Toughbuilt Industries Stock Technical Analysis
TBLTDelisted Stock | USD 2.55 0.25 10.87% |
As of the 2nd of December, Toughbuilt Industries has the Coefficient Of Variation of 1336.27, semi deviation of 12.77, and Risk Adjusted Performance of 0.0666. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Toughbuilt Industries, as well as the relationship between them.
Toughbuilt Industries Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Toughbuilt, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ToughbuiltToughbuilt |
Toughbuilt Industries 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, delisted stock market cycles, or different charting patterns.
Toughbuilt Industries Technical Analysis
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Toughbuilt Industries Trend Analysis
Use this graph to draw trend lines for Toughbuilt Industries. You can use it to identify possible trend reversals for Toughbuilt Industries 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 Toughbuilt Industries price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Toughbuilt Industries Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Toughbuilt Industries applied against its price change over selected period. The best fit line has a slop of 0.04 , which means Toughbuilt Industries will continue generating value for investors. It has 122 observation points and a regression sum of squares at 56.11, which is the sum of squared deviations for the predicted Toughbuilt Industries price change compared to its average price change.About Toughbuilt Industries 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 Toughbuilt Industries 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 Toughbuilt Industries based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Toughbuilt Industries price pattern first instead of the macroeconomic environment surrounding Toughbuilt Industries. By analyzing Toughbuilt Industries'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 Toughbuilt Industries'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 Toughbuilt Industries specific price patterns or momentum indicators. Please read more on our technical analysis page.
Toughbuilt Industries December 2, 2024 Technical Indicators
Most technical analysis of Toughbuilt 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 Toughbuilt from various momentum indicators to cycle indicators. When you analyze Toughbuilt 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 | 0.0666 | |||
Market Risk Adjusted Performance | (0.35) | |||
Mean Deviation | 6.7 | |||
Semi Deviation | 12.77 | |||
Downside Deviation | 14.21 | |||
Coefficient Of Variation | 1336.27 | |||
Standard Deviation | 11.88 | |||
Variance | 141.21 | |||
Information Ratio | 0.0633 | |||
Jensen Alpha | 1.19 | |||
Total Risk Alpha | (1.10) | |||
Sortino Ratio | 0.0529 | |||
Treynor Ratio | (0.36) | |||
Maximum Drawdown | 88.2 | |||
Value At Risk | (13.56) | |||
Potential Upside | 13.49 | |||
Downside Variance | 201.84 | |||
Semi Variance | 163.12 | |||
Expected Short fall | (7.01) | |||
Skewness | (1.64) | |||
Kurtosis | 11.22 |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Other Consideration for investing in Toughbuilt Stock
If you are still planning to invest in Toughbuilt Industries check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Toughbuilt Industries' history and understand the potential risks before investing.
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