Petrolimex International (Vietnam) Technical Analysis
| PIT Stock | 5,150 140.00 2.65% |
As of the 29th of November, Petrolimex International holds the Variance of 6.45, risk adjusted performance of (0.05), and Coefficient Of Variation of (1,306). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Petrolimex International, as well as the relationship between them.
Petrolimex International Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Petrolimex, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PetrolimexPetrolimex |
Petrolimex International 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.
Petrolimex International 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 Petrolimex International volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Petrolimex International Trend Analysis
Use this graph to draw trend lines for Petrolimex International Trading. You can use it to identify possible trend reversals for Petrolimex International 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 Petrolimex International price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Petrolimex International Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Petrolimex International Trading applied against its price change over selected period. The best fit line has a slop of 7.99 , which may suggest that Petrolimex International Trading market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2416002.07, which is the sum of squared deviations for the predicted Petrolimex International price change compared to its average price change.About Petrolimex International 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 Petrolimex International Trading 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 Petrolimex International Trading based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Petrolimex International price pattern first instead of the macroeconomic environment surrounding Petrolimex International. By analyzing Petrolimex International'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 Petrolimex International'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 Petrolimex International specific price patterns or momentum indicators. Please read more on our technical analysis page.
Petrolimex International November 29, 2024 Technical Indicators
Most technical analysis of Petrolimex 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 Petrolimex from various momentum indicators to cycle indicators. When you analyze Petrolimex 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 | (0.05) | |||
| Market Risk Adjusted Performance | (0.78) | |||
| Mean Deviation | 1.69 | |||
| Coefficient Of Variation | (1,306) | |||
| Standard Deviation | 2.54 | |||
| Variance | 6.45 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | (0.79) | |||
| Maximum Drawdown | 11.33 | |||
| Value At Risk | (4.92) | |||
| Potential Upside | 4.71 | |||
| Skewness | 0.4209 | |||
| Kurtosis | 0.9405 |
Petrolimex International November 29, 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 Petrolimex 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 | 21.17 | ||
| Daily Balance Of Power | (0.50) | ||
| Rate Of Daily Change | 0.97 | ||
| Day Median Price | 5,150 | ||
| Day Typical Price | 5,150 | ||
| Price Action Indicator | (70.00) | ||
| Market Facilitation Index | 0.70 |
Other Information on Investing in Petrolimex Stock
Petrolimex International financial ratios help investors to determine whether Petrolimex Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Petrolimex with respect to the benefits of owning Petrolimex International security.