China Merchants OTC Pink Sheet Forecast - Rate Of Daily Change

CIHKY
 Stock
  

USD 25.36  0.16  0.63%   

China OTC Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast China Merchants historical stock prices and determine the direction of China Merchants Bank's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of China Merchants historical fundamentals such as revenue growth or operating cash flow patterns.
Continue to Historical Fundamental Analysis of China Merchants to cross-verify your projections.
  
China Merchants Bank has current Rate Of Daily Change of 0.
Most investors in China Merchants cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the China Merchants' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets China Merchants' price structures and extracts relationships that further increase the generated results' accuracy.
Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of China Merchants.
  Previous Rate Of Daily ChangeRate Of Daily ChangeTrend
1.030
Check China Merchants VolatilityBacktest China MerchantsInformation Ratio  

China Merchants Trading Date Momentum

On December 05 2022 China Merchants Bank was traded for  25.36  at the closing time. The highest daily price throughout the period was 25.42  and the lowest price was  24.52 . There was no trading activity during the period 0.0. Lack of trading volume on 12/05/2022 did not affect price variability. The overall trading delta to current closing price is 2.76% .
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
Compare China Merchants to competition

Other Forecasting Options for China Merchants

For every potential investor in China, whether a beginner or expert, China Merchants' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. China OTC Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in China. Basic forecasting techniques help filter out the noise by identifying China Merchants' price trends.

China Merchants 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 China Merchants otc pink sheet to make a market-neutral strategy. Peer analysis of China Merchants could also be used in its relative valuation, which is a method of valuing China Merchants by comparing valuation metrics with similar companies.
Ameris BancorpAffinity BancsharesAmalgamated BankAmerican NationalAmerant BancorpArrow FinancialAssociated Banc-CorpAmeriServ FinancialAmes NationalAtlantic Union BanksharesAMN Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGlobal X NASDAQFRANKLIN MUTUAL EUROPEAN
 Risk & Return  Correlation

China Merchants Bank 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 China Merchants' 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 China Merchants' current price.

China Merchants Risk Indicators

The analysis of China Merchants' basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in China Merchants' investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting China Merchants stock price, 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.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Be your own money manager

Our tools can tell you how much better you can do entering a position in China Merchants without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with China Merchants

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if China Merchants position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in China Merchants will appreciate offsetting losses from the drop in the long position's value.

Moving together with China Merchants

+0.78FRCFirst Republic Bank Fiscal Year End 13th of January 2023 PairCorr

Moving against China Merchants

-0.61VOYAVoya Financial Normal TradingPairCorr
-0.59FRMEFirst Merchants Downward RallyPairCorr
-0.58ITUBItau Unibanco Banco Potential GrowthPairCorr
The ability to find closely correlated positions to China Merchants could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace China Merchants when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back China Merchants - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling China Merchants Bank to buy it.
The correlation of China Merchants is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as China Merchants moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China Merchants Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for China Merchants can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Historical Fundamental Analysis of China Merchants to cross-verify your projections. You can also try Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for analysis

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