Cholamandalam Financial (India) Technical Analysis
| CHOLAHLDNG | 1,533 32.55 2.17% |
As of the 27th of November, Cholamandalam Financial shows the Mean Deviation of 1.8, standard deviation of 2.32, and Risk Adjusted Performance of (0.03). Cholamandalam Financial 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 Cholamandalam Financial variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Cholamandalam Financial is priced correctly, providing market reflects its regular price of 1532.55 per share.
Cholamandalam Financial Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Cholamandalam, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CholamandalamCholamandalam |
Cholamandalam Financial 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.
Cholamandalam Financial 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 Cholamandalam Financial volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Cholamandalam Financial Trend Analysis
Use this graph to draw trend lines for Cholamandalam Financial Holdings. You can use it to identify possible trend reversals for Cholamandalam Financial 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 Cholamandalam Financial price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Cholamandalam Financial Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Cholamandalam Financial Holdings applied against its price change over selected period. The best fit line has a slop of 4.79 , which may suggest that Cholamandalam Financial Holdings market price will keep on failing further. It has 122 observation points and a regression sum of squares at 867145.3, which is the sum of squared deviations for the predicted Cholamandalam Financial price change compared to its average price change.About Cholamandalam Financial 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 Cholamandalam Financial 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 Cholamandalam Financial Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Cholamandalam Financial price pattern first instead of the macroeconomic environment surrounding Cholamandalam Financial. By analyzing Cholamandalam Financial'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 Cholamandalam Financial'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 Cholamandalam Financial specific price patterns or momentum indicators. Please read more on our technical analysis page.
Cholamandalam Financial November 27, 2024 Technical Indicators
Most technical analysis of Cholamandalam 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 Cholamandalam from various momentum indicators to cycle indicators. When you analyze Cholamandalam 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 | (0.03) | |||
| Market Risk Adjusted Performance | (0.97) | |||
| Mean Deviation | 1.8 | |||
| Coefficient Of Variation | (2,139) | |||
| Standard Deviation | 2.32 | |||
| Variance | 5.37 | |||
| Information Ratio | (0.10) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | (0.98) | |||
| Maximum Drawdown | 11.57 | |||
| Value At Risk | (3.30) | |||
| Potential Upside | 3.61 | |||
| Skewness | 0.0258 | |||
| Kurtosis | 0.0221 |
Cholamandalam Financial November 27, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Cholamandalam stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 3,472 | ||
| Daily Balance Of Power | 0.65 | ||
| Rate Of Daily Change | 1.02 | ||
| Day Median Price | 1,524 | ||
| Day Typical Price | 1,527 | ||
| Price Action Indicator | 25.10 | ||
| Market Facilitation Index | 0.0005 |
Other Information on Investing in Cholamandalam Stock
Cholamandalam Financial financial ratios help investors to determine whether Cholamandalam 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 Cholamandalam with respect to the benefits of owning Cholamandalam Financial security.