Phoenix Bamboo Textile For Three Consecutive Days On The Annual Line, The Previous Failed To Open Up The Market.
Previous review
Oriental Wealth CHOICE data show that the first three consecutive days of Phoenix Bamboo textile prices closed on the annual line for this year's June 13th, the closing price of that day was 6.2 yuan (not regaining power). After that, the price of Phoenix Bamboo textile products fell only after one trading day, and failed to rise.
Market statistics
Statistics from December 1, 2017 to November 30, 2018 showed that a total of 1362 stocks closed on the three line for 2487 consecutive days, with 1213 shares rising on the two th day and 1274 shares falling. The average daily yield of the whole market was -0.07%. The Choice data show that If the holding period is lengthened, the average return rates of one month (20 days), three months (60 days) and six months (120 days) are -4.67%, -10.94% and -14.69% respectively.
Market statistical interval yield
The next day's yield is portant; "rowspan=" 2 ">-0.07% the next day's rising probability is portant;" the next day's fall probability of >49% is portant; ">51% 20 day yield portant"; rowspan= "2" >-4.67% probability of 20 rise probability; "20 decline probability of rowspan="; "60 60 day yield"; "2" "60 60 rise probability"; "60 60 day fall probability"; "120 120 day rate of return"; "2" 2% probability of rise;
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