CORONATION INSURANCE (Nigeria) Technical Analysis
| WAPIC Stock | 1.00 0.03 2.91% |
CORONATION INSURANCE Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as CORONATION, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CORONATIONCORONATION |
CORONATION INSURANCE 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.
CORONATION INSURANCE PLC Technical Analysis
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. 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 CORONATION INSURANCE PLC volatility. High ATR values indicate high volatility, and low values indicate low volatility.
CORONATION INSURANCE PLC Trend Analysis
Use this graph to draw trend lines for CORONATION INSURANCE PLC. You can use it to identify possible trend reversals for CORONATION INSURANCE 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 CORONATION INSURANCE price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.CORONATION INSURANCE Best Fit Change Line
The following chart estimates an ordinary least squares regression model for CORONATION INSURANCE PLC applied against its price change over selected period. The best fit line has a slop of 0.01 , which means CORONATION INSURANCE PLC will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.0, which is the sum of squared deviations for the predicted CORONATION INSURANCE price change compared to its average price change.CORONATION INSURANCE December 2, 2024 Technical Indicators
Most technical analysis of CORONATION 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 CORONATION from various momentum indicators to cycle indicators. When you analyze CORONATION 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 | 0.0952 | |||
| Market Risk Adjusted Performance | 1.83 | |||
| Mean Deviation | 2.78 | |||
| Semi Deviation | 3.67 | |||
| Downside Deviation | 6.56 | |||
| Coefficient Of Variation | 878.02 | |||
| Standard Deviation | 4.1 | |||
| Variance | 16.81 | |||
| Information Ratio | 0.0803 | |||
| Jensen Alpha | 0.4248 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0502 | |||
| Treynor Ratio | 1.82 | |||
| Maximum Drawdown | 19.82 | |||
| Value At Risk | (7.95) | |||
| Potential Upside | 7.32 | |||
| Downside Variance | 43.09 | |||
| Semi Variance | 13.5 | |||
| Expected Short fall | (3.74) | |||
| Skewness | (0.32) | |||
| Kurtosis | 0.9319 |
CORONATION INSURANCE December 2, 2024 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 CORONATION 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 | 14,150 | ||
| Daily Balance Of Power | (1.00) | ||
| Rate Of Daily Change | 0.97 | ||
| Day Median Price | 1.02 | ||
| Day Typical Price | 1.01 | ||
| Price Action Indicator | (0.03) |
Additional Tools for CORONATION Stock Analysis
When running CORONATION INSURANCE's price analysis, check to measure CORONATION INSURANCE'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 CORONATION INSURANCE is operating at the current time. Most of CORONATION INSURANCE's value examination focuses on studying past and present price action to predict the probability of CORONATION INSURANCE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CORONATION INSURANCE's price. Additionally, you may evaluate how the addition of CORONATION INSURANCE to your portfolios can decrease your overall portfolio volatility.