HomeChoice Investments (South Africa) Technical Analysis
| HIL Stock | 3,000 150.00 5.26% |
As of the 2nd of December, HomeChoice Investments retains the insignificant Risk Adjusted Performance, standard deviation of 3.29, and Market Risk Adjusted Performance of (0.37). HomeChoice Investments technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out HomeChoice Investments treynor ratio, as well as the relationship between the value at risk and skewness to decide if HomeChoice Investments is priced fairly, providing market reflects its last-minute price of 3000.0 per share.
HomeChoice Investments Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as HomeChoice, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HomeChoiceHomeChoice |
HomeChoice Investments 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.
HomeChoice Investments Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 HomeChoice Investments volatility. High ATR values indicate high volatility, and low values indicate low volatility.
HomeChoice Investments Trend Analysis
Use this graph to draw trend lines for HomeChoice Investments. You can use it to identify possible trend reversals for HomeChoice Investments 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 HomeChoice Investments price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.HomeChoice Investments Best Fit Change Line
The following chart estimates an ordinary least squares regression model for HomeChoice Investments applied against its price change over selected period. The best fit line has a slop of 3.64 , which may suggest that HomeChoice Investments market price will keep on failing further. It has 122 observation points and a regression sum of squares at 500948.46, which is the sum of squared deviations for the predicted HomeChoice Investments price change compared to its average price change.About HomeChoice Investments 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 HomeChoice Investments 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 HomeChoice Investments based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on HomeChoice Investments price pattern first instead of the macroeconomic environment surrounding HomeChoice Investments. By analyzing HomeChoice Investments'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 HomeChoice Investments'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 HomeChoice Investments specific price patterns or momentum indicators. Please read more on our technical analysis page.
HomeChoice Investments December 2, 2024 Technical Indicators
Most technical analysis of HomeChoice 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 HomeChoice from various momentum indicators to cycle indicators. When you analyze HomeChoice 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 | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0) | |||
| Market Risk Adjusted Performance | (0.37) | |||
| Mean Deviation | 1.45 | |||
| Coefficient Of Variation | (7,679) | |||
| Standard Deviation | 3.29 | |||
| Variance | 10.84 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | (0.38) | |||
| Maximum Drawdown | 24.87 | |||
| Value At Risk | (5.33) | |||
| Potential Upside | 5.6 | |||
| Skewness | (0.99) | |||
| Kurtosis | 8.52 |
Complementary Tools for HomeChoice Stock analysis
When running HomeChoice Investments' price analysis, check to measure HomeChoice Investments' 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 HomeChoice Investments is operating at the current time. Most of HomeChoice Investments' value examination focuses on studying past and present price action to predict the probability of HomeChoice Investments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HomeChoice Investments' price. Additionally, you may evaluate how the addition of HomeChoice Investments to your portfolios can decrease your overall portfolio volatility.
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