Lojas Renner (Brazil) Technical Analysis
| LREN3 Stock | BRL 15.06 0.56 3.86% |
As of the 1st of December, Lojas Renner secures the Mean Deviation of 1.91, risk adjusted performance of (0.01), and Standard Deviation of 2.49. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Lojas Renner SA, as well as the relationship between them. Please verify Lojas Renner SA treynor ratio, value at risk, and the relationship between the information ratio and maximum drawdown to decide if Lojas Renner SA is priced some-what accurately, providing market reflects its recent price of 15.06 per share.
Lojas Renner Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Lojas, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to LojasLojas |
Lojas Renner 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.
Lojas Renner SA 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 Lojas Renner SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Lojas Renner SA Trend Analysis
Use this graph to draw trend lines for Lojas Renner SA. You can use it to identify possible trend reversals for Lojas Renner 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 Lojas Renner price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Lojas Renner Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Lojas Renner SA applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Lojas Renner SA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 25.68, which is the sum of squared deviations for the predicted Lojas Renner price change compared to its average price change.About Lojas Renner 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 Lojas Renner SA 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 Lojas Renner SA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Lojas Renner SA price pattern first instead of the macroeconomic environment surrounding Lojas Renner SA. By analyzing Lojas Renner'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 Lojas Renner'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 Lojas Renner specific price patterns or momentum indicators. Please read more on our technical analysis page.
Lojas Renner December 1, 2024 Technical Indicators
Most technical analysis of Lojas 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 Lojas from various momentum indicators to cycle indicators. When you analyze Lojas 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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| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | 0.902 | |||
| Mean Deviation | 1.91 | |||
| Coefficient Of Variation | (4,890) | |||
| Standard Deviation | 2.49 | |||
| Variance | 6.18 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | 0.892 | |||
| Maximum Drawdown | 12.61 | |||
| Value At Risk | (4.36) | |||
| Potential Upside | 3.95 | |||
| Skewness | 0.1036 | |||
| Kurtosis | 0.3175 |
Additional Tools for Lojas Stock Analysis
When running Lojas Renner's price analysis, check to measure Lojas Renner'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 Lojas Renner is operating at the current time. Most of Lojas Renner's value examination focuses on studying past and present price action to predict the probability of Lojas Renner's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lojas Renner's price. Additionally, you may evaluate how the addition of Lojas Renner to your portfolios can decrease your overall portfolio volatility.