Coromandel International (India) Technical Analysis
| COROMANDEL | 1,958 2.25 0.12% |
As of the 5th of January, Coromandel International shows the Downside Deviation of 1.42, mean deviation of 1.15, and Risk Adjusted Performance of 0.2023. Coromandel International technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.
Coromandel International Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Coromandel, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CoromandelCoromandel |
Coromandel International 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.
Coromandel International Technical Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. 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 Coromandel International volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Coromandel International Trend Analysis
Use this graph to draw trend lines for Coromandel International Limited. You can use it to identify possible trend reversals for Coromandel International 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 Coromandel International price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Coromandel International Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Coromandel International Limited applied against its price change over selected period. The best fit line has a slop of 5.26 , which means Coromandel International Limited will continue producing value for investors. It has 122 observation points and a regression sum of squares at 1047571.41, which is the sum of squared deviations for the predicted Coromandel International price change compared to its average price change.About Coromandel International 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 Coromandel International 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 Coromandel International Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Coromandel International price pattern first instead of the macroeconomic environment surrounding Coromandel International. By analyzing Coromandel International'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 Coromandel International'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 Coromandel International specific price patterns or momentum indicators. Please read more on our technical analysis page.
Coromandel International January 5, 2025 Technical Indicators
Most technical analysis of Coromandel 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 Coromandel from various momentum indicators to cycle indicators. When you analyze Coromandel 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 | 0.2023 | |||
| Market Risk Adjusted Performance | 2.04 | |||
| Mean Deviation | 1.15 | |||
| Semi Deviation | 1.02 | |||
| Downside Deviation | 1.42 | |||
| Coefficient Of Variation | 410.29 | |||
| Standard Deviation | 1.5 | |||
| Variance | 2.26 | |||
| Information Ratio | 0.2289 | |||
| Jensen Alpha | 0.3541 | |||
| Total Risk Alpha | 0.3334 | |||
| Sortino Ratio | 0.2425 | |||
| Treynor Ratio | 2.03 | |||
| Maximum Drawdown | 6.04 | |||
| Value At Risk | (2.41) | |||
| Potential Upside | 2.53 | |||
| Downside Variance | 2.01 | |||
| Semi Variance | 1.03 | |||
| Expected Short fall | (1.34) | |||
| Skewness | (0.02) | |||
| Kurtosis | 0.1661 |
Other Information on Investing in Coromandel Stock
Coromandel International financial ratios help investors to determine whether Coromandel Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Coromandel with respect to the benefits of owning Coromandel International security.