3M India (India) Technical Analysis
3MINDIA Stock | 31,743 4.45 0.01% |
As of the 28th of November, 3M India owns the Market Risk Adjusted Performance of 5.33, information ratio of (0.19), and Variance of 2.46. 3M India Limited technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the firm's future prices.
3M India Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as 3MINDIA, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to 3MINDIA3MINDIA |
3M India 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.
3M India Limited Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 3M India Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility.
3M India Limited Trend Analysis
Use this graph to draw trend lines for 3M India Limited. You can use it to identify possible trend reversals for 3M India 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 3M India price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.3M India Best Fit Change Line
The following chart estimates an ordinary least squares regression model for 3M India Limited applied against its price change over selected period. The best fit line has a slop of 47.89 , which may suggest that 3M India Limited market price will keep on failing further. It has 122 observation points and a regression sum of squares at 8.674817615E7, which is the sum of squared deviations for the predicted 3M India price change compared to its average price change.About 3M India 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 3M India Limited 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 3M India Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on 3M India Limited price pattern first instead of the macroeconomic environment surrounding 3M India Limited. By analyzing 3M India'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 3M India'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 3M India specific price patterns or momentum indicators. Please read more on our technical analysis page.
3M India November 28, 2024 Technical Indicators
Most technical analysis of 3MINDIA 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 3MINDIA from various momentum indicators to cycle indicators. When you analyze 3MINDIA 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 | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | (0.08) | |||
Market Risk Adjusted Performance | 5.33 | |||
Mean Deviation | 1.11 | |||
Coefficient Of Variation | (894.04) | |||
Standard Deviation | 1.57 | |||
Variance | 2.46 | |||
Information Ratio | (0.19) | |||
Jensen Alpha | (0.18) | |||
Total Risk Alpha | (0.42) | |||
Treynor Ratio | 5.32 | |||
Maximum Drawdown | 8.58 | |||
Value At Risk | (2.65) | |||
Potential Upside | 2.97 | |||
Skewness | 0.3343 | |||
Kurtosis | 1.28 |
Complementary Tools for 3MINDIA Stock analysis
When running 3M India's price analysis, check to measure 3M India's 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 3M India is operating at the current time. Most of 3M India's value examination focuses on studying past and present price action to predict the probability of 3M India's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 3M India's price. Additionally, you may evaluate how the addition of 3M India to your portfolios can decrease your overall portfolio volatility.
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