Tamilnad Mercantile (India) Technical Analysis
| TMB Stock | 423.95 7.60 1.76% |
As of the 31st of January, Tamilnad Mercantile has the Risk Adjusted Performance of (0.01), variance of 1.51, and Coefficient Of Variation of (6,194). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tamilnad Mercantile Bank, as well as the relationship between them. Please validate Tamilnad Mercantile Bank maximum drawdown, as well as the relationship between the potential upside and kurtosis to decide if Tamilnad Mercantile is priced more or less accurately, providing market reflects its prevalent price of 423.95 per share.
Tamilnad Mercantile Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Tamilnad, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TamilnadTamilnad |
Tamilnad Mercantile 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.
Tamilnad Mercantile Bank Technical Analysis
The output start index for this execution was fourty-five with a total number of output elements of sixteen. 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 Tamilnad Mercantile Bank volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Tamilnad Mercantile Bank Trend Analysis
Use this graph to draw trend lines for Tamilnad Mercantile Bank. You can use it to identify possible trend reversals for Tamilnad Mercantile 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 Tamilnad Mercantile price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Tamilnad Mercantile Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Tamilnad Mercantile Bank applied against its price change over selected period. The best fit line has a slop of 0.21 , which may suggest that Tamilnad Mercantile Bank market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1607.64, which is the sum of squared deviations for the predicted Tamilnad Mercantile price change compared to its average price change.About Tamilnad Mercantile 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 Tamilnad Mercantile Bank 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 Tamilnad Mercantile Bank based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Tamilnad Mercantile Bank price pattern first instead of the macroeconomic environment surrounding Tamilnad Mercantile Bank. By analyzing Tamilnad Mercantile'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 Tamilnad Mercantile'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 Tamilnad Mercantile specific price patterns or momentum indicators. Please read more on our technical analysis page.
Tamilnad Mercantile January 31, 2025 Technical Indicators
Most technical analysis of Tamilnad 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 Tamilnad from various momentum indicators to cycle indicators. When you analyze Tamilnad 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 | (0.01) | |||
| Market Risk Adjusted Performance | (0.09) | |||
| Mean Deviation | 0.9244 | |||
| Coefficient Of Variation | (6,194) | |||
| Standard Deviation | 1.23 | |||
| Variance | 1.51 | |||
| Information Ratio | (0.1) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.10) | |||
| Maximum Drawdown | 5.73 | |||
| Value At Risk | (1.88) | |||
| Potential Upside | 2.36 | |||
| Skewness | 0.2311 | |||
| Kurtosis | 0.0328 |
Tamilnad Mercantile January 31, 2025 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 Tamilnad 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 | 12,074 | ||
| Daily Balance Of Power | (0.37) | ||
| Rate Of Daily Change | 0.98 | ||
| Day Median Price | 428.63 | ||
| Day Typical Price | 427.07 | ||
| Price Action Indicator | (8.48) |
Complementary Tools for Tamilnad Stock analysis
When running Tamilnad Mercantile's price analysis, check to measure Tamilnad Mercantile'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 Tamilnad Mercantile is operating at the current time. Most of Tamilnad Mercantile's value examination focuses on studying past and present price action to predict the probability of Tamilnad Mercantile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tamilnad Mercantile's price. Additionally, you may evaluate how the addition of Tamilnad Mercantile to your portfolios can decrease your overall portfolio volatility.
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device |