Axis Bank (UK) Technical Analysis
| AXB Stock | 67.20 0.60 0.88% |
As of the 29th of November, Axis Bank shows the Risk Adjusted Performance of (0.02), mean deviation of 1.04, and Standard Deviation of 1.38. Axis Bank technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Axis Bank treynor ratio, and the relationship between the variance and value at risk to decide if Axis Bank is priced correctly, providing market reflects its regular price of 67.2 per share.
Axis Bank Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Axis, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AxisAxis |
Axis Bank 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.
Axis Bank Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Axis Bank volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Axis Bank Trend Analysis
Use this graph to draw trend lines for Axis Bank Ltd. You can use it to identify possible trend reversals for Axis Bank 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 Axis Bank price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Axis Bank Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Axis Bank Ltd applied against its price change over selected period. The best fit line has a slop of 0.1 , which may suggest that Axis Bank Ltd market price will keep on failing further. It has 122 observation points and a regression sum of squares at 388.75, which is the sum of squared deviations for the predicted Axis Bank price change compared to its average price change.About Axis Bank 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 Axis Bank Ltd 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 Axis Bank Ltd based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Axis Bank price pattern first instead of the macroeconomic environment surrounding Axis Bank. By analyzing Axis Bank'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 Axis Bank'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 Axis Bank specific price patterns or momentum indicators. Please read more on our technical analysis page.
Axis Bank November 29, 2024 Technical Indicators
Most technical analysis of Axis 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 Axis from various momentum indicators to cycle indicators. When you analyze Axis 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 | (0.02) | |||
| Market Risk Adjusted Performance | (3.91) | |||
| Mean Deviation | 1.04 | |||
| Coefficient Of Variation | (2,642) | |||
| Standard Deviation | 1.38 | |||
| Variance | 1.91 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (3.92) | |||
| Maximum Drawdown | 6.91 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 2.17 | |||
| Skewness | (0.36) | |||
| Kurtosis | 1.31 |
Complementary Tools for Axis Stock analysis
When running Axis Bank's price analysis, check to measure Axis Bank'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 Axis Bank is operating at the current time. Most of Axis Bank's value examination focuses on studying past and present price action to predict the probability of Axis Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axis Bank's price. Additionally, you may evaluate how the addition of Axis Bank to your portfolios can decrease your overall portfolio volatility.
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