Matco Foods (Pakistan) Technical Analysis
| MFL Stock | 29.32 2.85 8.86% |
As of the 23rd of November, Matco Foods secures the Risk Adjusted Performance of 0.0465, downside deviation of 2.5, and Mean Deviation of 1.92. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Matco Foods, as well as the relationship between them. Please verify Matco Foods treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall to decide if Matco Foods is priced some-what accurately, providing market reflects its recent price of 29.32 per share.
Matco Foods Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Matco, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MatcoMatco |
Matco Foods 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.
Matco Foods Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Matco Foods volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Matco Foods Trend Analysis
Use this graph to draw trend lines for Matco Foods. You can use it to identify possible trend reversals for Matco Foods 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 Matco Foods price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Matco Foods Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Matco Foods applied against its price change over selected period. The best fit line has a slop of 0.11 , which means Matco Foods will continue generating value for investors. It has 122 observation points and a regression sum of squares at 421.9, which is the sum of squared deviations for the predicted Matco Foods price change compared to its average price change.About Matco Foods 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 Matco Foods 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 Matco Foods based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Matco Foods price pattern first instead of the macroeconomic environment surrounding Matco Foods. By analyzing Matco Foods'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 Matco Foods'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 Matco Foods specific price patterns or momentum indicators. Please read more on our technical analysis page.
Matco Foods November 23, 2024 Technical Indicators
Most technical analysis of Matco 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 Matco from various momentum indicators to cycle indicators. When you analyze Matco 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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| Math Transform | ||
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| Pattern Recognition | ||
| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | 0.0465 | |||
| Market Risk Adjusted Performance | (0.12) | |||
| Mean Deviation | 1.92 | |||
| Semi Deviation | 2.39 | |||
| Downside Deviation | 2.5 | |||
| Coefficient Of Variation | 1954.86 | |||
| Standard Deviation | 2.84 | |||
| Variance | 8.06 | |||
| Information Ratio | 0.0051 | |||
| Jensen Alpha | 0.26 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.0058 | |||
| Treynor Ratio | (0.13) | |||
| Maximum Drawdown | 13.96 | |||
| Value At Risk | (3.36) | |||
| Potential Upside | 5.71 | |||
| Downside Variance | 6.23 | |||
| Semi Variance | 5.71 | |||
| Expected Short fall | (2.12) | |||
| Skewness | 0.6588 | |||
| Kurtosis | 3.25 |
Additional Tools for Matco Stock Analysis
When running Matco Foods' price analysis, check to measure Matco Foods' 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 Matco Foods is operating at the current time. Most of Matco Foods' value examination focuses on studying past and present price action to predict the probability of Matco Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Matco Foods' price. Additionally, you may evaluate how the addition of Matco Foods to your portfolios can decrease your overall portfolio volatility.