Telecom Argentina (Argentina) Technical Analysis
| TECO2 Stock | ARS 1,499 44.80 2.90% |
As of the 18th of April 2024, Telecom Argentina has the Risk Adjusted Performance of 0.0054, coefficient of variation of (20,270), and Variance of 17.3. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Telecom Argentina, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze thirteen technical drivers for Telecom Argentina, which can be compared to its competition. Please validate Telecom Argentina value at risk, skewness, and the relationship between the maximum drawdown and potential upside to decide if Telecom Argentina is priced more or less accurately, providing market reflects its prevalent price of 1498.7 per share.
Telecom Argentina Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Telecom, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TelecomTelecom |
Telecom Argentina 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.
Telecom Argentina 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 Telecom Argentina volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Telecom Argentina Trend Analysis
Use this graph to draw trend lines for Telecom Argentina. You can use it to identify possible trend reversals for Telecom Argentina 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 Telecom Argentina price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Telecom Argentina Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Telecom Argentina applied against its price change over selected period. The best fit line has a slop of 7.13 , which may suggest that Telecom Argentina market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1924171.97, which is the sum of squared deviations for the predicted Telecom Argentina price change compared to its average price change.About Telecom Argentina 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 Telecom Argentina 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 Telecom Argentina based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Telecom Argentina price pattern first instead of the macroeconomic environment surrounding Telecom Argentina. By analyzing Telecom Argentina'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 Telecom Argentina'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 Telecom Argentina specific price patterns or momentum indicators. Please read more on our technical analysis page.
Telecom Argentina April 18, 2024 Technical Indicators
Most technical analysis of Telecom 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 Telecom from various momentum indicators to cycle indicators. When you analyze Telecom 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 | 0.0054 | |||
| Market Risk Adjusted Performance | (0.02) | |||
| Mean Deviation | 3.2 | |||
| Coefficient Of Variation | (20,270) | |||
| Standard Deviation | 4.16 | |||
| Variance | 17.3 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.03) | |||
| Maximum Drawdown | 19.16 | |||
| Value At Risk | (6.22) | |||
| Potential Upside | 8.08 | |||
| Skewness | 0.5674 | |||
| Kurtosis | 0.2726 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Telecom Argentina. 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 Telecom Argentina information on this page should be used as a complementary analysis to other Telecom Argentina'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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for Telecom Stock analysis
When running Telecom Argentina's price analysis, check to measure Telecom Argentina'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 Telecom Argentina is operating at the current time. Most of Telecom Argentina's value examination focuses on studying past and present price action to predict the probability of Telecom Argentina's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Telecom Argentina's price. Additionally, you may evaluate how the addition of Telecom Argentina to your portfolios can decrease your overall portfolio volatility.
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