Petronas Gas (Malaysia) Technical Analysis
| 6033 Stock | 17.80 0.20 1.14% |
As of the 26th of November, Petronas Gas holds the Risk Adjusted Performance of (0.07), coefficient of variation of (1,141), and Variance of 0.258. Petronas Gas Bhd technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices. Please check Petronas Gas Bhd information ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk to decide if Petronas Gas Bhd is priced some-what accurately, providing market reflects its current price of 17.8 per share.
Petronas Gas Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Petronas, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PetronasPetronas |
Petronas Gas 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.
Petronas Gas Bhd Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 Petronas Gas Bhd volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Petronas Gas Bhd Trend Analysis
Use this graph to draw trend lines for Petronas Gas Bhd. You can use it to identify possible trend reversals for Petronas Gas 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 Petronas Gas price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Petronas Gas Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Petronas Gas Bhd applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that Petronas Gas Bhd market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3.87, which is the sum of squared deviations for the predicted Petronas Gas price change compared to its average price change.About Petronas Gas 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 Petronas Gas 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 Petronas Gas Bhd based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Petronas Gas Bhd price pattern first instead of the macroeconomic environment surrounding Petronas Gas Bhd. By analyzing Petronas Gas'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 Petronas Gas'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 Petronas Gas specific price patterns or momentum indicators. Please read more on our technical analysis page.
Petronas Gas November 26, 2024 Technical Indicators
Most technical analysis of Petronas 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 Petronas from various momentum indicators to cycle indicators. When you analyze Petronas 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 | (0.07) | |||
| Market Risk Adjusted Performance | (0.48) | |||
| Mean Deviation | 0.4041 | |||
| Coefficient Of Variation | (1,141) | |||
| Standard Deviation | 0.5079 | |||
| Variance | 0.258 | |||
| Information Ratio | (0.35) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.49) | |||
| Maximum Drawdown | 2.15 | |||
| Value At Risk | (0.90) | |||
| Potential Upside | 0.7778 | |||
| Skewness | (0.26) | |||
| Kurtosis | (0.37) |
Petronas Gas November 26, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Petronas stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 40,122 | ||
| Daily Balance Of Power | 0.62 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 17.66 | ||
| Day Typical Price | 17.71 | ||
| Price Action Indicator | 0.24 |
Other Information on Investing in Petronas Stock
Petronas Gas financial ratios help investors to determine whether Petronas 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 Petronas with respect to the benefits of owning Petronas Gas security.