Torm Plc Class Stock Technical Analysis
| TRMD Stock | USD 21.25 0.64 2.92% |
As of the 25th of November, Torm PLC has the Variance of 5.39, coefficient of variation of (329.03), and Risk Adjusted Performance of (0.23). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Torm PLC Class, as well as the relationship between them. Please validate Torm PLC Class standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if Torm PLC is priced more or less accurately, providing market reflects its prevalent price of 21.25 per share. Given that Torm PLC Class has information ratio of (0.36), we advise you to double-check Torm PLC Class's current market performance to make sure the company can sustain itself at a future point.
Torm PLC Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Torm, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TormTorm |
Torm PLC Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 34.13 | Strong Buy | 2 | Odds |
Most Torm 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 Torm stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Torm PLC Class, talking to its executives and customers, or listening to Torm conference calls.
Torm PLC 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.
Torm PLC Class 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 Torm PLC Class volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Torm PLC Class Trend Analysis
Use this graph to draw trend lines for Torm PLC Class. You can use it to identify possible trend reversals for Torm PLC 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 Torm PLC price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Torm PLC Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Torm PLC Class applied against its price change over selected period. The best fit line has a slop of 0.25 , which may suggest that Torm PLC Class market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2277.62, which is the sum of squared deviations for the predicted Torm PLC price change compared to its average price change.About Torm PLC 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 Torm PLC Class 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 Torm PLC Class based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Torm PLC Class price pattern first instead of the macroeconomic environment surrounding Torm PLC Class. By analyzing Torm PLC'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 Torm PLC'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 Torm PLC specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2023 | 2024 (projected) | Dividend Yield | 0.072 | 0.22 | 0.24 | Price To Sales Ratio | 1.0 | 1.72 | 2.32 |
Torm PLC November 25, 2024 Technical Indicators
Most technical analysis of Torm 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 Torm from various momentum indicators to cycle indicators. When you analyze Torm 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 | (0.23) | |||
| Market Risk Adjusted Performance | (1.05) | |||
| Mean Deviation | 1.72 | |||
| Coefficient Of Variation | (329.03) | |||
| Standard Deviation | 2.32 | |||
| Variance | 5.39 | |||
| Information Ratio | (0.36) | |||
| Jensen Alpha | (0.80) | |||
| Total Risk Alpha | (1.08) | |||
| Treynor Ratio | (1.06) | |||
| Maximum Drawdown | 12.22 | |||
| Value At Risk | (5.12) | |||
| Potential Upside | 2.54 | |||
| Skewness | (0.86) | |||
| Kurtosis | 1.46 |
Torm PLC November 25, 2024 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 Torm 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 | 54,039 | ||
| Daily Balance Of Power | (0.91) | ||
| Rate Of Daily Change | 0.97 | ||
| Day Median Price | 21.56 | ||
| Day Typical Price | 21.46 | ||
| Price Action Indicator | (0.63) |
Complementary Tools for Torm Stock analysis
When running Torm PLC's price analysis, check to measure Torm PLC'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 Torm PLC is operating at the current time. Most of Torm PLC's value examination focuses on studying past and present price action to predict the probability of Torm PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Torm PLC's price. Additionally, you may evaluate how the addition of Torm PLC to your portfolios can decrease your overall portfolio volatility.
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