Taiga Building Products Stock Technical Analysis
| TGAFF Stock | USD 2.70 0.08 2.88% |
As of the 13th of December 2024, Taiga Building has the Coefficient Of Variation of (2,387), risk adjusted performance of (0.03), and Variance of 1.34. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Taiga Building Products, as well as the relationship between them. Please validate Taiga Building Products variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Taiga Building is priced more or less accurately, providing market reflects its prevalent price of 2.7 per share. Please also confirm Taiga Building Products jensen alpha, which is currently at (0.07) to double-check the company can sustain itself at a future point.
Taiga Building Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Taiga, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TaigaTaiga |
Taiga Building 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.
Taiga Building Products 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 Taiga Building Products volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Taiga Building Products Trend Analysis
Use this graph to draw trend lines for Taiga Building Products. You can use it to identify possible trend reversals for Taiga Building 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 Taiga Building price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Taiga Building Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Taiga Building Products applied against its price change over selected period. The best fit line has a slop of 0 , which may suggest that Taiga Building Products market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Taiga Building price change compared to its average price change.About Taiga Building 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 Taiga Building Products 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 Taiga Building Products based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Taiga Building Products price pattern first instead of the macroeconomic environment surrounding Taiga Building Products. By analyzing Taiga Building'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 Taiga Building'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 Taiga Building specific price patterns or momentum indicators. Please read more on our technical analysis page.
Taiga Building December 13, 2024 Technical Indicators
Most technical analysis of Taiga 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 Taiga from various momentum indicators to cycle indicators. When you analyze Taiga 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 | (0.03) | |||
| Market Risk Adjusted Performance | (0.47) | |||
| Mean Deviation | 0.5108 | |||
| Coefficient Of Variation | (2,387) | |||
| Standard Deviation | 1.16 | |||
| Variance | 1.34 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.48) | |||
| Maximum Drawdown | 8.08 | |||
| Value At Risk | (2.47) | |||
| Potential Upside | 1.84 | |||
| Skewness | 0.4487 | |||
| Kurtosis | 8.38 |
Complementary Tools for Taiga Pink Sheet analysis
When running Taiga Building's price analysis, check to measure Taiga Building'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 Taiga Building is operating at the current time. Most of Taiga Building's value examination focuses on studying past and present price action to predict the probability of Taiga Building's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taiga Building's price. Additionally, you may evaluate how the addition of Taiga Building to your portfolios can decrease your overall portfolio volatility.
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