Reliance Communications (India) Technical Analysis
| RCOM Stock | 1.60 0.09 5.33% |
As of the 30th of January, Reliance Communications holds the Variance of 6.55, risk adjusted performance of (0.17), and Coefficient Of Variation of (483.90). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Reliance Communications, as well as the relationship between them. Please check Reliance Communications value at risk, skewness, and the relationship between the maximum drawdown and potential upside to decide if Reliance Communications is priced some-what accurately, providing market reflects its current price of 1.6 per share.
Reliance Communications Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Reliance, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RelianceReliance |
Reliance Communications 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.
Reliance Communications 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 Reliance Communications volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Reliance Communications Trend Analysis
Use this graph to draw trend lines for Reliance Communications Limited. You can use it to identify possible trend reversals for Reliance Communications 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 Reliance Communications price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Reliance Communications Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Reliance Communications Limited applied against its price change over selected period. The best fit line has a slop of 0.0052 , which may suggest that Reliance Communications Limited market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.02, which is the sum of squared deviations for the predicted Reliance Communications price change compared to its average price change.About Reliance Communications 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 Reliance Communications 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 Reliance Communications Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Reliance Communications price pattern first instead of the macroeconomic environment surrounding Reliance Communications. By analyzing Reliance Communications'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 Reliance Communications'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 Reliance Communications specific price patterns or momentum indicators. Please read more on our technical analysis page.
Reliance Communications January 30, 2025 Technical Indicators
Most technical analysis of Reliance 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 Reliance from various momentum indicators to cycle indicators. When you analyze Reliance 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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| Volume Indicators |
| Risk Adjusted Performance | (0.17) | |||
| Market Risk Adjusted Performance | 1.28 | |||
| Mean Deviation | 1.69 | |||
| Coefficient Of Variation | (483.90) | |||
| Standard Deviation | 2.56 | |||
| Variance | 6.55 | |||
| Information Ratio | (0.24) | |||
| Jensen Alpha | (0.51) | |||
| Total Risk Alpha | (0.77) | |||
| Treynor Ratio | 1.27 | |||
| Maximum Drawdown | 10.23 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 4.62 | |||
| Skewness | (0.38) | |||
| Kurtosis | 0.6471 |
Additional Tools for Reliance Stock Analysis
When running Reliance Communications' price analysis, check to measure Reliance Communications' 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 Reliance Communications is operating at the current time. Most of Reliance Communications' value examination focuses on studying past and present price action to predict the probability of Reliance Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Communications' price. Additionally, you may evaluate how the addition of Reliance Communications to your portfolios can decrease your overall portfolio volatility.