Woolworths Holdings Ltd Stock Technical Analysis
| WLWHY Stock | USD 3.01 0.08 2.59% |
As of the 25th of April, Woolworths Holdings maintains the Market Risk Adjusted Performance of (0.16), mean deviation of 2.14, and Standard Deviation of 3.52. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Woolworths Holdings Ltd, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We have analyze and collected data for thirteen technical drivers for Woolworths Holdings, which can be compared to its peers. Please check out Woolworths Holdings risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis to decide if Woolworths Holdings is priced fairly, providing market reflects its latest price of 3.01 per share. Given that Woolworths Holdings Ltd has information ratio of (0.06), we strongly advise you to confirm Woolworths Holdings's prevalent market performance to make sure the company can sustain itself at a future point.
Woolworths Holdings Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Woolworths, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WoolworthsWoolworths |
Woolworths Holdings technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Woolworths Holdings Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Woolworths Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Woolworths Holdings Trend Analysis
Use this graph to draw trend lines for Woolworths Holdings Ltd. You can use it to identify possible trend reversals for Woolworths Holdings 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 Woolworths Holdings price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Woolworths Holdings Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Woolworths Holdings Ltd applied against its price change over selected period. The best fit line has a slop of 0.0094 , which may suggest that Woolworths Holdings Ltd market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3.33, which is the sum of squared deviations for the predicted Woolworths Holdings price change compared to its average price change.About Woolworths Holdings 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 Woolworths Holdings Ltd 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 Woolworths Holdings Ltd based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Woolworths Holdings price pattern first instead of the macroeconomic environment surrounding Woolworths Holdings. By analyzing Woolworths Holdings'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 Woolworths Holdings'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 Woolworths Holdings specific price patterns or momentum indicators. Please read more on our technical analysis page.
Woolworths Holdings April 25, 2024 Technical Indicators
Most technical analysis of Woolworths 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 Woolworths from various momentum indicators to cycle indicators. When you analyze Woolworths 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 | (0.01) | |||
| Market Risk Adjusted Performance | (0.16) | |||
| Mean Deviation | 2.14 | |||
| Coefficient Of Variation | (3,316) | |||
| Standard Deviation | 3.52 | |||
| Variance | 12.39 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | (0.17) | |||
| Maximum Drawdown | 27.73 | |||
| Value At Risk | (5.64) | |||
| Potential Upside | 3.83 | |||
| Skewness | 0.5031 | |||
| Kurtosis | 6.91 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Woolworths Holdings Ltd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Woolworths Holdings information on this page should be used as a complementary analysis to other Woolworths Holdings' 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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Woolworths Pink Sheet analysis
When running Woolworths Holdings' price analysis, check to measure Woolworths Holdings' 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 Woolworths Holdings is operating at the current time. Most of Woolworths Holdings' value examination focuses on studying past and present price action to predict the probability of Woolworths Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Woolworths Holdings' price. Additionally, you may evaluate how the addition of Woolworths Holdings to your portfolios can decrease your overall portfolio volatility.
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