Welspun Enterprises (India) Technical Analysis
| WELENT Stock | 603.75 2.25 0.37% |
As of the 1st of February, Welspun Enterprises maintains the Market Risk Adjusted Performance of 1.38, downside deviation of 2.29, and Mean Deviation of 1.68. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Welspun Enterprises Limited, as well as the relationship between them.
Welspun Enterprises Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Welspun, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WelspunWelspun |
Welspun Enterprises 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.
Welspun Enterprises 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 Welspun Enterprises volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Welspun Enterprises Trend Analysis
Use this graph to draw trend lines for Welspun Enterprises Limited. You can use it to identify possible trend reversals for Welspun Enterprises 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 Welspun Enterprises price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Welspun Enterprises Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Welspun Enterprises Limited applied against its price change over selected period. The best fit line has a slop of 2.75 , which means Welspun Enterprises Limited will continue generating value for investors. It has 122 observation points and a regression sum of squares at 286541.44, which is the sum of squared deviations for the predicted Welspun Enterprises price change compared to its average price change.About Welspun Enterprises 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 Welspun Enterprises Limited 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 Welspun Enterprises Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Welspun Enterprises price pattern first instead of the macroeconomic environment surrounding Welspun Enterprises. By analyzing Welspun Enterprises'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 Welspun Enterprises'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 Welspun Enterprises specific price patterns or momentum indicators. Please read more on our technical analysis page.
Welspun Enterprises February 1, 2025 Technical Indicators
Most technical analysis of Welspun 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 Welspun from various momentum indicators to cycle indicators. When you analyze Welspun 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 | 0.1441 | |||
| Market Risk Adjusted Performance | 1.38 | |||
| Mean Deviation | 1.68 | |||
| Semi Deviation | 1.75 | |||
| Downside Deviation | 2.29 | |||
| Coefficient Of Variation | 609.51 | |||
| Standard Deviation | 2.37 | |||
| Variance | 5.62 | |||
| Information Ratio | 0.1309 | |||
| Jensen Alpha | 0.3601 | |||
| Total Risk Alpha | 0.1849 | |||
| Sortino Ratio | 0.1353 | |||
| Treynor Ratio | 1.37 | |||
| Maximum Drawdown | 12.13 | |||
| Value At Risk | (3.37) | |||
| Potential Upside | 4.36 | |||
| Downside Variance | 5.26 | |||
| Semi Variance | 3.08 | |||
| Expected Short fall | (1.84) | |||
| Skewness | 0.2421 | |||
| Kurtosis | 0.7647 |
Complementary Tools for Welspun Stock analysis
When running Welspun Enterprises' price analysis, check to measure Welspun Enterprises' 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 Welspun Enterprises is operating at the current time. Most of Welspun Enterprises' value examination focuses on studying past and present price action to predict the probability of Welspun Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Welspun Enterprises' price. Additionally, you may evaluate how the addition of Welspun Enterprises to your portfolios can decrease your overall portfolio volatility.
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