Tree Island Steel Stock Technical Analysis
| TSL Stock | CAD 2.80 0.16 5.41% |
As of the 22nd of November, Tree Island has the Risk Adjusted Performance of 0.0328, semi deviation of 2.43, and Coefficient Of Variation of 2977.94. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tree Island Steel, as well as the relationship between them.
Tree Island Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Tree, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TreeTree |
Tree Island 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.
Tree Island Steel Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Tree Island Steel volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Tree Island Steel Trend Analysis
Use this graph to draw trend lines for Tree Island Steel. You can use it to identify possible trend reversals for Tree Island 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 Tree Island price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Tree Island Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Tree Island Steel applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Tree Island Steel will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.38, which is the sum of squared deviations for the predicted Tree Island price change compared to its average price change.About Tree Island 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 Tree Island Steel 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 Tree Island Steel based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Tree Island Steel price pattern first instead of the macroeconomic environment surrounding Tree Island Steel. By analyzing Tree Island'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 Tree Island'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 Tree Island specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.031 | 0.42 | 0.0549 | 0.0521 | Price To Sales Ratio | 0.49 | 0.28 | 0.38 | 0.61 |
Tree Island November 22, 2024 Technical Indicators
Most technical analysis of Tree 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 Tree from various momentum indicators to cycle indicators. When you analyze Tree 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 | 0.0328 | |||
| Market Risk Adjusted Performance | (0.10) | |||
| Mean Deviation | 1.91 | |||
| Semi Deviation | 2.43 | |||
| Downside Deviation | 2.76 | |||
| Coefficient Of Variation | 2977.94 | |||
| Standard Deviation | 2.7 | |||
| Variance | 7.29 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | 0.153 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.11) | |||
| Maximum Drawdown | 12.46 | |||
| Value At Risk | (3.66) | |||
| Potential Upside | 4.87 | |||
| Downside Variance | 7.62 | |||
| Semi Variance | 5.91 | |||
| Expected Short fall | (2.06) | |||
| Skewness | 0.5962 | |||
| Kurtosis | 2.41 |
Other Information on Investing in Tree Stock
Tree Island financial ratios help investors to determine whether Tree Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tree with respect to the benefits of owning Tree Island security.