COMMERCIAL BANK (Sri Lanka) Technical Analysis
| COMBX0000 | LKR 93.30 1.20 1.27% |
As of the 25th of November, COMMERCIAL BANK shows the risk adjusted performance of 0.1686, and Mean Deviation of 1.31. Our technical analysis interface gives you tools to check helpful technical drivers of COMMERCIAL BANK, as well as the relationship between them.
COMMERCIAL BANK Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as COMMERCIAL, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to COMMERCIALCOMMERCIAL |
COMMERCIAL BANK 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.
COMMERCIAL BANK 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 COMMERCIAL BANK volatility. High ATR values indicate high volatility, and low values indicate low volatility.
COMMERCIAL BANK Trend Analysis
Use this graph to draw trend lines for COMMERCIAL BANK OF. You can use it to identify possible trend reversals for COMMERCIAL BANK 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 COMMERCIAL BANK price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.COMMERCIAL BANK Best Fit Change Line
The following chart estimates an ordinary least squares regression model for COMMERCIAL BANK OF applied against its price change over selected period. The best fit line has a slop of 0.49 , which means COMMERCIAL BANK OF will continue generating value for investors. It has 122 observation points and a regression sum of squares at 9112.95, which is the sum of squared deviations for the predicted COMMERCIAL BANK price change compared to its average price change.About COMMERCIAL BANK 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 COMMERCIAL BANK OF 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 COMMERCIAL BANK OF based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on COMMERCIAL BANK price pattern first instead of the macroeconomic environment surrounding COMMERCIAL BANK. By analyzing COMMERCIAL BANK'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 COMMERCIAL BANK'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 COMMERCIAL BANK specific price patterns or momentum indicators. Please read more on our technical analysis page.
COMMERCIAL BANK November 25, 2024 Technical Indicators
Most technical analysis of COMMERCIAL 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 COMMERCIAL from various momentum indicators to cycle indicators. When you analyze COMMERCIAL 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 | 0.1686 | |||
| Market Risk Adjusted Performance | 6.74 | |||
| Mean Deviation | 1.31 | |||
| Semi Deviation | 0.7561 | |||
| Downside Deviation | 1.08 | |||
| Coefficient Of Variation | 469.83 | |||
| Standard Deviation | 1.64 | |||
| Variance | 2.68 | |||
| Information Ratio | 0.133 | |||
| Jensen Alpha | 0.3324 | |||
| Total Risk Alpha | 0.0806 | |||
| Sortino Ratio | 0.202 | |||
| Treynor Ratio | 6.73 | |||
| Maximum Drawdown | 6.93 | |||
| Value At Risk | (1.88) | |||
| Potential Upside | 3.6 | |||
| Downside Variance | 1.16 | |||
| Semi Variance | 0.5717 | |||
| Expected Short fall | (1.87) | |||
| Skewness | 0.6896 | |||
| Kurtosis | (0.22) |
Complementary Tools for COMMERCIAL Stock analysis
When running COMMERCIAL BANK's price analysis, check to measure COMMERCIAL BANK'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 COMMERCIAL BANK is operating at the current time. Most of COMMERCIAL BANK's value examination focuses on studying past and present price action to predict the probability of COMMERCIAL BANK's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move COMMERCIAL BANK's price. Additionally, you may evaluate how the addition of COMMERCIAL BANK to your portfolios can decrease your overall portfolio volatility.
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