Trencor (South Africa) Technical Analysis
| TRE Stock | 795.00 3.00 0.38% |
As of the 10th of January, Trencor has the Risk Adjusted Performance of 0.082, coefficient of variation of 1041.74, and Semi Deviation of 1.33. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Trencor, as well as the relationship between them. Please validate Trencor coefficient of variation, jensen alpha, potential upside, as well as the relationship between the variance and maximum drawdown to decide if Trencor is priced more or less accurately, providing market reflects its prevalent price of 795.0 per share.
Trencor Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Trencor, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TrencorTrencor |
Trencor 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.
Trencor Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 Trencor volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Trencor Trend Analysis
Use this graph to draw trend lines for Trencor. You can use it to identify possible trend reversals for Trencor 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 Trencor price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Trencor Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Trencor applied against its price change over selected period. The best fit line has a slop of 0.94 , which means Trencor will continue generating value for investors. It has 122 observation points and a regression sum of squares at 33736.6, which is the sum of squared deviations for the predicted Trencor price change compared to its average price change.About Trencor 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 Trencor 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 Trencor based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Trencor price pattern first instead of the macroeconomic environment surrounding Trencor. By analyzing Trencor'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 Trencor'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 Trencor specific price patterns or momentum indicators. Please read more on our technical analysis page.
Trencor January 10, 2025 Technical Indicators
Most technical analysis of Trencor 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 Trencor from various momentum indicators to cycle indicators. When you analyze Trencor 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 | 0.082 | |||
| Market Risk Adjusted Performance | (0.47) | |||
| Mean Deviation | 1.25 | |||
| Semi Deviation | 1.33 | |||
| Downside Deviation | 2.07 | |||
| Coefficient Of Variation | 1041.74 | |||
| Standard Deviation | 1.76 | |||
| Variance | 3.1 | |||
| Information Ratio | 0.0804 | |||
| Jensen Alpha | 0.1649 | |||
| Total Risk Alpha | 0.1204 | |||
| Sortino Ratio | 0.0684 | |||
| Treynor Ratio | (0.48) | |||
| Maximum Drawdown | 9.48 | |||
| Value At Risk | (2.55) | |||
| Potential Upside | 2.72 | |||
| Downside Variance | 4.29 | |||
| Semi Variance | 1.77 | |||
| Expected Short fall | (1.64) | |||
| Skewness | 0.3415 | |||
| Kurtosis | 1.47 |
Trencor January 10, 2025 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Trencor stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 1,461 | ||
| Daily Balance Of Power | (0.60) | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 792.50 | ||
| Day Typical Price | 793.33 | ||
| Price Action Indicator | 1.00 |
Complementary Tools for Trencor Stock analysis
When running Trencor's price analysis, check to measure Trencor'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 Trencor is operating at the current time. Most of Trencor's value examination focuses on studying past and present price action to predict the probability of Trencor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trencor's price. Additionally, you may evaluate how the addition of Trencor to your portfolios can decrease your overall portfolio volatility.
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