Water Ways Technologies Stock Technical Analysis
| WWT Stock | CAD 0.01 0.01 100.00% |
As of the 29th of November, Water Ways maintains the Mean Deviation of 14.64, market risk adjusted performance of (0.27), and Downside Deviation of 41.35. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Water Ways Technologies, as well as the relationship between them. Please check out Water Ways Technologies jensen alpha and downside variance to decide if Water Ways Technologies is priced fairly, providing market reflects its latest price of 0.01 per share.
Water Ways Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Water, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WaterWater |
Water Ways 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.
Water Ways Technologies 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 Water Ways Technologies volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Water Ways Technologies Trend Analysis
Use this graph to draw trend lines for Water Ways Technologies. You can use it to identify possible trend reversals for Water Ways 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 Water Ways price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Water Ways Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Water Ways Technologies applied against its price change over selected period. The best fit line has a slop of 0.0001 , which may suggest that Water Ways Technologies market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Water Ways price change compared to its average price change.About Water Ways 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 Water Ways Technologies 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 Water Ways Technologies based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Water Ways Technologies price pattern first instead of the macroeconomic environment surrounding Water Ways Technologies. By analyzing Water Ways'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 Water Ways'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 Water Ways specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 3.04 | 3.37 | 2.83 | 2.33 | Days Of Inventory On Hand | 54.23 | 91.0 | 97.31 | 52.21 |
Water Ways November 29, 2024 Technical Indicators
Most technical analysis of Water 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 Water from various momentum indicators to cycle indicators. When you analyze Water 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 | 0.0739 | |||
| Market Risk Adjusted Performance | (0.27) | |||
| Mean Deviation | 14.64 | |||
| Semi Deviation | 15.28 | |||
| Downside Deviation | 41.35 | |||
| Coefficient Of Variation | 1193.66 | |||
| Standard Deviation | 28.64 | |||
| Variance | 820.01 | |||
| Information Ratio | 0.0794 | |||
| Jensen Alpha | 3.36 | |||
| Total Risk Alpha | (1.92) | |||
| Sortino Ratio | 0.055 | |||
| Treynor Ratio | (0.28) | |||
| Maximum Drawdown | 150.0 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 50.0 | |||
| Downside Variance | 1710.07 | |||
| Semi Variance | 233.43 | |||
| Expected Short fall | (71.43) | |||
| Skewness | 1.72 | |||
| Kurtosis | 4.99 |
Additional Tools for Water Stock Analysis
When running Water Ways' price analysis, check to measure Water Ways' 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 Water Ways is operating at the current time. Most of Water Ways' value examination focuses on studying past and present price action to predict the probability of Water Ways' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Water Ways' price. Additionally, you may evaluate how the addition of Water Ways to your portfolios can decrease your overall portfolio volatility.