CanSino OTC Pink Sheet Technical Analysis

CASBF
 Stock
  

USD 11.40  1.86  14.03%   

As of the 7th of December, CanSino Biologics shows the Downside Deviation of 7.26, risk adjusted performance of 0.2235, and Mean Deviation of 4.07. CanSino Biologics 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 have analyzed nineteen technical drivers for CanSino Biologics, which can be compared to its rivals. Please confirm CanSino Biologics maximum drawdown, and the relationship between the information ratio and downside variance to decide if CanSino Biologics is priced correctly, providing market reflects its regular price of 11.4 per share. Given that CanSino Biologics has jensen alpha of 1.08, we suggest you to validate CanSino Biologics's prevailing market performance to make sure the company can sustain itself at a future point.
  

CanSino Biologics Momentum Analysis

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

CanSino Biologics Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 CanSino Biologics volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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CanSino Biologics Trend Analysis

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

CanSino Biologics Best Fit Change Line

The following chart estimates an ordinary least squares regression model for CanSino Biologics applied against its price change over selected period. The best fit line has a slop of   0.18  , which means CanSino Biologics will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1206.61, which is the sum of squared deviations for the predicted CanSino Biologics price change compared to its average price change.

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

CanSino Biologics December 7, 2022 Technical Indicators

Most technical analysis of CanSino 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 CanSino from various momentum indicators to cycle indicators. When you analyze CanSino 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.
Continue to Trending Equities. Note that the CanSino Biologics information on this page should be used as a complementary analysis to other CanSino Biologics' 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Complementary Tools for CanSino OTC Pink Sheet analysis

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