Top Glove Stock Technical Analysis
| TGLVY Stock | USD 0.65 0.16 19.75% |
As of the 30th of November, Top GloveBhd has the Coefficient Of Variation of (13,933), variance of 64.81, and Risk Adjusted Performance of 0.0036. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Top GloveBhd, as well as the relationship between them.
Top GloveBhd Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Top, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TopTop |
Top GloveBhd technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Top GloveBhd Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Top GloveBhd volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Top GloveBhd Trend Analysis
Use this graph to draw trend lines for Top Glove. You can use it to identify possible trend reversals for Top GloveBhd 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 Top GloveBhd price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Top GloveBhd Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Top Glove applied against its price change over selected period. The best fit line has a slop of 0.0016 , which may suggest that Top Glove market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.09, which is the sum of squared deviations for the predicted Top GloveBhd price change compared to its average price change.About Top GloveBhd 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 Top Glove 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 Top Glove based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Top GloveBhd price pattern first instead of the macroeconomic environment surrounding Top GloveBhd. By analyzing Top GloveBhd'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 Top GloveBhd'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 Top GloveBhd specific price patterns or momentum indicators. Please read more on our technical analysis page.
Top GloveBhd November 30, 2024 Technical Indicators
Most technical analysis of Top 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 Top from various momentum indicators to cycle indicators. When you analyze Top 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 | ||
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| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | 0.0036 | |||
| Market Risk Adjusted Performance | (0.06) | |||
| Mean Deviation | 4.68 | |||
| Coefficient Of Variation | (13,933) | |||
| Standard Deviation | 8.05 | |||
| Variance | 64.81 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (1.41) | |||
| Treynor Ratio | (0.07) | |||
| Maximum Drawdown | 40.49 | |||
| Value At Risk | (10.10) | |||
| Potential Upside | 12.22 | |||
| Skewness | (0.95) | |||
| Kurtosis | 7.84 |
Additional Tools for Top Pink Sheet Analysis
When running Top GloveBhd's price analysis, check to measure Top GloveBhd'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 Top GloveBhd is operating at the current time. Most of Top GloveBhd's value examination focuses on studying past and present price action to predict the probability of Top GloveBhd's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Top GloveBhd's price. Additionally, you may evaluate how the addition of Top GloveBhd to your portfolios can decrease your overall portfolio volatility.