Union Chemicals (Sri Lanka) Technical Analysis
| UCARN0000 | 699.75 0.25 0.04% |
As of the 22nd of November, Union Chemicals has the Semi Deviation of 1.35, coefficient of variation of 2650.5, and Risk Adjusted Performance of 0.0349. Our technical analysis interface makes it possible for you to check existing technical drivers of Union Chemicals Lanka, as well as the relationship between them.
Union Chemicals Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Union, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to UnionUnion |
Union Chemicals 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.
Union Chemicals Lanka Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Union Chemicals Lanka volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Union Chemicals Lanka Trend Analysis
Use this graph to draw trend lines for Union Chemicals Lanka. You can use it to identify possible trend reversals for Union Chemicals 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 Union Chemicals price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Union Chemicals Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Union Chemicals Lanka applied against its price change over selected period. The best fit line has a slop of 1.13 , which means Union Chemicals Lanka will continue generating value for investors. It has 122 observation points and a regression sum of squares at 48010.05, which is the sum of squared deviations for the predicted Union Chemicals price change compared to its average price change.About Union Chemicals 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 Union Chemicals Lanka 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 Union Chemicals Lanka based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Union Chemicals Lanka price pattern first instead of the macroeconomic environment surrounding Union Chemicals Lanka. By analyzing Union Chemicals'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 Union Chemicals'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 Union Chemicals specific price patterns or momentum indicators. Please read more on our technical analysis page.
Union Chemicals November 22, 2024 Technical Indicators
Most technical analysis of Union 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 Union from various momentum indicators to cycle indicators. When you analyze Union 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 | 0.0349 | |||
| Market Risk Adjusted Performance | (0.48) | |||
| Mean Deviation | 0.8193 | |||
| Semi Deviation | 1.35 | |||
| Downside Deviation | 3.11 | |||
| Coefficient Of Variation | 2650.5 | |||
| Standard Deviation | 1.99 | |||
| Variance | 3.96 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | 0.0783 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.49) | |||
| Maximum Drawdown | 11.73 | |||
| Value At Risk | (2.65) | |||
| Potential Upside | 4.36 | |||
| Downside Variance | 9.68 | |||
| Semi Variance | 1.83 | |||
| Expected Short fall | (2.15) | |||
| Skewness | 0.5408 | |||
| Kurtosis | 7.72 |
Complementary Tools for Union Stock analysis
When running Union Chemicals' price analysis, check to measure Union Chemicals' 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 Union Chemicals is operating at the current time. Most of Union Chemicals' value examination focuses on studying past and present price action to predict the probability of Union Chemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Union Chemicals' price. Additionally, you may evaluate how the addition of Union Chemicals to your portfolios can decrease your overall portfolio volatility.
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |