Jerash Holdings Stock Technical Analysis
JRSH Stock | USD 3.34 0.06 1.76% |
As of the 10th of December, Jerash Holdings retains the Risk Adjusted Performance of 0.1059, market risk adjusted performance of 4.74, and Downside Deviation of 1.44. Jerash Holdings 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.
Jerash Holdings Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Jerash, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to JerashJerash |
Jerash Holdings Analyst Consensus
Target Price | Advice | # of Analysts | |
10.33 | Strong Buy | 3 | Odds |
Most Jerash analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Jerash stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Jerash Holdings, talking to its executives and customers, or listening to Jerash conference calls.
Jerash Holdings 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.
Jerash Holdings Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-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 Jerash Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Jerash Holdings Trend Analysis
Use this graph to draw trend lines for Jerash Holdings. You can use it to identify possible trend reversals for Jerash Holdings 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 Jerash Holdings price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Jerash Holdings Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Jerash Holdings applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Jerash Holdings will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.99, which is the sum of squared deviations for the predicted Jerash Holdings price change compared to its average price change.About Jerash Holdings 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 Jerash Holdings 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 Jerash Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Jerash Holdings price pattern first instead of the macroeconomic environment surrounding Jerash Holdings. By analyzing Jerash Holdings'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 Jerash Holdings'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 Jerash Holdings specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0312 | 0.0418 | 0.0649 | 0.0682 | Price To Sales Ratio | 0.53 | 0.43 | 0.32 | 0.31 |
Jerash Holdings December 10, 2024 Technical Indicators
Most technical analysis of Jerash 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 Jerash from various momentum indicators to cycle indicators. When you analyze Jerash 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 | 0.1059 | |||
Market Risk Adjusted Performance | 4.74 | |||
Mean Deviation | 1.04 | |||
Semi Deviation | 1.05 | |||
Downside Deviation | 1.44 | |||
Coefficient Of Variation | 731.84 | |||
Standard Deviation | 1.8 | |||
Variance | 3.22 | |||
Information Ratio | 0.0543 | |||
Jensen Alpha | 0.2285 | |||
Total Risk Alpha | (0.10) | |||
Sortino Ratio | 0.0675 | |||
Treynor Ratio | 4.73 | |||
Maximum Drawdown | 13.76 | |||
Value At Risk | (2.61) | |||
Potential Upside | 2.07 | |||
Downside Variance | 2.08 | |||
Semi Variance | 1.1 | |||
Expected Short fall | (1.35) | |||
Skewness | 3.29 | |||
Kurtosis | 20.56 |
Jerash Holdings December 10, 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 Jerash 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 | 398.59 | ||
Daily Balance Of Power | (0.50) | ||
Rate Of Daily Change | 0.98 | ||
Day Median Price | 3.37 | ||
Day Typical Price | 3.36 | ||
Price Action Indicator | (0.06) |
Complementary Tools for Jerash Stock analysis
When running Jerash Holdings' price analysis, check to measure Jerash Holdings' 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 Jerash Holdings is operating at the current time. Most of Jerash Holdings' value examination focuses on studying past and present price action to predict the probability of Jerash Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jerash Holdings' price. Additionally, you may evaluate how the addition of Jerash Holdings to your portfolios can decrease your overall portfolio volatility.
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |