Spencers Retail (India) Technical Analysis
| SPENCERS | 81.18 0.31 0.38% |
As of the 23rd of November, Spencers Retail has the Variance of 10.58, coefficient of variation of (1,673), and Risk Adjusted Performance of (0.04). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Spencers Retail, as well as the relationship between them. Please validate Spencers Retail information ratio, as well as the relationship between the value at risk and kurtosis to decide if Spencers Retail is priced more or less accurately, providing market reflects its prevalent price of 81.18 per share.
Spencers Retail Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Spencers, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SpencersSpencers |
Spencers Retail 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.
Spencers Retail 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 Spencers Retail volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Spencers Retail Trend Analysis
Use this graph to draw trend lines for Spencers Retail Limited. You can use it to identify possible trend reversals for Spencers Retail 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 Spencers Retail price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Spencers Retail Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Spencers Retail Limited applied against its price change over selected period. The best fit line has a slop of 0.37 , which may suggest that Spencers Retail Limited market price will keep on failing further. It has 122 observation points and a regression sum of squares at 5111.82, which is the sum of squared deviations for the predicted Spencers Retail price change compared to its average price change.About Spencers Retail 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 Spencers Retail 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 Spencers Retail Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Spencers Retail price pattern first instead of the macroeconomic environment surrounding Spencers Retail. By analyzing Spencers Retail'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 Spencers Retail'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 Spencers Retail specific price patterns or momentum indicators. Please read more on our technical analysis page.
Spencers Retail November 23, 2024 Technical Indicators
Most technical analysis of Spencers 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 Spencers from various momentum indicators to cycle indicators. When you analyze Spencers 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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| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (2.23) | |||
| Mean Deviation | 2.35 | |||
| Coefficient Of Variation | (1,673) | |||
| Standard Deviation | 3.25 | |||
| Variance | 10.58 | |||
| Information Ratio | (0.1) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.72) | |||
| Treynor Ratio | (2.24) | |||
| Maximum Drawdown | 17.49 | |||
| Value At Risk | (4.64) | |||
| Potential Upside | 5.43 | |||
| Skewness | 1.05 | |||
| Kurtosis | 2.4 |
Additional Tools for Spencers Stock Analysis
When running Spencers Retail's price analysis, check to measure Spencers Retail'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 Spencers Retail is operating at the current time. Most of Spencers Retail's value examination focuses on studying past and present price action to predict the probability of Spencers Retail's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spencers Retail's price. Additionally, you may evaluate how the addition of Spencers Retail to your portfolios can decrease your overall portfolio volatility.