Rojana Industrial (Thailand) Technical Analysis
| ROJNA Stock | THB 7.35 0.15 2.00% |
As of the 19th of April, Rojana Industrial holds the Semi Deviation of 1.68, coefficient of variation of 664.8, and Risk Adjusted Performance of 0.0999. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Rojana Industrial, 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 analyze nineteen technical drivers for Rojana Industrial Park, which can be compared to its competitors. Please check Rojana Industrial Park maximum drawdown, and the relationship between the information ratio and downside variance to decide if Rojana Industrial Park is priced some-what accurately, providing market reflects its current price of 7.35 per share.
Rojana Industrial Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Rojana, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RojanaRojana |
Rojana Industrial 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.
Rojana Industrial Park 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 Rojana Industrial Park volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Rojana Industrial Park Trend Analysis
Use this graph to draw trend lines for Rojana Industrial Park. You can use it to identify possible trend reversals for Rojana Industrial 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 Rojana Industrial price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Rojana Industrial Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Rojana Industrial Park applied against its price change over selected period. The best fit line has a slop of 0.04 , which means Rojana Industrial Park will continue generating value for investors. It has 122 observation points and a regression sum of squares at 49.0, which is the sum of squared deviations for the predicted Rojana Industrial price change compared to its average price change.About Rojana Industrial 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 Rojana Industrial Park 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 Rojana Industrial Park based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Rojana Industrial Park price pattern first instead of the macroeconomic environment surrounding Rojana Industrial Park. By analyzing Rojana Industrial'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 Rojana Industrial'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 Rojana Industrial specific price patterns or momentum indicators. Please read more on our technical analysis page.
Rojana Industrial April 19, 2024 Technical Indicators
Most technical analysis of Rojana 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 Rojana from various momentum indicators to cycle indicators. When you analyze Rojana 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 | 0.0999 | |||
| Market Risk Adjusted Performance | (1.35) | |||
| Mean Deviation | 1.34 | |||
| Semi Deviation | 1.68 | |||
| Downside Deviation | 2.79 | |||
| Coefficient Of Variation | 664.8 | |||
| Standard Deviation | 2.01 | |||
| Variance | 4.05 | |||
| Information Ratio | 0.1163 | |||
| Jensen Alpha | 0.3053 | |||
| Total Risk Alpha | 0.1019 | |||
| Sortino Ratio | 0.0838 | |||
| Treynor Ratio | (1.36) | |||
| Maximum Drawdown | 10.69 | |||
| Value At Risk | (3.28) | |||
| Potential Upside | 2.61 | |||
| Downside Variance | 7.81 | |||
| Semi Variance | 2.81 | |||
| Expected Short fall | (1.78) | |||
| Skewness | 0.0899 | |||
| Kurtosis | 3.38 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rojana Industrial Park. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Rojana Industrial Park information on this page should be used as a complementary analysis to other Rojana Industrial'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Rojana Stock analysis
When running Rojana Industrial's price analysis, check to measure Rojana Industrial'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 Rojana Industrial is operating at the current time. Most of Rojana Industrial's value examination focuses on studying past and present price action to predict the probability of Rojana Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rojana Industrial's price. Additionally, you may evaluate how the addition of Rojana Industrial to your portfolios can decrease your overall portfolio volatility.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Money Managers Screen money managers from public funds and ETFs managed around the world |