Cathay Financial Holding Stock Technical Analysis

CHYFFDelisted Stock  USD 14.63  0.00  0.00%   
As of the 22nd of April, Cathay Financial shows the Standard Deviation of 0.2489, mean deviation of 0.0604, and Risk Adjusted Performance of 0.0607. Cathay Financial Holding technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for eleven technical drivers for Cathay Financial Holding, which can be compared to its peers. Please confirm Cathay Financial Holding market risk adjusted performance, variance, as well as the relationship between the Variance and skewness to decide if Cathay Financial Holding is priced correctly, providing market reflects its regular price of 14.63 per share. Given that Cathay Financial has variance of 0.062, we suggest you to validate Cathay Financial Holding's prevailing market performance to make sure the company can sustain itself at a future point.

Cathay Financial Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Cathay, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Cathay
  
Cathay Financial'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.
Cathay Financial 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.
A focus of Cathay Financial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cathay Financial 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...

Cathay Financial Holding Technical Analysis

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Cathay Financial Holding Trend Analysis

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

Cathay Financial Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Cathay Financial Holding applied against its price change over selected period. The best fit line has a slop of    , which means Cathay Financial Holding will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.49, which is the sum of squared deviations for the predicted Cathay Financial price change compared to its average price change.

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

Cathay Financial April 22, 2024 Technical Indicators

Most technical analysis of Cathay 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 Cathay from various momentum indicators to cycle indicators. When you analyze Cathay 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.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Cathay Financial Holding information on this page should be used as a complementary analysis to other Cathay Financial'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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Other Consideration for investing in Cathay Pink Sheet

If you are still planning to invest in Cathay Financial Holding 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 Cathay Financial's history and understand the potential risks before investing.
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