Sanasa Development (Sri Lanka) Technical Analysis
| SDBN0000 | LKR 33.00 0.10 0.30% |
As of the 14th of December 2024, Sanasa Development has the Risk Adjusted Performance of 0.0903, coefficient of variation of 847.86, and Semi Deviation of 1.02. Our technical analysis interface makes it possible for you to check existing technical drivers of Sanasa Development Bank, as well as the relationship between them.
Sanasa Development Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Sanasa, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SanasaSanasa |
Sanasa Development 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.
Sanasa Development Bank Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-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 Sanasa Development Bank volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Sanasa Development Bank Trend Analysis
Use this graph to draw trend lines for Sanasa Development Bank. You can use it to identify possible trend reversals for Sanasa Development 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 Sanasa Development price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Sanasa Development Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Sanasa Development Bank applied against its price change over selected period. The best fit line has a slop of 0.06 , which means Sanasa Development Bank will continue generating value for investors. It has 122 observation points and a regression sum of squares at 130.55, which is the sum of squared deviations for the predicted Sanasa Development price change compared to its average price change.About Sanasa Development 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 Sanasa Development Bank 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 Sanasa Development Bank based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Sanasa Development Bank price pattern first instead of the macroeconomic environment surrounding Sanasa Development Bank. By analyzing Sanasa Development'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 Sanasa Development'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 Sanasa Development specific price patterns or momentum indicators. Please read more on our technical analysis page.
Sanasa Development December 14, 2024 Technical Indicators
Most technical analysis of Sanasa 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 Sanasa from various momentum indicators to cycle indicators. When you analyze Sanasa 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 | 0.0903 | |||
| Market Risk Adjusted Performance | (0.81) | |||
| Mean Deviation | 1.05 | |||
| Semi Deviation | 1.02 | |||
| Downside Deviation | 1.38 | |||
| Coefficient Of Variation | 847.86 | |||
| Standard Deviation | 1.39 | |||
| Variance | 1.94 | |||
| Information Ratio | 0.046 | |||
| Jensen Alpha | 0.1711 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0466 | |||
| Treynor Ratio | (0.82) | |||
| Maximum Drawdown | 6.45 | |||
| Value At Risk | (1.95) | |||
| Potential Upside | 2.75 | |||
| Downside Variance | 1.89 | |||
| Semi Variance | 1.04 | |||
| Expected Short fall | (1.50) | |||
| Skewness | 0.1392 | |||
| Kurtosis | 0.0833 |
Complementary Tools for Sanasa Stock analysis
When running Sanasa Development's price analysis, check to measure Sanasa Development'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 Sanasa Development is operating at the current time. Most of Sanasa Development's value examination focuses on studying past and present price action to predict the probability of Sanasa Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sanasa Development's price. Additionally, you may evaluate how the addition of Sanasa Development to your portfolios can decrease your overall portfolio volatility.
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