GM Breweries (India) Technical Analysis
| GMBREW Stock | 806.00 7.45 0.93% |
As of the 1st of December, GM Breweries owns the Coefficient Of Variation of (39,670), market risk adjusted performance of (0.02), and Information Ratio of (0.05). GM Breweries Limited technical analysis makes it possible for you to employ past data patterns with the intention to determine a pattern that calculates the direction of the firm's future prices.
GM Breweries Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as GMBREW, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GMBREWGMBREW |
GM Breweries 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.
GM Breweries Limited 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 GM Breweries Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility.
GM Breweries Limited Trend Analysis
Use this graph to draw trend lines for GM Breweries Limited. You can use it to identify possible trend reversals for GM Breweries 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 GM Breweries price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.GM Breweries Best Fit Change Line
The following chart estimates an ordinary least squares regression model for GM Breweries Limited applied against its price change over selected period. The best fit line has a slop of 2.88 , which may suggest that GM Breweries Limited market price will keep on failing further. It has 122 observation points and a regression sum of squares at 313596.87, which is the sum of squared deviations for the predicted GM Breweries price change compared to its average price change.About GM Breweries 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 GM Breweries 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 GM Breweries Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on GM Breweries Limited price pattern first instead of the macroeconomic environment surrounding GM Breweries Limited. By analyzing GM Breweries'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 GM Breweries'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 GM Breweries specific price patterns or momentum indicators. Please read more on our technical analysis page.
GM Breweries December 1, 2024 Technical Indicators
Most technical analysis of GMBREW 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 GMBREW from various momentum indicators to cycle indicators. When you analyze GMBREW 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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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0055 | |||
| Market Risk Adjusted Performance | (0.02) | |||
| Mean Deviation | 2.07 | |||
| Coefficient Of Variation | (39,670) | |||
| Standard Deviation | 3.01 | |||
| Variance | 9.04 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | (0.03) | |||
| Maximum Drawdown | 18.21 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 5.99 | |||
| Skewness | 0.7473 | |||
| Kurtosis | 2.44 |
Complementary Tools for GMBREW Stock analysis
When running GM Breweries' price analysis, check to measure GM Breweries' 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 GM Breweries is operating at the current time. Most of GM Breweries' value examination focuses on studying past and present price action to predict the probability of GM Breweries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GM Breweries' price. Additionally, you may evaluate how the addition of GM Breweries to your portfolios can decrease your overall portfolio volatility.
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