Compared with Fundamental Indicators, Macroaxis technical analysis interface allows you to check existing technical drivers of Parkson as well as the relationship between them. In other words you can use this information to find out if the company is indeed will mirror its model of past market data or the prices will eventually revert. We found nineteen technical drivers for Parkson Retail Group which can be compared to its competitors. Please check Parkson Retail Group Information Ratio, Value At Risk as well as the relationship between Value At Risk and Expected Short fall to decide if Parkson Retail Group is priced some-what accurately providing market reflects its current price of 0.51 per share. As Parkson Retail Group is a penny stock we also suggest to check out its Total Risk Alpha numbers. Use Parkson Retail Group Limited technical analysis together with your other otc stock asset holdings to protect against small markets fluctuations as well as to check it against diversification policy that fits your risk preferences.  

Use this graph to draw trend lines for Parkson Retail Group Limited. You can use it to identify possible trend reversals for Parkson 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 Parkson price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Parkson Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Parkson Retail Group Limited applied against its price change over selected period. The best fit line has a slop of 0.00 % . It has 42 observation points and regression sum of squers of 0.0 which is sum of squared deviations of the predicted Parkson price change against its avarage change. Parkson has a best fit line with a correlation coefficient of 0.0. and coefficient of determination of 0.0. Note, that the company has price-to-book ratio of 0.11.