Transocean (Mexico) Technical Analysis
| RIGN Stock | MXN 105.29 0.00 0.00% |
As of the 19th of April, Transocean has the Semi Deviation of 1.55, risk adjusted performance of 0.0403, and Coefficient Of Variation of 1899.58. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Transocean, 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 interpolate nineteen technical drivers for Transocean, which can be compared to its competition. Please validate Transocean coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if Transocean is priced more or less accurately, providing market reflects its prevalent price of 105.29 per share.
Transocean Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Transocean, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TransoceanTransocean |
Transocean 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.
Transocean Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Transocean volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Transocean Trend Analysis
Use this graph to draw trend lines for Transocean. You can use it to identify possible trend reversals for Transocean 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 Transocean price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Transocean Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Transocean applied against its price change over selected period. The best fit line has a slop of 0.23 , which means Transocean will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1987.13, which is the sum of squared deviations for the predicted Transocean price change compared to its average price change.About Transocean 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 Transocean 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 Transocean based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Transocean price pattern first instead of the macroeconomic environment surrounding Transocean. By analyzing Transocean'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 Transocean'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 Transocean specific price patterns or momentum indicators. Please read more on our technical analysis page.
Transocean April 19, 2024 Technical Indicators
Most technical analysis of Transocean 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 Transocean from various momentum indicators to cycle indicators. When you analyze Transocean 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 | 0.0403 | |||
| Market Risk Adjusted Performance | 0.7721 | |||
| Mean Deviation | 1.22 | |||
| Semi Deviation | 1.55 | |||
| Downside Deviation | 4.04 | |||
| Coefficient Of Variation | 1899.58 | |||
| Standard Deviation | 2.76 | |||
| Variance | 7.59 | |||
| Information Ratio | 0.0277 | |||
| Jensen Alpha | 0.1247 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0189 | |||
| Treynor Ratio | 0.7621 | |||
| Maximum Drawdown | 12.77 | |||
| Value At Risk | (4.45) | |||
| Potential Upside | 6.01 | |||
| Downside Variance | 16.36 | |||
| Semi Variance | 2.39 | |||
| Expected Short fall | (5.90) | |||
| Skewness | 1.78 | |||
| Kurtosis | 7.47 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Transocean. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Transocean Stock please use our How to Invest in Transocean guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Transocean Stock analysis
When running Transocean's price analysis, check to measure Transocean'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 Transocean is operating at the current time. Most of Transocean's value examination focuses on studying past and present price action to predict the probability of Transocean's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transocean's price. Additionally, you may evaluate how the addition of Transocean to your portfolios can decrease your overall portfolio volatility.
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |