Founder Group Limited Stock Technical Analysis
FGL Stock | 2.20 0.11 4.76% |
As of the 22nd of November, Founder Group shows the Standard Deviation of 12.51, mean deviation of 8.83, and Variance of 156.62. Founder Group Limited technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Founder Group Limited standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if Founder Group Limited is priced favorably, providing market reflects its regular price of 2.2 per share. Please also check Founder Group Limited jensen alpha, which is currently at (0.47) to verify the company can sustain itself at a future point.
Founder Group Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Founder, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FounderFounder |
Founder Group 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.
Founder Group Limited Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Founder Group Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Founder Group Limited Trend Analysis
Use this graph to draw trend lines for Founder Group Limited. You can use it to identify possible trend reversals for Founder Group 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 Founder Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Founder Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Founder Group Limited applied against its price change over selected period. The best fit line has a slop of 0.09 , which may imply that the returns on investment in Founder Group Limited will continue to fail. It has 46 observation points and a regression sum of squares at 16.94, which is the sum of squared deviations for the predicted Founder Group price change compared to its average price change.About Founder Group 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 Founder Group 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 Founder Group Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Founder Group Limited price pattern first instead of the macroeconomic environment surrounding Founder Group Limited. By analyzing Founder Group'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 Founder Group'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 Founder Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
2015 | 2016 | 2023 (projected) | PTB Ratio | 0.0952 | 0.082 | 0.0943 | Price To Sales Ratio | 0.16 | 0.12 | 0.14 |
Founder Group November 22, 2024 Technical Indicators
Most technical analysis of Founder 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 Founder from various momentum indicators to cycle indicators. When you analyze Founder 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.
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Pattern Recognition | ||
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Volume Indicators |
Risk Adjusted Performance | (0.03) | |||
Market Risk Adjusted Performance | 0.3637 | |||
Mean Deviation | 8.83 | |||
Coefficient Of Variation | (1,959) | |||
Standard Deviation | 12.51 | |||
Variance | 156.62 | |||
Information Ratio | (0.06) | |||
Jensen Alpha | (0.47) | |||
Total Risk Alpha | (2.28) | |||
Treynor Ratio | 0.3537 | |||
Maximum Drawdown | 50.59 | |||
Value At Risk | (21.18) | |||
Potential Upside | 16.92 | |||
Skewness | (0.16) | |||
Kurtosis | 0.1571 |
Founder Group November 22, 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 Founder 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 | 16,177 | ||
Daily Balance Of Power | (0.22) | ||
Rate Of Daily Change | 0.95 | ||
Day Median Price | 2.26 | ||
Day Typical Price | 2.24 | ||
Price Action Indicator | (0.11) |
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Is Construction space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Founder Group. If investors know Founder will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Founder Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Founder Group Limited is measured differently than its book value, which is the value of Founder that is recorded on the company's balance sheet. Investors also form their own opinion of Founder Group's value that differs from its market value or its book value, called intrinsic value, which is Founder Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Founder Group's market value can be influenced by many factors that don't directly affect Founder Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Founder Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Founder Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Founder Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.