Eros International (India) Technical Analysis
| EROSMEDIA | 15.47 0.26 1.65% |
As of the 1st of December, Eros International shows the Standard Deviation of 2.85, variance of 8.12, and Mean Deviation of 2.02. Eros International Media technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Eros International Media variance and potential upside to decide if Eros International Media is priced favorably, providing market reflects its regular price of 15.47 per share.
Eros 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 Eros, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ErosEros |
Eros 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.
Eros International Media Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Eros International Media volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Eros International Media Trend Analysis
Use this graph to draw trend lines for Eros International Media. You can use it to identify possible trend reversals for Eros 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 Eros International price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Eros International Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Eros International Media applied against its price change over selected period. The best fit line has a slop of 0.07 , which may suggest that Eros International Media market price will keep on failing further. It has 122 observation points and a regression sum of squares at 208.2, which is the sum of squared deviations for the predicted Eros International price change compared to its average price change.About Eros 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 Eros International Media 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 Eros International Media based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Eros International Media price pattern first instead of the macroeconomic environment surrounding Eros International Media. By analyzing Eros 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 Eros 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 Eros International specific price patterns or momentum indicators. Please read more on our technical analysis page.
Eros International December 1, 2024 Technical Indicators
Most technical analysis of Eros 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 Eros from various momentum indicators to cycle indicators. When you analyze Eros 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (0.57) | |||
| Mean Deviation | 2.02 | |||
| Coefficient Of Variation | (1,319) | |||
| Standard Deviation | 2.85 | |||
| Variance | 8.12 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.70) | |||
| Treynor Ratio | (0.58) | |||
| Maximum Drawdown | 15.97 | |||
| Value At Risk | (5.03) | |||
| Potential Upside | 3.66 | |||
| Skewness | 0.5658 | |||
| Kurtosis | 2.13 |
Complementary Tools for Eros Stock analysis
When running Eros International's price analysis, check to measure Eros International'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 Eros International is operating at the current time. Most of Eros International's value examination focuses on studying past and present price action to predict the probability of Eros International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eros International's price. Additionally, you may evaluate how the addition of Eros International to your portfolios can decrease your overall portfolio volatility.
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