AksharChem India (India) Technical Analysis
| AKSHARCHEM | 244.38 13.60 3.02% |
As of the 22nd of November, AksharChem India shows the Standard Deviation of 1.93, risk adjusted performance of (0.09), and Mean Deviation of 1.59. AksharChem India 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.
AksharChem 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 AksharChem, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AksharChemAksharChem |
AksharChem 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.
AksharChem India 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 AksharChem India volatility. High ATR values indicate high volatility, and low values indicate low volatility.
AksharChem India Trend Analysis
Use this graph to draw trend lines for AksharChem India Limited. You can use it to identify possible trend reversals for AksharChem 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 AksharChem India price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.AksharChem India Best Fit Change Line
The following chart estimates an ordinary least squares regression model for AksharChem India Limited applied against its price change over selected period. The best fit line has a slop of 0.93 , which may suggest that AksharChem India Limited market price will keep on failing further. It has 122 observation points and a regression sum of squares at 32628.32, which is the sum of squared deviations for the predicted AksharChem India price change compared to its average price change.About AksharChem 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 AksharChem 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 AksharChem India Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on AksharChem India price pattern first instead of the macroeconomic environment surrounding AksharChem India. By analyzing AksharChem 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 AksharChem 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 AksharChem India specific price patterns or momentum indicators. Please read more on our technical analysis page.
AksharChem India November 22, 2024 Technical Indicators
Most technical analysis of AksharChem 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 AksharChem from various momentum indicators to cycle indicators. When you analyze AksharChem 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 | (0.09) | |||
| Market Risk Adjusted Performance | (4.54) | |||
| Mean Deviation | 1.59 | |||
| Coefficient Of Variation | (755.44) | |||
| Standard Deviation | 1.93 | |||
| Variance | 3.74 | |||
| Information Ratio | (0.19) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | (4.55) | |||
| Maximum Drawdown | 8.39 | |||
| Value At Risk | (3.07) | |||
| Potential Upside | 2.94 | |||
| Skewness | 0.3156 | |||
| Kurtosis | (0.03) |
Complementary Tools for AksharChem Stock analysis
When running AksharChem India's price analysis, check to measure AksharChem 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 AksharChem India is operating at the current time. Most of AksharChem India's value examination focuses on studying past and present price action to predict the probability of AksharChem 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 AksharChem India's price. Additionally, you may evaluate how the addition of AksharChem India to your portfolios can decrease your overall portfolio volatility.
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