Ross Stores (Brazil) Technical Analysis
| ROST34 Stock | BRL 446.00 30.00 7.21% |
As of the 23rd of November, Ross Stores holds the Semi Deviation of 1.18, coefficient of variation of 1588.15, and Risk Adjusted Performance of 0.0535. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Ross Stores, as well as the relationship between them.
Ross Stores Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ross, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RossRoss |
Ross Stores 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.
Ross Stores 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 Ross Stores volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Ross Stores Trend Analysis
Use this graph to draw trend lines for Ross Stores. You can use it to identify possible trend reversals for Ross Stores 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 Ross Stores price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Ross Stores Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ross Stores applied against its price change over selected period. The best fit line has a slop of 0.16 , which may suggest that Ross Stores market price will keep on failing further. It has 122 observation points and a regression sum of squares at 962.35, which is the sum of squared deviations for the predicted Ross Stores price change compared to its average price change.About Ross Stores 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 Ross Stores 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 Ross Stores based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Ross Stores price pattern first instead of the macroeconomic environment surrounding Ross Stores. By analyzing Ross Stores'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 Ross Stores'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 Ross Stores specific price patterns or momentum indicators. Please read more on our technical analysis page.
Ross Stores November 23, 2024 Technical Indicators
Most technical analysis of Ross 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 Ross from various momentum indicators to cycle indicators. When you analyze Ross 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 | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0535 | |||
| Market Risk Adjusted Performance | 0.5033 | |||
| Mean Deviation | 1.06 | |||
| Semi Deviation | 1.18 | |||
| Downside Deviation | 1.49 | |||
| Coefficient Of Variation | 1588.15 | |||
| Standard Deviation | 1.61 | |||
| Variance | 2.58 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | 0.0688 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.4933 | |||
| Maximum Drawdown | 6.87 | |||
| Value At Risk | (2.19) | |||
| Potential Upside | 2.49 | |||
| Downside Variance | 2.22 | |||
| Semi Variance | 1.4 | |||
| Expected Short fall | (1.51) | |||
| Skewness | 1.09 | |||
| Kurtosis | 5.58 |
Complementary Tools for Ross Stock analysis
When running Ross Stores' price analysis, check to measure Ross Stores' 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 Ross Stores is operating at the current time. Most of Ross Stores' value examination focuses on studying past and present price action to predict the probability of Ross Stores' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ross Stores' price. Additionally, you may evaluate how the addition of Ross Stores to your portfolios can decrease your overall portfolio volatility.
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