Odel PLC (Sri Lanka) Technical Analysis
| ODELN0000 | 13.80 0.30 2.22% |
As of the 25th of April, Odel PLC holds the Risk Adjusted Performance of 0.0122, semi deviation of 2.34, and Coefficient Of Variation of 14474.99. Our technical analysis interface allows you to check existing technical drivers of Odel PLC, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Odel PLC, which can be compared to its competitors. Please check Odel PLC information ratio, as well as the relationship between the potential upside and kurtosis to decide if Odel PLC is priced some-what accurately, providing market reflects its current price of 13.8 per share.
Odel PLC Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Odel, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OdelOdel |
Odel PLC 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.
Odel PLC Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-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 Odel PLC volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Odel PLC Trend Analysis
Use this graph to draw trend lines for Odel PLC. You can use it to identify possible trend reversals for Odel PLC 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 Odel PLC price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Odel PLC Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Odel PLC applied against its price change over selected period. The best fit line has a slop of 0.0036 , which may suggest that Odel PLC market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.49, which is the sum of squared deviations for the predicted Odel PLC price change compared to its average price change.About Odel PLC 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 Odel PLC 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 Odel PLC based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Odel PLC price pattern first instead of the macroeconomic environment surrounding Odel PLC. By analyzing Odel PLC'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 Odel PLC'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 Odel PLC specific price patterns or momentum indicators. Please read more on our technical analysis page.
Odel PLC April 25, 2024 Technical Indicators
Most technical analysis of Odel 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 Odel from various momentum indicators to cycle indicators. When you analyze Odel 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 | 0.0122 | |||
| Market Risk Adjusted Performance | 0.0247 | |||
| Mean Deviation | 1.87 | |||
| Semi Deviation | 2.34 | |||
| Downside Deviation | 3.32 | |||
| Coefficient Of Variation | 14474.99 | |||
| Standard Deviation | 2.93 | |||
| Variance | 8.57 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.39) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0147 | |||
| Maximum Drawdown | 15.38 | |||
| Value At Risk | (5.07) | |||
| Potential Upside | 5.83 | |||
| Downside Variance | 11.0 | |||
| Semi Variance | 5.48 | |||
| Expected Short fall | (3.26) | |||
| Skewness | 0.3162 | |||
| Kurtosis | 1.9 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Odel PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Odel Stock analysis
When running Odel PLC's price analysis, check to measure Odel PLC'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 Odel PLC is operating at the current time. Most of Odel PLC's value examination focuses on studying past and present price action to predict the probability of Odel PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Odel PLC's price. Additionally, you may evaluate how the addition of Odel PLC to your portfolios can decrease your overall portfolio volatility.
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