Heng Sheng (Korea) Technical Analysis

900270 Stock   204.00  1.00  0.49%   
As of the 24th of April, Heng Sheng retains the Risk Adjusted Performance of 0.0174, market risk adjusted performance of (0.08), and Downside Deviation of 2.13. Heng Sheng technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Heng Sheng Holding, which can be compared to its competitors. Please check out Heng Sheng Holding downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Heng Sheng is priced fairly, providing market reflects its last-minute price of 204.0 per share.

Heng Sheng Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Heng, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Heng
  
Heng Sheng's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Heng Sheng 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.
A focus of Heng Sheng technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Heng Sheng trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Heng Sheng Holding Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Heng Sheng Holding volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Heng Sheng Holding Trend Analysis

Use this graph to draw trend lines for Heng Sheng Holding. You can use it to identify possible trend reversals for Heng Sheng 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 Heng Sheng price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Heng Sheng Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Heng Sheng Holding applied against its price change over selected period. The best fit line has a slop of   0.37  , which may suggest that Heng Sheng Holding market price will keep on failing further. It has 122 observation points and a regression sum of squares at 5169.13, which is the sum of squared deviations for the predicted Heng Sheng price change compared to its average price change.

About Heng Sheng 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 Heng Sheng Holding 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 Heng Sheng Holding based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Heng Sheng Holding price pattern first instead of the macroeconomic environment surrounding Heng Sheng Holding. By analyzing Heng Sheng'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 Heng Sheng'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 Heng Sheng specific price patterns or momentum indicators. Please read more on our technical analysis page.

Heng Sheng April 24, 2024 Technical Indicators

Most technical analysis of Heng 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 Heng from various momentum indicators to cycle indicators. When you analyze Heng 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.

Heng Sheng April 24, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Heng stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Heng Sheng Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Heng Sheng Holding information on this page should be used as a complementary analysis to other Heng Sheng's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Complementary Tools for Heng Stock analysis

When running Heng Sheng's price analysis, check to measure Heng Sheng'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 Heng Sheng is operating at the current time. Most of Heng Sheng's value examination focuses on studying past and present price action to predict the probability of Heng Sheng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heng Sheng's price. Additionally, you may evaluate how the addition of Heng Sheng to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Heng Sheng's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heng Sheng is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heng Sheng's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.