Renuka City (Sri Lanka) Technical Analysis
| RENUN0000 | LKR 389.75 0.75 0.19% |
As of the 26th of November, Renuka City holds the Coefficient Of Variation of 1948.81, risk adjusted performance of 0.0454, and Semi Deviation of 1.22. Our technical analysis interface allows you to check existing technical drivers of Renuka City Hotel, as well as the relationship between them.
Renuka City Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Renuka, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RenukaRenuka |
Renuka City 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.
Renuka City Hotel Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Renuka City Hotel volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Renuka City Hotel Trend Analysis
Use this graph to draw trend lines for Renuka City Hotel. You can use it to identify possible trend reversals for Renuka City 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 Renuka City price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Renuka City Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Renuka City Hotel applied against its price change over selected period. The best fit line has a slop of 0.26 , which means Renuka City Hotel will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2613.26, which is the sum of squared deviations for the predicted Renuka City price change compared to its average price change.About Renuka City 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 Renuka City Hotel 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 Renuka City Hotel based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Renuka City Hotel price pattern first instead of the macroeconomic environment surrounding Renuka City Hotel. By analyzing Renuka City'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 Renuka City'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 Renuka City specific price patterns or momentum indicators. Please read more on our technical analysis page.
Renuka City November 26, 2024 Technical Indicators
Most technical analysis of Renuka 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 Renuka from various momentum indicators to cycle indicators. When you analyze Renuka 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 | 0.0454 | |||
| Market Risk Adjusted Performance | 4.47 | |||
| Mean Deviation | 1.07 | |||
| Semi Deviation | 1.22 | |||
| Downside Deviation | 2.55 | |||
| Coefficient Of Variation | 1948.81 | |||
| Standard Deviation | 2.02 | |||
| Variance | 4.09 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | 0.0912 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 4.46 | |||
| Maximum Drawdown | 11.79 | |||
| Value At Risk | (2.78) | |||
| Potential Upside | 5.05 | |||
| Downside Variance | 6.5 | |||
| Semi Variance | 1.49 | |||
| Expected Short fall | (2.81) | |||
| Skewness | 1.35 | |||
| Kurtosis | 4.01 |
Complementary Tools for Renuka Stock analysis
When running Renuka City's price analysis, check to measure Renuka City'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 Renuka City is operating at the current time. Most of Renuka City's value examination focuses on studying past and present price action to predict the probability of Renuka City's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renuka City's price. Additionally, you may evaluate how the addition of Renuka City to your portfolios can decrease your overall portfolio volatility.
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