The Weir Group Stock Technical Analysis
| WEIGF Stock | USD 27.05 0.00 0.00% |
As of the 3rd of December, Weir Group maintains the Standard Deviation of 1.91, market risk adjusted performance of 8.73, and Mean Deviation of 0.5937. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of The Weir Group, as well as the relationship between them. Please check out Weir Group standard deviation, treynor ratio, as well as the relationship between the Treynor Ratio and skewness to decide if Weir Group is priced fairly, providing market reflects its latest price of 27.05 per share. Given that The Weir Group has total risk alpha of (0.18), we strongly advise you to confirm Weir Group's prevalent market performance to make sure the company can sustain itself at a future point.
Weir 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 Weir, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WeirWeir |
Weir 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.
Weir Group Technical Analysis
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. 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 Weir Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Weir Group Trend Analysis
Use this graph to draw trend lines for The Weir Group. You can use it to identify possible trend reversals for Weir 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 Weir Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Weir Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for The Weir Group applied against its price change over selected period. The best fit line has a slop of 0.0071 , which may suggest that The Weir Group market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.89, which is the sum of squared deviations for the predicted Weir Group price change compared to its average price change.About Weir 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 The Weir Group 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 The Weir Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Weir Group price pattern first instead of the macroeconomic environment surrounding Weir Group. By analyzing Weir 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 Weir 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 Weir Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
Weir Group December 3, 2024 Technical Indicators
Most technical analysis of Weir 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 Weir from various momentum indicators to cycle indicators. When you analyze Weir 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 | 0.0512 | |||
| Market Risk Adjusted Performance | 8.73 | |||
| Mean Deviation | 0.5937 | |||
| Coefficient Of Variation | 1689.88 | |||
| Standard Deviation | 1.91 | |||
| Variance | 3.64 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | 0.1015 | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | 8.72 | |||
| Maximum Drawdown | 19.4 | |||
| Potential Upside | 2.93 | |||
| Skewness | (2.95) | |||
| Kurtosis | 28.35 |
Complementary Tools for Weir Pink Sheet analysis
When running Weir Group's price analysis, check to measure Weir 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 Weir Group is operating at the current time. Most of Weir Group's value examination focuses on studying past and present price action to predict the probability of Weir 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 Weir Group's price. Additionally, you may evaluate how the addition of Weir Group to your portfolios can decrease your overall portfolio volatility.
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