Leader Steel (Malaysia) Technical Analysis
| 9881 Stock | 0.46 0.00 0.00% |
As of the 26th of November, Leader Steel secures the Mean Deviation of 1.41, risk adjusted performance of (0.03), and Standard Deviation of 2.73. Leader Steel Holdings technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Please verify Leader Steel Holdings mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Leader Steel Holdings is priced some-what accurately, providing market reflects its recent price of 0.46 per share.
Leader Steel Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Leader, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to LeaderLeader |
Leader Steel 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.
Leader Steel Holdings Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Leader Steel Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Leader Steel Holdings Trend Analysis
Use this graph to draw trend lines for Leader Steel Holdings. You can use it to identify possible trend reversals for Leader Steel 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 Leader Steel price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Leader Steel Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Leader Steel Holdings applied against its price change over selected period. The best fit line has a slop of 0.0008 , which may suggest that Leader Steel Holdings market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted Leader Steel price change compared to its average price change.About Leader Steel 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 Leader Steel Holdings 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 Leader Steel Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Leader Steel Holdings price pattern first instead of the macroeconomic environment surrounding Leader Steel Holdings. By analyzing Leader Steel'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 Leader Steel'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 Leader Steel specific price patterns or momentum indicators. Please read more on our technical analysis page.
Leader Steel November 26, 2024 Technical Indicators
Most technical analysis of Leader 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 Leader from various momentum indicators to cycle indicators. When you analyze Leader 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 Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (1.12) | |||
| Mean Deviation | 1.41 | |||
| Coefficient Of Variation | (1,830) | |||
| Standard Deviation | 2.73 | |||
| Variance | 7.43 | |||
| Information Ratio | (0.10) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | (1.13) | |||
| Maximum Drawdown | 12.5 | |||
| Value At Risk | (4.55) | |||
| Potential Upside | 4.35 | |||
| Skewness | 0.1187 | |||
| Kurtosis | 4.53 |
Other Information on Investing in Leader Stock
Leader Steel financial ratios help investors to determine whether Leader 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 Leader with respect to the benefits of owning Leader Steel security.