Zimplats Holdings Limited Stock Technical Analysis
| ZMPLF Stock | USD 9.12 0.63 6.46% |
As of the 24th of November, Zimplats Holdings maintains the Mean Deviation of 0.926, market risk adjusted performance of (0.70), and Standard Deviation of 3.32. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Zimplats Holdings Limited, as well as the relationship between them. Please check out Zimplats Holdings market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Zimplats Holdings is priced fairly, providing market reflects its latest price of 9.12 per share. Given that Zimplats Holdings Limited has total risk alpha of (0.62), we strongly advise you to confirm Zimplats Holdings's prevalent market performance to make sure the company can sustain itself at a future point.
Zimplats Holdings Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Zimplats, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ZimplatsZimplats |
Zimplats Holdings 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.
Zimplats Holdings 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 Zimplats Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Zimplats Holdings Trend Analysis
Use this graph to draw trend lines for Zimplats Holdings Limited. You can use it to identify possible trend reversals for Zimplats Holdings 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 Zimplats Holdings price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Zimplats Holdings Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Zimplats Holdings Limited applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Zimplats Holdings Limited market price will keep on failing further. It has 122 observation points and a regression sum of squares at 24.42, which is the sum of squared deviations for the predicted Zimplats Holdings price change compared to its average price change.About Zimplats Holdings 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 Zimplats Holdings 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 Zimplats Holdings Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Zimplats Holdings price pattern first instead of the macroeconomic environment surrounding Zimplats Holdings. By analyzing Zimplats Holdings'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 Zimplats Holdings'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 Zimplats Holdings specific price patterns or momentum indicators. Please read more on our technical analysis page.
Zimplats Holdings November 24, 2024 Technical Indicators
Most technical analysis of Zimplats 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 Zimplats from various momentum indicators to cycle indicators. When you analyze Zimplats 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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| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.70) | |||
| Mean Deviation | 0.926 | |||
| Coefficient Of Variation | (3,793) | |||
| Standard Deviation | 3.32 | |||
| Variance | 11.0 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | (0.71) | |||
| Maximum Drawdown | 23.93 | |||
| Value At Risk | (2.20) | |||
| Skewness | (0.10) | |||
| Kurtosis | 23.78 |
Complementary Tools for Zimplats Pink Sheet analysis
When running Zimplats Holdings' price analysis, check to measure Zimplats Holdings' 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 Zimplats Holdings is operating at the current time. Most of Zimplats Holdings' value examination focuses on studying past and present price action to predict the probability of Zimplats Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zimplats Holdings' price. Additionally, you may evaluate how the addition of Zimplats Holdings to your portfolios can decrease your overall portfolio volatility.
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