Eastern Merchants (Sri Lanka) Technical Analysis
| EMERN0000 | LKR 6.50 0.10 1.52% |
As of the 26th of November, Eastern Merchants shows the Mean Deviation of 1.95, downside deviation of 3.58, and Coefficient Of Variation of 15168.62. Our technical analysis interface provides you with a way to check existing technical drivers of Eastern Merchants PLC, as well as the relationship between them.
Eastern Merchants Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Eastern, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EasternEastern |
Eastern Merchants 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.
Eastern Merchants PLC 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 Eastern Merchants PLC volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Eastern Merchants PLC Trend Analysis
Use this graph to draw trend lines for Eastern Merchants PLC. You can use it to identify possible trend reversals for Eastern Merchants 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 Eastern Merchants price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Eastern Merchants Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Eastern Merchants PLC applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Eastern Merchants PLC will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.96, which is the sum of squared deviations for the predicted Eastern Merchants price change compared to its average price change.About Eastern Merchants 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 Eastern Merchants PLC 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 Eastern Merchants PLC based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Eastern Merchants PLC price pattern first instead of the macroeconomic environment surrounding Eastern Merchants PLC. By analyzing Eastern Merchants'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 Eastern Merchants'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 Eastern Merchants specific price patterns or momentum indicators. Please read more on our technical analysis page.
Eastern Merchants November 26, 2024 Technical Indicators
Most technical analysis of Eastern 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 Eastern from various momentum indicators to cycle indicators. When you analyze Eastern 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 | 0.0124 | |||
| Market Risk Adjusted Performance | 0.0284 | |||
| Mean Deviation | 1.95 | |||
| Semi Deviation | 2.62 | |||
| Downside Deviation | 3.58 | |||
| Coefficient Of Variation | 15168.62 | |||
| Standard Deviation | 2.91 | |||
| Variance | 8.46 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.45) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0184 | |||
| Maximum Drawdown | 14.8 | |||
| Value At Risk | (3.33) | |||
| Potential Upside | 4.55 | |||
| Downside Variance | 12.84 | |||
| Semi Variance | 6.85 | |||
| Expected Short fall | (2.94) | |||
| Skewness | (0.69) | |||
| Kurtosis | 3.77 |
Complementary Tools for Eastern Stock analysis
When running Eastern Merchants' price analysis, check to measure Eastern Merchants' 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 Eastern Merchants is operating at the current time. Most of Eastern Merchants' value examination focuses on studying past and present price action to predict the probability of Eastern Merchants' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastern Merchants' price. Additionally, you may evaluate how the addition of Eastern Merchants to your portfolios can decrease your overall portfolio volatility.
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