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 | (0.02) | |||
Market Risk Adjusted Performance | 1.04 | |||
Mean Deviation | 0.9167 | |||
Coefficient Of Variation | (2,607) | |||
Standard Deviation | 3.27 | |||
Variance | 10.73 | |||
Information Ratio | (0.08) | |||
Jensen Alpha | (0.12) | |||
Total Risk Alpha | (0.65) | |||
Treynor Ratio | 1.03 | |||
Maximum Drawdown | 22.36 | |||
Value At Risk | (3.11) | |||
Skewness | 1.67 | |||
Kurtosis | 24.12 |
Check out Your Current Watchlist 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 main economic indicators. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Weichai Pink Sheet
If you are still planning to invest in Weichai Power 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 Weichai Power's history and understand the potential risks before investing.
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