China Water Affairs Stock Technical Analysis

CWAFF Stock  USD 0.61  0.01  1.67%   
As of the 18th of April 2024, China Water shows the Standard Deviation of 3.32, risk adjusted performance of 0.0421, and Mean Deviation of 0.9795. China Water Affairs 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 thirteen technical drivers for China Water Affairs, which can be compared to its peers. Please confirm China Water Affairs information ratio, as well as the relationship between the value at risk and kurtosis to decide if China Water Affairs is priced correctly, providing market reflects its regular price of 0.61 per share. As China Water Affairs is a penny stock we also strongly suggest to validate its jensen alpha numbers.

China Water Momentum Analysis

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

China Water Affairs Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. 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 China Water Affairs volatility. High ATR values indicate high volatility, and low values indicate low volatility.

China Water Affairs Trend Analysis

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

China Water Best Fit Change Line

The following chart estimates an ordinary least squares regression model for China Water Affairs applied against its price change over selected period. The best fit line has a slop of    , which means China Water Affairs will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.17, which is the sum of squared deviations for the predicted China Water price change compared to its average price change.

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

China Water April 18, 2024 Technical Indicators

Most technical analysis of China 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 China from various momentum indicators to cycle indicators. When you analyze China 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, which includes a position in China Water Affairs. 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 China Water Affairs information on this page should be used as a complementary analysis to other China Water'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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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