ASB (Malaysia) Technical Analysis

ADVA -- Malaysia Stock  

MYR 0.15  0.015  10.71%

As of the 21th of January ASB owns Coefficient Of Variation of 844.75 and Market Risk Adjusted Performance of (0.20). Macroaxis technical analysis interface gives you tools to check possible technical drivers of ASB 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 historical prices and volume patterns or the prices will eventually revert. We found nineteen technical drivers for ASB which can be compared to its peers in the sector. Please confirm ASB Semi Deviation, Coefficient Of Variation and the relationship between Mean Deviation and Downside Deviation to decide if ASB is priced correctly providing market reflects its prevailing price of 0.155 per share.
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ASB Technical Analysis

Time Period
  Portfolio Suggestion    
Execute Indicator
The output start index for this execution was fourty with a total number of output elements of twenty-one. The Normalized Average True Range is used to analyze tradable apportunities for ASB across different markets. View also all equity analysis or get more info about normalized average true range volatility indicators indicator.

ASB Trend Analysis

Use this graph to draw trend lines for ASB. You can use it to identify possible trend reversals for ASB 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 ASB price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

ASB Best Fit Change Line

The following chart estimates an ordinary least squares regression model for ASB applied against its price change over selected period. The best fit line has a slop of   0.0002065  which means ASB will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted ASB price change compared to its average price change.

ASB January 21, 2020 Technical Indicators

Please continue to Trending Equities. Please also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.
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