Vodacom Group Ltd Stock Technical Analysis
| VDMCY Stock | USD 5.74 0.05 0.88% |
As of the 23rd of November, Vodacom Group has the Variance of 4.47, coefficient of variation of (1,981), and Risk Adjusted Performance of (0.03). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Vodacom Group, as well as the relationship between them.
Vodacom Group Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Vodacom, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to VodacomVodacom |
Vodacom Group technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Vodacom Group Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Vodacom Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Vodacom Group Trend Analysis
Use this graph to draw trend lines for Vodacom Group Ltd. You can use it to identify possible trend reversals for Vodacom Group 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 Vodacom Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Vodacom Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Vodacom Group Ltd applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that Vodacom Group Ltd market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4.34, which is the sum of squared deviations for the predicted Vodacom Group price change compared to its average price change.About Vodacom Group 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 Vodacom Group Ltd 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 Vodacom Group Ltd based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Vodacom Group price pattern first instead of the macroeconomic environment surrounding Vodacom Group. By analyzing Vodacom Group'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 Vodacom Group'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 Vodacom Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
Vodacom Group November 23, 2024 Technical Indicators
Most technical analysis of Vodacom 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 Vodacom from various momentum indicators to cycle indicators. When you analyze Vodacom 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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| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | 0.9298 | |||
| Mean Deviation | 1.61 | |||
| Coefficient Of Variation | (1,981) | |||
| Standard Deviation | 2.11 | |||
| Variance | 4.47 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | 0.9198 | |||
| Maximum Drawdown | 9.9 | |||
| Value At Risk | (3.68) | |||
| Potential Upside | 3.28 | |||
| Skewness | (0.38) | |||
| Kurtosis | 0.3558 |
Additional Tools for Vodacom Pink Sheet Analysis
When running Vodacom Group's price analysis, check to measure Vodacom Group'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 Vodacom Group is operating at the current time. Most of Vodacom Group's value examination focuses on studying past and present price action to predict the probability of Vodacom Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vodacom Group's price. Additionally, you may evaluate how the addition of Vodacom Group to your portfolios can decrease your overall portfolio volatility.