Treasure Global Stock Technical Analysis
| TGL Stock | USD 0.33 0.02 6.45% |
As of the 24th of November, Treasure Global has the Variance of 154.39, coefficient of variation of (1,018), and Risk Adjusted Performance of (0.07). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Treasure Global, as well as the relationship between them. Please validate Treasure Global coefficient of variation and maximum drawdown to decide if Treasure Global is priced more or less accurately, providing market reflects its prevalent price of 0.33 per share. As Treasure Global appears to be a penny stock we also recommend to double-check its jensen alpha numbers.
Treasure Global Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Treasure, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TreasureTreasure |
Treasure Global 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.
Treasure Global 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 Treasure Global volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Treasure Global Trend Analysis
Use this graph to draw trend lines for Treasure Global. You can use it to identify possible trend reversals for Treasure Global 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 Treasure Global price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Treasure Global Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Treasure Global applied against its price change over selected period. The best fit line has a slop of 0.0093 , which may imply that the returns on investment in Treasure Global will continue to fail. It has 122 observation points and a regression sum of squares at 3.24, which is the sum of squared deviations for the predicted Treasure Global price change compared to its average price change.About Treasure Global 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 Treasure Global 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 Treasure Global based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Treasure Global price pattern first instead of the macroeconomic environment surrounding Treasure Global. By analyzing Treasure Global'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 Treasure Global'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 Treasure Global specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 2.0K | 1.6K | 946.96 | 739.42 | Days Of Inventory On Hand | 1.0 | 2.12 | 0.47 | 0.45 |
Treasure Global November 24, 2024 Technical Indicators
Most technical analysis of Treasure 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 Treasure from various momentum indicators to cycle indicators. When you analyze Treasure 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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| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | (4.15) | |||
| Mean Deviation | 6.86 | |||
| Coefficient Of Variation | (1,018) | |||
| Standard Deviation | 12.43 | |||
| Variance | 154.39 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (1.27) | |||
| Total Risk Alpha | (3.19) | |||
| Treynor Ratio | (4.16) | |||
| Maximum Drawdown | 101.13 | |||
| Value At Risk | (16.22) | |||
| Potential Upside | 11.3 | |||
| Skewness | 3.44 | |||
| Kurtosis | 21.64 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Treasure Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more information on how to buy Treasure Stock please use our How to buy in Treasure Stock guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Treasure Global. If investors know Treasure will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Treasure Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.19) | Revenue Per Share 25.699 | Quarterly Revenue Growth (0.98) | Return On Assets (0.71) | Return On Equity (4.05) |
The market value of Treasure Global is measured differently than its book value, which is the value of Treasure that is recorded on the company's balance sheet. Investors also form their own opinion of Treasure Global's value that differs from its market value or its book value, called intrinsic value, which is Treasure Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Treasure Global's market value can be influenced by many factors that don't directly affect Treasure Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Treasure Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Treasure Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Treasure Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.