Zhejiang Expressway (Germany) Technical Analysis
ZHJ Stock | EUR 0.60 0.01 1.64% |
As of the 30th of November, Zhejiang Expressway maintains the Market Risk Adjusted Performance of (1.09), mean deviation of 2.26, and Downside Deviation of 5.3. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Zhejiang Expressway Co, as well as the relationship between them. Please check out Zhejiang Expressway standard deviation, treynor ratio, downside variance, as well as the relationship between the information ratio and value at risk to decide if Zhejiang Expressway is priced fairly, providing market reflects its latest price of 0.6 per share.
Zhejiang Expressway Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Zhejiang, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ZhejiangZhejiang |
Zhejiang Expressway 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.
Zhejiang Expressway Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Zhejiang Expressway volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Zhejiang Expressway Trend Analysis
Use this graph to draw trend lines for Zhejiang Expressway Co. You can use it to identify possible trend reversals for Zhejiang Expressway 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 Zhejiang Expressway price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Zhejiang Expressway Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Zhejiang Expressway Co applied against its price change over selected period. The best fit line has a slop of 0 , which means Zhejiang Expressway Co will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.06, which is the sum of squared deviations for the predicted Zhejiang Expressway price change compared to its average price change.About Zhejiang Expressway 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 Zhejiang Expressway 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 Zhejiang Expressway Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Zhejiang Expressway price pattern first instead of the macroeconomic environment surrounding Zhejiang Expressway. By analyzing Zhejiang Expressway'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 Zhejiang Expressway'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 Zhejiang Expressway specific price patterns or momentum indicators. Please read more on our technical analysis page.
Zhejiang Expressway November 30, 2024 Technical Indicators
Most technical analysis of Zhejiang 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 Zhejiang from various momentum indicators to cycle indicators. When you analyze Zhejiang 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 | 0.0436 | |||
Market Risk Adjusted Performance | (1.09) | |||
Mean Deviation | 2.26 | |||
Semi Deviation | 3.55 | |||
Downside Deviation | 5.3 | |||
Coefficient Of Variation | 2159.89 | |||
Standard Deviation | 4.3 | |||
Variance | 18.52 | |||
Information Ratio | 0.0143 | |||
Jensen Alpha | 0.2111 | |||
Total Risk Alpha | (0.53) | |||
Sortino Ratio | 0.0116 | |||
Treynor Ratio | (1.10) | |||
Maximum Drawdown | 37.44 | |||
Value At Risk | (3.17) | |||
Potential Upside | 5.0 | |||
Downside Variance | 28.08 | |||
Semi Variance | 12.61 | |||
Expected Short fall | (4.13) | |||
Skewness | (0.90) | |||
Kurtosis | 13.18 |
Complementary Tools for Zhejiang Stock analysis
When running Zhejiang Expressway's price analysis, check to measure Zhejiang Expressway'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 Zhejiang Expressway is operating at the current time. Most of Zhejiang Expressway's value examination focuses on studying past and present price action to predict the probability of Zhejiang Expressway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhejiang Expressway's price. Additionally, you may evaluate how the addition of Zhejiang Expressway to your portfolios can decrease your overall portfolio volatility.
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |