Trane Technologies (UK) Technical Analysis
| 0Y2S Stock | 416.50 1.44 0.34% |
As of the 29th of November, Trane Technologies has the Risk Adjusted Performance of 0.2782, coefficient of variation of 285.61, and Semi Deviation of 34.81. Trane Technologies 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 Trane Technologies PLC semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if Trane Technologies is priced more or less accurately, providing market reflects its prevalent price of 416.5 per share.
Trane Technologies Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Trane, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TraneTrane |
Trane Technologies 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.
Trane Technologies PLC 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 Trane Technologies PLC volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Trane Technologies PLC Trend Analysis
Use this graph to draw trend lines for Trane Technologies PLC. You can use it to identify possible trend reversals for Trane Technologies 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 Trane Technologies price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Trane Technologies Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Trane Technologies PLC applied against its price change over selected period. The best fit line has a slop of 1.36 , which means Trane Technologies PLC will continue generating value for investors. It has 122 observation points and a regression sum of squares at 70080.64, which is the sum of squared deviations for the predicted Trane Technologies price change compared to its average price change.About Trane Technologies 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 Trane Technologies PLC 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 Trane Technologies PLC based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Trane Technologies PLC price pattern first instead of the macroeconomic environment surrounding Trane Technologies PLC. By analyzing Trane Technologies'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 Trane Technologies'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 Trane Technologies specific price patterns or momentum indicators. Please read more on our technical analysis page.
Trane Technologies November 29, 2024 Technical Indicators
Most technical analysis of Trane 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 Trane from various momentum indicators to cycle indicators. When you analyze Trane 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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| Risk Adjusted Performance | 0.2782 | |||
| Market Risk Adjusted Performance | 2.52 | |||
| Mean Deviation | 108.23 | |||
| Semi Deviation | 34.81 | |||
| Downside Deviation | 62.15 | |||
| Coefficient Of Variation | 285.61 | |||
| Standard Deviation | 143.73 | |||
| Variance | 20659.59 | |||
| Information Ratio | 0.3493 | |||
| Jensen Alpha | 48.01 | |||
| Total Risk Alpha | 28.67 | |||
| Sortino Ratio | 0.8077 | |||
| Treynor Ratio | 2.51 | |||
| Maximum Drawdown | 447.45 | |||
| Value At Risk | (77.65) | |||
| Potential Upside | 359.15 | |||
| Downside Variance | 3862.91 | |||
| Semi Variance | 1211.74 | |||
| Expected Short fall | (229.31) | |||
| Skewness | 1.51 | |||
| Kurtosis | 0.6578 |
Additional Tools for Trane Stock Analysis
When running Trane Technologies' price analysis, check to measure Trane Technologies' 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 Trane Technologies is operating at the current time. Most of Trane Technologies' value examination focuses on studying past and present price action to predict the probability of Trane Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trane Technologies' price. Additionally, you may evaluate how the addition of Trane Technologies to your portfolios can decrease your overall portfolio volatility.