Hong Kong Exchange Stock Technical Analysis
| HKXCY Stock | USD 27.87 0.44 1.60% |
As of the 19th of April, Hong Kong retains the Standard Deviation of 2.02, risk adjusted performance of (0.02), and Market Risk Adjusted Performance of (0.08). Hong Kong 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 break down thirteen technical drivers for Hong Kong Exchange, which can be compared to its competitors. Please check out Hong Kong Exchange variance and skewness to decide if Hong Kong is priced fairly, providing market reflects its last-minute price of 27.87 per share. Given that Hong Kong Exchange has information ratio of (0.08), we strongly advise you to confirm Hong Kong Exchange's regular market performance to make sure the company can sustain itself at a future point.
Hong Kong Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Hong, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HongHong |
Hong Kong 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.
Hong Kong Exchange Technical Analysis
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 Hong Kong Exchange volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Hong Kong Exchange Trend Analysis
Use this graph to draw trend lines for Hong Kong Exchange. You can use it to identify possible trend reversals for Hong Kong 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 Hong Kong price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Hong Kong Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Hong Kong Exchange applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that Hong Kong Exchange market price will keep on failing further. It has 122 observation points and a regression sum of squares at 46.55, which is the sum of squared deviations for the predicted Hong Kong price change compared to its average price change.About Hong Kong 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 Hong Kong Exchange 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 Hong Kong Exchange based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Hong Kong Exchange price pattern first instead of the macroeconomic environment surrounding Hong Kong Exchange. By analyzing Hong Kong'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 Hong Kong'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 Hong Kong specific price patterns or momentum indicators. Please read more on our technical analysis page.
Hong Kong April 19, 2024 Technical Indicators
Most technical analysis of Hong 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 Hong from various momentum indicators to cycle indicators. When you analyze Hong 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 | (0.08) | |||
| Mean Deviation | 1.55 | |||
| Coefficient Of Variation | (2,243) | |||
| Standard Deviation | 2.02 | |||
| Variance | 4.08 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.09) | |||
| Maximum Drawdown | 10.51 | |||
| Value At Risk | (3.26) | |||
| Potential Upside | 2.86 | |||
| Skewness | 0.7548 | |||
| Kurtosis | 1.38 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hong Kong Exchange. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Hong Kong Exchange information on this page should be used as a complementary analysis to other Hong Kong'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 Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Hong Pink Sheet analysis
When running Hong Kong's price analysis, check to measure Hong Kong'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 Hong Kong is operating at the current time. Most of Hong Kong's value examination focuses on studying past and present price action to predict the probability of Hong Kong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hong Kong's price. Additionally, you may evaluate how the addition of Hong Kong to your portfolios can decrease your overall portfolio volatility.
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