Asiatravel shows Risk Adjusted Performance
of 0.0766 and Mean Deviation
of 2.1. Macroaxis technical analysis interface gives you tools to check existing technical drivers
as well as the relationship between them. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices
and volume momentum or the prices will eventually revert. We found nineteen technical drivers
for Asiatravel which can be compared to its rivals. Please confirm Asiatravel Downside Deviation
, Treynor Ratio
, Expected Short fall
, as well as the relationship
and Potential Upside
to decide if Asiatravel is priced correctly providing market reflects its regular price of 0.21 per share. Use Asiatravel (#SG1J72891703SG) technical analysis within your existing portfolios mixed with equities fromn Singapore Stock Exchange to protect against small markets fluctuations as well as to determine Stock diversification method that is right for you.
Use this graph to draw trend lines for Asiatravel. You can use it to identify possible trend reversals for Asiatravel 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 Asiatravel price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Asiatravel Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Asiatravel applied against its price change over selected period. The best fit line has a slop of 0.0020 %
which means Asiatravel will continue generating value for investors. It has 26 observation points and regression sum of squers of 0.0 which is sum of squared deviations of the predicted Asiatravel price change against its avarage change.
|Price Growth (%) |
|Prediction Trend || ||Asiatravel || |
Asiatravel has a best fit line with a correlation coefficient of 0.74. and coefficient of determination of 0.55. Note, that the company had not issued any dividends in recent years.