Systech Bhd (Malaysia) Technical Analysis
| 0050 Stock | 0.26 0.01 4.00% |
As of the 22nd of November, Systech Bhd has the Coefficient Of Variation of (928.76), variance of 8.71, and Risk Adjusted Performance of (0.07). Systech Bhd technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. Please validate Systech Bhd treynor ratio, value at risk, and the relationship between the information ratio and maximum drawdown to decide if Systech Bhd is priced more or less accurately, providing market reflects its prevalent price of 0.26 per share.
Systech Bhd Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Systech, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SystechSystech |
Systech Bhd technical stock 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, stock market cycles, or different charting patterns.
Systech Bhd Technical Analysis
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 Systech Bhd volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Systech Bhd Trend Analysis
Use this graph to draw trend lines for Systech Bhd. You can use it to identify possible trend reversals for Systech Bhd 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 Systech Bhd price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Systech Bhd Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Systech Bhd applied against its price change over selected period. The best fit line has a slop of 0.0015 , which may suggest that Systech Bhd market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.09, which is the sum of squared deviations for the predicted Systech Bhd price change compared to its average price change.About Systech Bhd 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 Systech Bhd 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 Systech Bhd based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Systech Bhd price pattern first instead of the macroeconomic environment surrounding Systech Bhd. By analyzing Systech Bhd'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 Systech Bhd'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 Systech Bhd specific price patterns or momentum indicators. Please read more on our technical analysis page.
Systech Bhd November 22, 2024 Technical Indicators
Most technical analysis of Systech 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 Systech from various momentum indicators to cycle indicators. When you analyze Systech 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 | (0.07) | |||
| Market Risk Adjusted Performance | (1.97) | |||
| Mean Deviation | 2.15 | |||
| Coefficient Of Variation | (928.76) | |||
| Standard Deviation | 2.95 | |||
| Variance | 8.71 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.71) | |||
| Treynor Ratio | (1.98) | |||
| Maximum Drawdown | 15.97 | |||
| Value At Risk | (3.85) | |||
| Potential Upside | 3.85 | |||
| Skewness | 0.3642 | |||
| Kurtosis | 0.5838 |
Other Information on Investing in Systech Stock
Systech Bhd financial ratios help investors to determine whether Systech Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Systech with respect to the benefits of owning Systech Bhd security.