SASA Polyester (Turkey) Technical Analysis
| SASA Stock | TRY 4.23 0.06 1.44% |
As of the 26th of November, SASA Polyester has the Risk Adjusted Performance of (0.07), standard deviation of 2.5, and Market Risk Adjusted Performance of (0.52). In connection with fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of SASA Polyester Sanayi, as well as the relationship between them. Please validate SASA Polyester Sanayi mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if SASA Polyester is priced adequately, providing market reflects its prevalent price of 4.23 per share.
SASA Polyester Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SASA, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SASASASA |
SASA Polyester 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.
SASA Polyester Sanayi Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 SASA Polyester Sanayi volatility. High ATR values indicate high volatility, and low values indicate low volatility.
SASA Polyester Sanayi Trend Analysis
Use this graph to draw trend lines for SASA Polyester Sanayi. You can use it to identify possible trend reversals for SASA Polyester 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 SASA Polyester price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.SASA Polyester Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SASA Polyester Sanayi applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that SASA Polyester Sanayi market price will keep on failing further. It has 122 observation points and a regression sum of squares at 8.53, which is the sum of squared deviations for the predicted SASA Polyester price change compared to its average price change.About SASA Polyester 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 SASA Polyester Sanayi 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 SASA Polyester Sanayi based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on SASA Polyester Sanayi price pattern first instead of the macroeconomic environment surrounding SASA Polyester Sanayi. By analyzing SASA Polyester'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 SASA Polyester'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 SASA Polyester specific price patterns or momentum indicators. Please read more on our technical analysis page.
SASA Polyester November 26, 2024 Technical Indicators
Most technical analysis of SASA 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 SASA from various momentum indicators to cycle indicators. When you analyze SASA 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 | (0.07) | |||
| Market Risk Adjusted Performance | (0.52) | |||
| Mean Deviation | 1.97 | |||
| Coefficient Of Variation | (987.45) | |||
| Standard Deviation | 2.5 | |||
| Variance | 6.24 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.66) | |||
| Treynor Ratio | (0.53) | |||
| Maximum Drawdown | 10.59 | |||
| Value At Risk | (4.15) | |||
| Potential Upside | 4.44 | |||
| Skewness | 0.4386 | |||
| Kurtosis | 0.3281 |
SASA Polyester November 26, 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 SASA 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 | 67,107,666 | ||
| Daily Balance Of Power | 0.22 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 4.26 | ||
| Day Typical Price | 4.25 | ||
| Price Action Indicator | 0.01 |
Additional Tools for SASA Stock Analysis
When running SASA Polyester's price analysis, check to measure SASA Polyester'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 SASA Polyester is operating at the current time. Most of SASA Polyester's value examination focuses on studying past and present price action to predict the probability of SASA Polyester's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SASA Polyester's price. Additionally, you may evaluate how the addition of SASA Polyester to your portfolios can decrease your overall portfolio volatility.