HEG (India) Technical Analysis
HEG Stock | 568.30 21.35 3.90% |
As of the 14th of December 2024, HEG retains the Market Risk Adjusted Performance of 0.3958, semi deviation of 2.7, and Risk Adjusted Performance of 0.1161. HEG technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out HEG Limited coefficient of variation, jensen alpha, potential upside, as well as the relationship between the variance and maximum drawdown to decide if HEG is priced more or less accurately, providing market reflects its last-minute price of 568.3 per share.
HEG Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as HEG, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HEGHEG |
HEG 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.
HEG Limited Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-one. 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 HEG Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility.
HEG Limited Trend Analysis
Use this graph to draw trend lines for HEG Limited. You can use it to identify possible trend reversals for HEG 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 HEG price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.HEG Best Fit Change Line
The following chart estimates an ordinary least squares regression model for HEG Limited applied against its price change over selected period. The best fit line has a slop of 0.65 , which means HEG Limited will continue generating value for investors. It has 122 observation points and a regression sum of squares at 16169.08, which is the sum of squared deviations for the predicted HEG price change compared to its average price change.About HEG 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 HEG 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 HEG Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on HEG Limited price pattern first instead of the macroeconomic environment surrounding HEG Limited. By analyzing HEG'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 HEG'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 HEG specific price patterns or momentum indicators. Please read more on our technical analysis page.
HEG December 14, 2024 Technical Indicators
Most technical analysis of HEG 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 HEG from various momentum indicators to cycle indicators. When you analyze HEG 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 | 0.1161 | |||
Market Risk Adjusted Performance | 0.3958 | |||
Mean Deviation | 2.85 | |||
Semi Deviation | 2.7 | |||
Downside Deviation | 3.14 | |||
Coefficient Of Variation | 672.04 | |||
Standard Deviation | 4.13 | |||
Variance | 17.07 | |||
Information Ratio | 0.1246 | |||
Jensen Alpha | 0.4635 | |||
Total Risk Alpha | 0.0913 | |||
Sortino Ratio | 0.1639 | |||
Treynor Ratio | 0.3858 | |||
Maximum Drawdown | 20.4 | |||
Value At Risk | (4.56) | |||
Potential Upside | 8.63 | |||
Downside Variance | 9.86 | |||
Semi Variance | 7.27 | |||
Expected Short fall | (3.25) | |||
Skewness | 1.41 | |||
Kurtosis | 3.7 |
Complementary Tools for HEG Stock analysis
When running HEG's price analysis, check to measure HEG'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 HEG is operating at the current time. Most of HEG's value examination focuses on studying past and present price action to predict the probability of HEG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HEG's price. Additionally, you may evaluate how the addition of HEG to your portfolios can decrease your overall portfolio volatility.
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