Trex Company Stock Technical Analysis
| TREX Stock | USD 72.25 1.91 2.72% |
As of the 25th of November, Trex has the Semi Deviation of 1.75, risk adjusted performance of 0.0805, and Coefficient Of Variation of 1033.94. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Trex Company, as well as the relationship between them.
Trex Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Trex, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TrexTrex |
Trex Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 75.06 | Buy | 18 | Odds |
Most Trex analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Trex stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Trex Company, talking to its executives and customers, or listening to Trex conference calls.
Trex 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.
Trex Company 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 Trex Company volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Trex Company Trend Analysis
Use this graph to draw trend lines for Trex Company. You can use it to identify possible trend reversals for Trex 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 Trex price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Trex Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Trex Company applied against its price change over selected period. The best fit line has a slop of 0.12 , which means Trex Company will continue generating value for investors. It has 122 observation points and a regression sum of squares at 589.53, which is the sum of squared deviations for the predicted Trex price change compared to its average price change.About Trex 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 Trex Company 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 Trex Company based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Trex Company price pattern first instead of the macroeconomic environment surrounding Trex Company. By analyzing Trex'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 Trex'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 Trex specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Dividend Yield | 0.0437 | 0.0459 | Price To Sales Ratio | 8.22 | 8.63 |
Trex November 25, 2024 Technical Indicators
Most technical analysis of Trex 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 Trex from various momentum indicators to cycle indicators. When you analyze Trex 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 | 0.0805 | |||
| Market Risk Adjusted Performance | 0.1961 | |||
| Mean Deviation | 1.55 | |||
| Semi Deviation | 1.75 | |||
| Downside Deviation | 1.95 | |||
| Coefficient Of Variation | 1033.94 | |||
| Standard Deviation | 2.11 | |||
| Variance | 4.44 | |||
| Information Ratio | 0.0346 | |||
| Jensen Alpha | 0.068 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0373 | |||
| Treynor Ratio | 0.1861 | |||
| Maximum Drawdown | 10.25 | |||
| Value At Risk | (2.93) | |||
| Potential Upside | 3.4 | |||
| Downside Variance | 3.82 | |||
| Semi Variance | 3.07 | |||
| Expected Short fall | (1.70) | |||
| Skewness | 0.2921 | |||
| Kurtosis | 0.7048 |
Additional Tools for Trex Stock Analysis
When running Trex's price analysis, check to measure Trex'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 Trex is operating at the current time. Most of Trex's value examination focuses on studying past and present price action to predict the probability of Trex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trex's price. Additionally, you may evaluate how the addition of Trex to your portfolios can decrease your overall portfolio volatility.