Truworths International (South Africa) Technical Analysis
| TRU Stock | 10,511 102.00 0.96% |
As of the 13th of December 2024, Truworths International has the Coefficient Of Variation of 1088.05, risk adjusted performance of 0.0732, and Semi Deviation of 1.68. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Truworths International, as well as the relationship between them. Please validate Truworths International value at risk, as well as the relationship between the semi variance and kurtosis to decide if Truworths International is priced more or less accurately, providing market reflects its prevalent price of 10511.0 per share.
Truworths International Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Truworths, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TruworthsTruworths |
Truworths International 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.
Truworths International 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 Truworths International volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Truworths International Trend Analysis
Use this graph to draw trend lines for Truworths International. You can use it to identify possible trend reversals for Truworths International 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 Truworths International price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Truworths International Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Truworths International applied against its price change over selected period. The best fit line has a slop of 3.08 , which may suggest that Truworths International market price will keep on failing further. It has 122 observation points and a regression sum of squares at 358593.83, which is the sum of squared deviations for the predicted Truworths International price change compared to its average price change.About Truworths International 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 Truworths International 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 Truworths International based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Truworths International price pattern first instead of the macroeconomic environment surrounding Truworths International. By analyzing Truworths International'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 Truworths International'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 Truworths International specific price patterns or momentum indicators. Please read more on our technical analysis page.
Truworths International December 13, 2024 Technical Indicators
Most technical analysis of Truworths 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 Truworths from various momentum indicators to cycle indicators. When you analyze Truworths 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 | 0.0732 | |||
| Market Risk Adjusted Performance | (0.19) | |||
| Mean Deviation | 1.46 | |||
| Semi Deviation | 1.68 | |||
| Downside Deviation | 1.87 | |||
| Coefficient Of Variation | 1088.05 | |||
| Standard Deviation | 2.07 | |||
| Variance | 4.27 | |||
| Information Ratio | 0.0378 | |||
| Jensen Alpha | 0.272 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0417 | |||
| Treynor Ratio | (0.20) | |||
| Maximum Drawdown | 13.41 | |||
| Value At Risk | (3.09) | |||
| Potential Upside | 3.56 | |||
| Downside Variance | 3.5 | |||
| Semi Variance | 2.82 | |||
| Expected Short fall | (1.69) | |||
| Skewness | 0.3058 | |||
| Kurtosis | 2.32 |
Complementary Tools for Truworths Stock analysis
When running Truworths International's price analysis, check to measure Truworths International'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 Truworths International is operating at the current time. Most of Truworths International's value examination focuses on studying past and present price action to predict the probability of Truworths International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Truworths International's price. Additionally, you may evaluate how the addition of Truworths International to your portfolios can decrease your overall portfolio volatility.
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