Convenience Foods (Sri Lanka) Technical Analysis
| SOYN0000 | LKR 840.50 19.75 2.30% |
As of the 25th of November, Convenience Foods shows the Mean Deviation of 1.23, downside deviation of 1.95, and Risk Adjusted Performance of 0.0144. Our technical analysis interface gives you tools to check existing technical drivers of Convenience Foods PLC, as well as the relationship between them.
Convenience Foods Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Convenience, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ConvenienceConvenience |
Convenience Foods 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.
Convenience Foods PLC 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 Convenience Foods PLC volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Convenience Foods PLC Trend Analysis
Use this graph to draw trend lines for Convenience Foods PLC. You can use it to identify possible trend reversals for Convenience Foods 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 Convenience Foods price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Convenience Foods Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Convenience Foods PLC applied against its price change over selected period. The best fit line has a slop of 0.80 , which means Convenience Foods PLC will continue generating value for investors. It has 122 observation points and a regression sum of squares at 24463.89, which is the sum of squared deviations for the predicted Convenience Foods price change compared to its average price change.About Convenience Foods 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 Convenience Foods PLC 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 Convenience Foods PLC based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Convenience Foods PLC price pattern first instead of the macroeconomic environment surrounding Convenience Foods PLC. By analyzing Convenience Foods'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 Convenience Foods'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 Convenience Foods specific price patterns or momentum indicators. Please read more on our technical analysis page.
Convenience Foods November 25, 2024 Technical Indicators
Most technical analysis of Convenience 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 Convenience from various momentum indicators to cycle indicators. When you analyze Convenience 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 | 0.0144 | |||
| Market Risk Adjusted Performance | 0.0427 | |||
| Mean Deviation | 1.23 | |||
| Semi Deviation | 1.74 | |||
| Downside Deviation | 1.95 | |||
| Coefficient Of Variation | 9330.18 | |||
| Standard Deviation | 2.01 | |||
| Variance | 4.04 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0327 | |||
| Maximum Drawdown | 11.6 | |||
| Value At Risk | (2.56) | |||
| Potential Upside | 2.89 | |||
| Downside Variance | 3.8 | |||
| Semi Variance | 3.04 | |||
| Expected Short fall | (1.42) | |||
| Skewness | 0.6681 | |||
| Kurtosis | 4.67 |
Complementary Tools for Convenience Stock analysis
When running Convenience Foods' price analysis, check to measure Convenience Foods' 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 Convenience Foods is operating at the current time. Most of Convenience Foods' value examination focuses on studying past and present price action to predict the probability of Convenience Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Convenience Foods' price. Additionally, you may evaluate how the addition of Convenience Foods to your portfolios can decrease your overall portfolio volatility.
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