Forafric Global Plc Stock Technical Analysis
| AFRI Stock | USD 10.18 0.02 0.20% |
As of the 22nd of November, Forafric Global shows the Standard Deviation of 1.52, mean deviation of 1.2, and Variance of 2.31. Forafric Global PLC technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.
Forafric Global Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Forafric, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ForafricForafric |
Forafric Global 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.
Forafric Global 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 Forafric Global PLC volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Forafric Global PLC Trend Analysis
Use this graph to draw trend lines for Forafric Global PLC. You can use it to identify possible trend reversals for Forafric Global 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 Forafric Global price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Forafric Global Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Forafric Global PLC applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Forafric Global PLC market price will keep on failing further. It has 122 observation points and a regression sum of squares at 16.56, which is the sum of squared deviations for the predicted Forafric Global price change compared to its average price change.About Forafric Global 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 Forafric Global 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 Forafric Global PLC based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Forafric Global PLC price pattern first instead of the macroeconomic environment surrounding Forafric Global PLC. By analyzing Forafric Global'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 Forafric Global'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 Forafric Global specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 8.37 | 9.54 | 5.92 | 10.29 | Days Of Inventory On Hand | 62.52 | 38.15 | 37.66 | 52.17 |
Forafric Global November 22, 2024 Technical Indicators
Most technical analysis of Forafric 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 Forafric from various momentum indicators to cycle indicators. When you analyze Forafric 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 | (0.06) | |||
| Market Risk Adjusted Performance | (0.16) | |||
| Mean Deviation | 1.2 | |||
| Coefficient Of Variation | (1,119) | |||
| Standard Deviation | 1.52 | |||
| Variance | 2.31 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.17) | |||
| Maximum Drawdown | 7.72 | |||
| Value At Risk | (2.16) | |||
| Potential Upside | 2.22 | |||
| Skewness | 0.3622 | |||
| Kurtosis | 0.6334 |
Complementary Tools for Forafric Stock analysis
When running Forafric Global's price analysis, check to measure Forafric Global'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 Forafric Global is operating at the current time. Most of Forafric Global's value examination focuses on studying past and present price action to predict the probability of Forafric Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forafric Global's price. Additionally, you may evaluate how the addition of Forafric Global to your portfolios can decrease your overall portfolio volatility.
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