Airasia Group Berhad Stock Technical Analysis
| AIABF Stock | USD 0.20 0.02 11.11% |
As of the 25th of November, AirAsia Group shows the Mean Deviation of 2.32, risk adjusted performance of 0.0396, and Downside Deviation of 12.56. AirAsia Group Berhad technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm AirAsia Group Berhad value at risk, expected short fall, and the relationship between the treynor ratio and downside variance to decide if AirAsia Group Berhad is priced correctly, providing market reflects its regular price of 0.2 per share. As AirAsia Group Berhad appears to be a penny stock we also recommend to validate its total risk alpha numbers.
AirAsia Group Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as AirAsia, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AirAsiaAirAsia |
AirAsia Group technical pink sheet 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, pink sheet market cycles, or different charting patterns.
AirAsia Group Berhad 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 AirAsia Group Berhad volatility. High ATR values indicate high volatility, and low values indicate low volatility.
AirAsia Group Berhad Trend Analysis
Use this graph to draw trend lines for AirAsia Group Berhad. You can use it to identify possible trend reversals for AirAsia Group 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 AirAsia Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.AirAsia Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for AirAsia Group Berhad applied against its price change over selected period. The best fit line has a slop of 0.0006 , which means AirAsia Group Berhad will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted AirAsia Group price change compared to its average price change.About AirAsia Group 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 AirAsia Group Berhad 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 AirAsia Group Berhad based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on AirAsia Group Berhad price pattern first instead of the macroeconomic environment surrounding AirAsia Group Berhad. By analyzing AirAsia Group'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 AirAsia Group'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 AirAsia Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
AirAsia Group November 25, 2024 Technical Indicators
Most technical analysis of AirAsia 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 AirAsia from various momentum indicators to cycle indicators. When you analyze AirAsia 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 | 0.0396 | |||
| Market Risk Adjusted Performance | 0.314 | |||
| Mean Deviation | 2.32 | |||
| Semi Deviation | 3.66 | |||
| Downside Deviation | 12.56 | |||
| Coefficient Of Variation | 2464.88 | |||
| Standard Deviation | 5.05 | |||
| Variance | 25.54 | |||
| Information Ratio | 0.0147 | |||
| Jensen Alpha | 0.1175 | |||
| Total Risk Alpha | (0.60) | |||
| Sortino Ratio | 0.0059 | |||
| Treynor Ratio | 0.304 | |||
| Maximum Drawdown | 27.62 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 11.11 | |||
| Downside Variance | 157.75 | |||
| Semi Variance | 13.39 | |||
| Expected Short fall | (11.12) | |||
| Skewness | (0.20) | |||
| Kurtosis | 3.63 |
Complementary Tools for AirAsia Pink Sheet analysis
When running AirAsia Group's price analysis, check to measure AirAsia Group'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 AirAsia Group is operating at the current time. Most of AirAsia Group's value examination focuses on studying past and present price action to predict the probability of AirAsia Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AirAsia Group's price. Additionally, you may evaluate how the addition of AirAsia Group to your portfolios can decrease your overall portfolio volatility.
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