Axita Cotton (India) Technical Analysis
| AXITA Stock | 11.51 0.13 1.12% |
As of the 20th of December, Axita Cotton shows the Standard Deviation of 1.62, risk adjusted performance of (0.24), and Mean Deviation of 0.9166. Axita Cotton Limited 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.
Axita Cotton Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Axita, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AxitaAxita |
Axita Cotton 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.
Axita Cotton Limited 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 Axita Cotton Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Axita Cotton Limited Trend Analysis
Use this graph to draw trend lines for Axita Cotton Limited. You can use it to identify possible trend reversals for Axita Cotton 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 Axita Cotton price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Axita Cotton Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Axita Cotton Limited applied against its price change over selected period. The best fit line has a slop of 0.09 , which may suggest that Axita Cotton Limited market price will keep on failing further. It has 122 observation points and a regression sum of squares at 298.42, which is the sum of squared deviations for the predicted Axita Cotton price change compared to its average price change.About Axita Cotton 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 Axita Cotton 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 Axita Cotton Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Axita Cotton Limited price pattern first instead of the macroeconomic environment surrounding Axita Cotton Limited. By analyzing Axita Cotton'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 Axita Cotton'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 Axita Cotton specific price patterns or momentum indicators. Please read more on our technical analysis page.
Axita Cotton December 20, 2024 Technical Indicators
Most technical analysis of Axita 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 Axita from various momentum indicators to cycle indicators. When you analyze Axita 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 | (0.24) | |||
| Market Risk Adjusted Performance | (3.20) | |||
| Mean Deviation | 0.9166 | |||
| Coefficient Of Variation | (327.02) | |||
| Standard Deviation | 1.62 | |||
| Variance | 2.63 | |||
| Information Ratio | (0.33) | |||
| Jensen Alpha | (0.51) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (3.21) | |||
| Maximum Drawdown | 13.38 | |||
| Value At Risk | (2.82) | |||
| Potential Upside | 0.9816 | |||
| Skewness | 0.7694 | |||
| Kurtosis | 9.34 |
Axita Cotton December 20, 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 Axita 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 | 82,289 | ||
| Daily Balance Of Power | (0.45) | ||
| Rate Of Daily Change | 0.99 | ||
| Day Median Price | 11.60 | ||
| Day Typical Price | 11.57 | ||
| Price Action Indicator | (0.15) |
Other Information on Investing in Axita Stock
Axita Cotton financial ratios help investors to determine whether Axita Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Axita with respect to the benefits of owning Axita Cotton security.