Chunghwa Telecom Stock Forecast - Accumulation Distribution
| CHT Stock | USD 39.38 0.37 0.95% |
Chunghwa Stock Forecast is based on your current time horizon.
Chunghwa |
Open Interest Against 2024-09-20 Chunghwa Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Chunghwa Telecom's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Chunghwa Telecom's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Chunghwa Telecom stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Chunghwa Telecom's open interest, investors have to compare it to Chunghwa Telecom's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Chunghwa Telecom is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Chunghwa. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 756.8 | 438.99 |
| Check Chunghwa Telecom Volatility | Backtest Chunghwa Telecom | Trend Details |
Chunghwa Telecom Trading Date Momentum
| On July 25 2024 Chunghwa Telecom Co was traded for 36.74 at the closing time. Highest Chunghwa Telecom's price during the trading hours was 37.10 and the lowest price during the day was 36.53 . The net volume was 187.6 K. The overall trading history on the 25th of July contributed to the next trading period price appreciation. The overall trading delta to the next next day price was 0.25% . The overall trading delta to current price is 0.49% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for Chunghwa Telecom
For every potential investor in Chunghwa, whether a beginner or expert, Chunghwa Telecom's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Chunghwa Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Chunghwa. Basic forecasting techniques help filter out the noise by identifying Chunghwa Telecom's price trends.Chunghwa Telecom Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Chunghwa Telecom stock to make a market-neutral strategy. Peer analysis of Chunghwa Telecom could also be used in its relative valuation, which is a method of valuing Chunghwa Telecom by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Chunghwa Telecom Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Chunghwa Telecom's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Chunghwa Telecom's current price.| Cycle Indicators | ||
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| Volume Indicators |
Chunghwa Telecom Market Strength Events
Market strength indicators help investors to evaluate how Chunghwa Telecom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chunghwa Telecom shares will generate the highest return on investment. By undertsting and applying Chunghwa Telecom stock market strength indicators, traders can identify Chunghwa Telecom Co entry and exit signals to maximize returns.
| Accumulation Distribution | 669.57 | |||
| Daily Balance Of Power | 1.37037 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 39.28 | |||
| Day Typical Price | 39.32 | |||
| Price Action Indicator | 0.28 | |||
| Period Momentum Indicator | 0.37 |
Chunghwa Telecom Risk Indicators
The analysis of Chunghwa Telecom's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Chunghwa Telecom's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting chunghwa stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.6197 | |||
| Semi Deviation | 0.8172 | |||
| Standard Deviation | 0.8551 | |||
| Variance | 0.7311 | |||
| Downside Variance | 0.9004 | |||
| Semi Variance | 0.6679 | |||
| Expected Short fall | (0.61) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Additional Tools for Chunghwa Stock Analysis
When running Chunghwa Telecom's price analysis, check to measure Chunghwa Telecom'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 Chunghwa Telecom is operating at the current time. Most of Chunghwa Telecom's value examination focuses on studying past and present price action to predict the probability of Chunghwa Telecom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chunghwa Telecom's price. Additionally, you may evaluate how the addition of Chunghwa Telecom to your portfolios can decrease your overall portfolio volatility.