As of 22 of October Dr Reddys owns Downside Deviation of 1.47, Standard Deviation of 1.43 and Market Risk Adjusted Performance of 0.1154. In respect to Fundamental Indicators, Macroaxis technical analysis interface provides you with the way to check possible technical drivers of Dr Reddys Laboratories as well as the relationship between them. Strictly speaking you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns or the prices will eventually revert. We found nineteen technical drivers for Dr Reddys which can be compared to its peers in the sector. Please confirm Dr Reddys Laboratories Standard Deviation as well as the relationship between Value At Risk and Kurtosis to decide if Dr Reddys Laboratories Ltd is priced favorably providing market reflects its prevailing price of 38.71 per share. Given that Dr Reddys Laboratories has Jensen Alpha of 0.0511, we urge you verify Dr Reddys latest market performance to make sure the company can sustain itself in the future.
Dr Reddys Laboratories Ltd current and past analyst recommendations published by number of research institutions as well as average analyst consensus
|Target Price||Advice||# of Analysts|
|Dr Reddys Analyst Advice|
|Horizon||30 Days Login to change|
Dr Reddys Laboratories Technical Analysis
Dr Reddys Laboratories Trend AnalysisUse this graph to draw trend lines for Dr Reddys Laboratories Ltd. You can use it to identify possible trend reversals for Dr Reddys 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 Dr Reddys price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Dr Reddys Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Dr Reddys Laboratories Ltd applied against its price change over selected period. The best fit line has a slop of 0.045934 which may imply that Dr Reddys Laboratories Ltd will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 79.8, which is the sum of squared deviations for the predicted Dr Reddys price change compared to its average price change.
Dr Reddys October 22, 2019 Technical Indicators
|Risk Adjusted Performance||0.0384|
|Market Risk Adjusted Performance||0.1154|
|Coefficient Of Variation||2772.7|
|Total Risk Alpha||0.0764|
|Value At Risk||(2.49)|
|Expected Short fall||(1.13)|
Dr Reddys October 22, 2019 Daily Price Condition
|Daily Balance Of Power||(0.09)|
|Rate Of Daily Change||1.00|
|Day Median Price||38.53|
|Day Typical Price||38.59|
|Price Action Indicator||0.14|