Ping An Insurance Stock Technical Analysis
| PIAIF Stock | USD 3.90 0.24 5.80% |
As of the 18th of April 2024, Ping An holds the Risk Adjusted Performance of (0.01), coefficient of variation of (4,459), and Variance of 10.06. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Ping An, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to collect and analyze data for thirteen technical drivers for Ping An Insurance, which can be compared to its competitors. Please check Ping An Insurance information ratio, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Ping An Insurance is priced some-what accurately, providing market reflects its current price of 3.9 per share. Given that Ping An has information ratio of (0.04), we recommend you to check out Ping An Insurance's recent market performance to make sure the company can sustain itself at a future point.
Ping An Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ping, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PingPing |
Ping An 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.
Ping An Insurance Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-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 Ping An Insurance volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Ping An Insurance Trend Analysis
Use this graph to draw trend lines for Ping An Insurance. You can use it to identify possible trend reversals for Ping An 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 Ping An price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Ping An Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ping An Insurance applied against its price change over selected period. The best fit line has a slop of 0.0017 , which may suggest that Ping An Insurance market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.1, which is the sum of squared deviations for the predicted Ping An price change compared to its average price change.About Ping An 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 Ping An Insurance 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 Ping An Insurance based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Ping An Insurance price pattern first instead of the macroeconomic environment surrounding Ping An Insurance. By analyzing Ping An'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 Ping An'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 Ping An specific price patterns or momentum indicators. Please read more on our technical analysis page.
Ping An April 18, 2024 Technical Indicators
Most technical analysis of Ping 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 Ping from various momentum indicators to cycle indicators. When you analyze Ping 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.10) | |||
| Mean Deviation | 1.8 | |||
| Coefficient Of Variation | (4,459) | |||
| Standard Deviation | 3.17 | |||
| Variance | 10.06 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (0.11) | |||
| Maximum Drawdown | 16.88 | |||
| Value At Risk | (4.87) | |||
| Potential Upside | 7.8 | |||
| Skewness | 1.41 | |||
| Kurtosis | 3.82 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ping An Insurance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Ping Pink Sheet analysis
When running Ping An's price analysis, check to measure Ping An'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 Ping An is operating at the current time. Most of Ping An's value examination focuses on studying past and present price action to predict the probability of Ping An's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ping An's price. Additionally, you may evaluate how the addition of Ping An to your portfolios can decrease your overall portfolio volatility.
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