TechnoDex Bhd (Malaysia) Technical Analysis
| 0132 Stock | 0.06 0.01 9.09% |
As of the 22nd of November, TechnoDex Bhd has the Risk Adjusted Performance of 0.0663, coefficient of variation of 1325.86, and Semi Deviation of 4.72. TechnoDex 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 TechnoDex Bhd mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if TechnoDex Bhd is priced more or less accurately, providing market reflects its prevalent price of 0.06 per share.
TechnoDex 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 TechnoDex, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TechnoDexTechnoDex |
TechnoDex 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.
TechnoDex 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 TechnoDex Bhd volatility. High ATR values indicate high volatility, and low values indicate low volatility.
TechnoDex Bhd Trend Analysis
Use this graph to draw trend lines for TechnoDex Bhd. You can use it to identify possible trend reversals for TechnoDex 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 TechnoDex Bhd price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.TechnoDex Bhd Best Fit Change Line
The following chart estimates an ordinary least squares regression model for TechnoDex Bhd applied against its price change over selected period. The best fit line has a slop of 0.0001 , which means TechnoDex Bhd will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted TechnoDex Bhd price change compared to its average price change.About TechnoDex 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 TechnoDex 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 TechnoDex Bhd based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on TechnoDex Bhd price pattern first instead of the macroeconomic environment surrounding TechnoDex Bhd. By analyzing TechnoDex 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 TechnoDex 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 TechnoDex Bhd specific price patterns or momentum indicators. Please read more on our technical analysis page.
TechnoDex Bhd November 22, 2024 Technical Indicators
Most technical analysis of TechnoDex 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 TechnoDex from various momentum indicators to cycle indicators. When you analyze TechnoDex 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.
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0663 | |||
| Market Risk Adjusted Performance | (0.91) | |||
| Mean Deviation | 4.13 | |||
| Semi Deviation | 4.72 | |||
| Downside Deviation | 10.18 | |||
| Coefficient Of Variation | 1325.86 | |||
| Standard Deviation | 6.2 | |||
| Variance | 38.48 | |||
| Information Ratio | 0.0578 | |||
| Jensen Alpha | 0.5073 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.0352 | |||
| Treynor Ratio | (0.92) | |||
| Maximum Drawdown | 28.18 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 10.0 | |||
| Downside Variance | 103.63 | |||
| Semi Variance | 22.32 | |||
| Expected Short fall | (9.55) | |||
| Skewness | (0.21) | |||
| Kurtosis | 0.2925 |
Other Information on Investing in TechnoDex Stock
TechnoDex Bhd financial ratios help investors to determine whether TechnoDex 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 TechnoDex with respect to the benefits of owning TechnoDex Bhd security.