Mida Leasing (Thailand) Technical Analysis
| ML Stock | 0.62 0.02 3.13% |
As of the 2nd of May, Mida Leasing secures the Risk Adjusted Performance of (0.04), mean deviation of 1.84, and Standard Deviation of 2.53. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mida Leasing Public, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We have analyzed thirteen technical drivers for Mida Leasing, which can be compared to its peers in the industry. Please verify Mida Leasing Public variance, as well as the relationship between the maximum drawdown and skewness to decide if Mida Leasing Public is priced some-what accurately, providing market reflects its recent price of 0.62 per share.
Mida Leasing Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Mida, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MidaMida |
Mida Leasing 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.
Mida Leasing Public Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Mida Leasing Public volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Mida Leasing Public Trend Analysis
Use this graph to draw trend lines for Mida Leasing Public. You can use it to identify possible trend reversals for Mida Leasing 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 Mida Leasing price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Mida Leasing Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Mida Leasing Public applied against its price change over selected period. The best fit line has a slop of 0.0008 , which may suggest that Mida Leasing Public market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted Mida Leasing price change compared to its average price change.About Mida Leasing 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 Mida Leasing Public 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 Mida Leasing Public based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Mida Leasing Public price pattern first instead of the macroeconomic environment surrounding Mida Leasing Public. By analyzing Mida Leasing'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 Mida Leasing'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 Mida Leasing specific price patterns or momentum indicators. Please read more on our technical analysis page.
Mida Leasing May 2, 2024 Technical Indicators
Most technical analysis of Mida 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 Mida from various momentum indicators to cycle indicators. When you analyze Mida 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 | (0.04) | |||
| Market Risk Adjusted Performance | (0.58) | |||
| Mean Deviation | 1.84 | |||
| Coefficient Of Variation | (1,300) | |||
| Standard Deviation | 2.53 | |||
| Variance | 6.39 | |||
| Information Ratio | (0.10) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (0.59) | |||
| Maximum Drawdown | 12.9 | |||
| Value At Risk | (4.48) | |||
| Potential Upside | 4.17 | |||
| Skewness | (0.35) | |||
| Kurtosis | 0.6958 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mida Leasing Public. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Mida Leasing Public information on this page should be used as a complementary analysis to other Mida Leasing's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Mida Stock analysis
When running Mida Leasing's price analysis, check to measure Mida Leasing'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 Mida Leasing is operating at the current time. Most of Mida Leasing's value examination focuses on studying past and present price action to predict the probability of Mida Leasing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mida Leasing's price. Additionally, you may evaluate how the addition of Mida Leasing to your portfolios can decrease your overall portfolio volatility.
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