United Drilling (India) Technical Analysis
| UNIDT Stock | 238.07 3.53 1.51% |
As of the 28th of November, United Drilling has the Variance of 4.64, coefficient of variation of (1,499), and Risk Adjusted Performance of (0.04). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of United Drilling Tools, as well as the relationship between them.
United Drilling Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as United, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to UnitedUnited |
United Drilling 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.
United Drilling Tools Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 United Drilling Tools volatility. High ATR values indicate high volatility, and low values indicate low volatility.
United Drilling Tools Trend Analysis
Use this graph to draw trend lines for United Drilling Tools. You can use it to identify possible trend reversals for United Drilling 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 United Drilling price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.United Drilling Best Fit Change Line
The following chart estimates an ordinary least squares regression model for United Drilling Tools applied against its price change over selected period. The best fit line has a slop of 0.44 , which may suggest that United Drilling Tools market price will keep on failing further. It has 122 observation points and a regression sum of squares at 7461.33, which is the sum of squared deviations for the predicted United Drilling price change compared to its average price change.About United Drilling 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 United Drilling Tools 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 United Drilling Tools based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on United Drilling Tools price pattern first instead of the macroeconomic environment surrounding United Drilling Tools. By analyzing United Drilling'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 United Drilling'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 United Drilling specific price patterns or momentum indicators. Please read more on our technical analysis page.
United Drilling November 28, 2024 Technical Indicators
Most technical analysis of United 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 United from various momentum indicators to cycle indicators. When you analyze United 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.
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| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | 0.997 | |||
| Mean Deviation | 1.56 | |||
| Coefficient Of Variation | (1,499) | |||
| Standard Deviation | 2.15 | |||
| Variance | 4.64 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | 0.987 | |||
| Maximum Drawdown | 10.34 | |||
| Value At Risk | (4.20) | |||
| Potential Upside | 3.2 | |||
| Skewness | (0.37) | |||
| Kurtosis | 1.01 |
Other Information on Investing in United Stock
United Drilling financial ratios help investors to determine whether United 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 United with respect to the benefits of owning United Drilling security.