Woolworths Holdings (South Africa) Technical Analysis
| WHL Stock | 6,284 30.00 0.48% |
As of the 2nd of December, Woolworths Holdings maintains the Mean Deviation of 1.26, market risk adjusted performance of 0.1638, and Standard Deviation of 1.7. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Woolworths Holdings, as well as the relationship between them. Please check out Woolworths Holdings information ratio, potential upside, and the relationship between the standard deviation and maximum drawdown to decide if Woolworths Holdings is priced fairly, providing market reflects its latest price of 6284.0 per share.
Woolworths 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 Woolworths, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WoolworthsWoolworths |
Woolworths 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.
Woolworths Holdings Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Woolworths Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Woolworths Holdings Trend Analysis
Use this graph to draw trend lines for Woolworths Holdings. You can use it to identify possible trend reversals for Woolworths 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 Woolworths Holdings price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Woolworths Holdings Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Woolworths Holdings applied against its price change over selected period. The best fit line has a slop of 2.82 , which means Woolworths Holdings will continue generating value for investors. It has 122 observation points and a regression sum of squares at 300290.25, which is the sum of squared deviations for the predicted Woolworths Holdings price change compared to its average price change.About Woolworths 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 Woolworths 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 Woolworths Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Woolworths Holdings price pattern first instead of the macroeconomic environment surrounding Woolworths Holdings. By analyzing Woolworths 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 Woolworths 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 Woolworths Holdings specific price patterns or momentum indicators. Please read more on our technical analysis page.
Woolworths Holdings December 2, 2024 Technical Indicators
Most technical analysis of Woolworths 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 Woolworths from various momentum indicators to cycle indicators. When you analyze Woolworths 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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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0) | |||
| Market Risk Adjusted Performance | 0.1638 | |||
| Mean Deviation | 1.26 | |||
| Coefficient Of Variation | (7,320) | |||
| Standard Deviation | 1.7 | |||
| Variance | 2.88 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | 0.1538 | |||
| Maximum Drawdown | 10.02 | |||
| Value At Risk | (2.47) | |||
| Potential Upside | 3.04 | |||
| Skewness | 0.045 | |||
| Kurtosis | 1.22 |
Complementary Tools for Woolworths Stock analysis
When running Woolworths Holdings' price analysis, check to measure Woolworths 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 Woolworths Holdings is operating at the current time. Most of Woolworths Holdings' value examination focuses on studying past and present price action to predict the probability of Woolworths Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Woolworths Holdings' price. Additionally, you may evaluate how the addition of Woolworths Holdings to your portfolios can decrease your overall portfolio volatility.
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