Reliance Power (India) Technical Analysis
RPOWER Stock | 45.80 0.49 1.06% |
As of the 4th of January, Reliance Power holds the Coefficient Of Variation of (14,195), risk adjusted performance of 0.0021, and Variance of 13.44. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Reliance Power, as well as the relationship between them.
Reliance Power Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Reliance, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RelianceReliance |
Reliance Power 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.
Reliance Power 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 Reliance Power volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Reliance Power Trend Analysis
Use this graph to draw trend lines for Reliance Power Limited. You can use it to identify possible trend reversals for Reliance Power 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 Reliance Power price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Reliance Power Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Reliance Power Limited applied against its price change over selected period. The best fit line has a slop of 0.04 , which means Reliance Power Limited will continue generating value for investors. It has 122 observation points and a regression sum of squares at 60.03, which is the sum of squared deviations for the predicted Reliance Power price change compared to its average price change.About Reliance Power 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 Reliance Power 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 Reliance Power Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Reliance Power price pattern first instead of the macroeconomic environment surrounding Reliance Power. By analyzing Reliance Power'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 Reliance Power'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 Reliance Power specific price patterns or momentum indicators. Please read more on our technical analysis page.
Reliance Power January 4, 2025 Technical Indicators
Most technical analysis of Reliance 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 Reliance from various momentum indicators to cycle indicators. When you analyze Reliance 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 | 0.0021 | |||
Market Risk Adjusted Performance | 0.2458 | |||
Mean Deviation | 3.09 | |||
Coefficient Of Variation | (14,195) | |||
Standard Deviation | 3.67 | |||
Variance | 13.44 | |||
Information Ratio | (0.01) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.09) | |||
Treynor Ratio | 0.2358 | |||
Maximum Drawdown | 10.01 | |||
Value At Risk | (5.01) | |||
Potential Upside | 4.99 | |||
Skewness | 0.2203 | |||
Kurtosis | (1.02) |
Complementary Tools for Reliance Stock analysis
When running Reliance Power's price analysis, check to measure Reliance Power'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 Reliance Power is operating at the current time. Most of Reliance Power's value examination focuses on studying past and present price action to predict the probability of Reliance Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Power's price. Additionally, you may evaluate how the addition of Reliance Power to your portfolios can decrease your overall portfolio volatility.
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