Lease IT (Thailand) Technical Analysis
LIT Stock | THB 1.23 0.06 4.65% |
As of the 20th of April, Lease IT secures the Mean Deviation of 2.55, risk adjusted performance of 0.0427, and Downside Deviation of 4.15. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Lease IT 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 were able to interpolate and analyze data for nineteen technical drivers for Lease IT, which can be compared to its peers in the industry. Please verify Lease IT Public mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Lease IT Public is priced some-what accurately, providing market reflects its recent price of 1.23 per share.
Lease IT Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Lease, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to LeaseLease |
Lease IT 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.
Lease IT Public Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Lease IT Public volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Lease IT Public Trend Analysis
Use this graph to draw trend lines for Lease IT Public. You can use it to identify possible trend reversals for Lease IT 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 Lease IT price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Lease IT Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Lease IT Public applied against its price change over selected period. The best fit line has a slop of 0 , which means Lease IT Public will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.06, which is the sum of squared deviations for the predicted Lease IT price change compared to its average price change.About Lease IT 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 Lease IT 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 Lease IT Public based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Lease IT Public price pattern first instead of the macroeconomic environment surrounding Lease IT Public. By analyzing Lease IT'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 Lease IT'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 Lease IT specific price patterns or momentum indicators. Please read more on our technical analysis page.
Lease IT April 20, 2024 Technical Indicators
Most technical analysis of Lease 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 Lease from various momentum indicators to cycle indicators. When you analyze Lease 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 | 0.0427 | |||
Market Risk Adjusted Performance | (0.24) | |||
Mean Deviation | 2.55 | |||
Semi Deviation | 2.88 | |||
Downside Deviation | 4.15 | |||
Coefficient Of Variation | 1805.35 | |||
Standard Deviation | 5.35 | |||
Variance | 28.57 | |||
Information Ratio | 0.0394 | |||
Jensen Alpha | 0.3716 | |||
Total Risk Alpha | (0.37) | |||
Sortino Ratio | 0.0508 | |||
Treynor Ratio | (0.25) | |||
Maximum Drawdown | 41.59 | |||
Value At Risk | (4.65) | |||
Potential Upside | 6.52 | |||
Downside Variance | 17.23 | |||
Semi Variance | 8.31 | |||
Expected Short fall | (5.15) | |||
Skewness | 3.22 | |||
Kurtosis | 17.94 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lease IT 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 board of governors. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for Lease Stock analysis
When running Lease IT's price analysis, check to measure Lease IT'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 Lease IT is operating at the current time. Most of Lease IT's value examination focuses on studying past and present price action to predict the probability of Lease IT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lease IT's price. Additionally, you may evaluate how the addition of Lease IT to your portfolios can decrease your overall portfolio volatility.
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