Brikor (South Africa) Technical Analysis
| BIK Stock | 17.00 3.00 21.43% |
As of the 26th of November, Brikor shows the Risk Adjusted Performance of 0.0665, mean deviation of 3.55, and Downside Deviation of 12.82. Brikor 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 Brikor coefficient of variation, jensen alpha, potential upside, as well as the relationship between the variance and maximum drawdown to decide if Brikor is priced correctly, providing market reflects its regular price of 17.0 per share.
Brikor Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Brikor, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BrikorBrikor |
Brikor 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.
Brikor 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 Brikor volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Brikor Trend Analysis
Use this graph to draw trend lines for Brikor. You can use it to identify possible trend reversals for Brikor 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 Brikor price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Brikor Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Brikor applied against its price change over selected period. The best fit line has a slop of 0.0012 , which may suggest that Brikor market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.05, which is the sum of squared deviations for the predicted Brikor price change compared to its average price change.About Brikor 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 Brikor 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 Brikor based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Brikor price pattern first instead of the macroeconomic environment surrounding Brikor. By analyzing Brikor'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 Brikor'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 Brikor specific price patterns or momentum indicators. Please read more on our technical analysis page.
Brikor November 26, 2024 Technical Indicators
Most technical analysis of Brikor 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 Brikor from various momentum indicators to cycle indicators. When you analyze Brikor 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 | 0.0665 | |||
| Market Risk Adjusted Performance | 1.47 | |||
| Mean Deviation | 3.55 | |||
| Semi Deviation | 4.43 | |||
| Downside Deviation | 12.82 | |||
| Coefficient Of Variation | 1327.22 | |||
| Standard Deviation | 7.15 | |||
| Variance | 51.17 | |||
| Information Ratio | 0.0574 | |||
| Jensen Alpha | 0.4859 | |||
| Total Risk Alpha | (0.58) | |||
| Sortino Ratio | 0.032 | |||
| Treynor Ratio | 1.46 | |||
| Maximum Drawdown | 39.08 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 21.43 | |||
| Downside Variance | 164.44 | |||
| Semi Variance | 19.65 | |||
| Expected Short fall | (15.18) | |||
| Skewness | 0.8697 | |||
| Kurtosis | 4.23 |
Complementary Tools for Brikor Stock analysis
When running Brikor's price analysis, check to measure Brikor'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 Brikor is operating at the current time. Most of Brikor's value examination focuses on studying past and present price action to predict the probability of Brikor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brikor's price. Additionally, you may evaluate how the addition of Brikor to your portfolios can decrease your overall portfolio volatility.
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