Remgro (South Africa) Technical Analysis
REM Stock | 15,414 77.00 0.50% |
As of the 23rd of December, Remgro holds the Coefficient Of Variation of 1809.06, risk adjusted performance of 0.0486, and Semi Deviation of 1.25. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Remgro, as well as the relationship between them. Please check Remgro value at risk, expected short fall, and the relationship between the treynor ratio and downside variance to decide if Remgro is priced some-what accurately, providing market reflects its current price of 15414.0 per share.
Remgro Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Remgro, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RemgroRemgro |
Remgro 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.
Remgro Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Remgro volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Remgro Trend Analysis
Use this graph to draw trend lines for Remgro. You can use it to identify possible trend reversals for Remgro 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 Remgro price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Remgro Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Remgro applied against its price change over selected period. The best fit line has a slop of 0.84 , which may suggest that Remgro market price will keep on failing further. It has 122 observation points and a regression sum of squares at 26529.35, which is the sum of squared deviations for the predicted Remgro price change compared to its average price change.About Remgro 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 Remgro 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 Remgro based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Remgro price pattern first instead of the macroeconomic environment surrounding Remgro. By analyzing Remgro'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 Remgro'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 Remgro specific price patterns or momentum indicators. Please read more on our technical analysis page.
Remgro December 23, 2024 Technical Indicators
Most technical analysis of Remgro 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 Remgro from various momentum indicators to cycle indicators. When you analyze Remgro 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 | 0.0486 | |||
Market Risk Adjusted Performance | 1.59 | |||
Mean Deviation | 1.06 | |||
Semi Deviation | 1.25 | |||
Downside Deviation | 1.36 | |||
Coefficient Of Variation | 1809.06 | |||
Standard Deviation | 1.53 | |||
Variance | 2.34 | |||
Information Ratio | 0.0342 | |||
Jensen Alpha | 0.0735 | |||
Total Risk Alpha | 0.0317 | |||
Sortino Ratio | 0.0385 | |||
Treynor Ratio | 1.58 | |||
Maximum Drawdown | 11.14 | |||
Value At Risk | (1.92) | |||
Potential Upside | 2.64 | |||
Downside Variance | 1.85 | |||
Semi Variance | 1.55 | |||
Expected Short fall | (1.14) | |||
Skewness | 0.8067 | |||
Kurtosis | 4.62 |
Complementary Tools for Remgro Stock analysis
When running Remgro's price analysis, check to measure Remgro'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 Remgro is operating at the current time. Most of Remgro's value examination focuses on studying past and present price action to predict the probability of Remgro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Remgro's price. Additionally, you may evaluate how the addition of Remgro to your portfolios can decrease your overall portfolio volatility.
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