Super Group Ltd has Semi Deviation
of 0.9278, Coefficient Of Variation
of 636.02 and Risk Adjusted Performance
of 0.0912. In relation to Fundamental Indicators
, Macroaxis technical analysis interface makes it possible for you to check existing technical drivers of Super Group 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 found nineteen technical drivers
for Super Group Ltd which can be compared to its competition. Please validate Super Group Jensen Alpha
, Potential Upside
, as well as the relationship
between Maximum Drawdown
and Semi Variance
to decide if Super is priced more or less accurately providing market reflects its prevalent price of 1.555 per share. Use Super Group Ltd technical analysis together with your other stock asset holdings to enhance returns of your portfolios as well as to check it against diversification policy that fits your risk preferences.
Super Group Trend Analysis
Use this graph to draw trend lines for Super Group Ltd. You can use it to identify possible trend reversals for Super 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 Super price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Super Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Super Group Ltd applied against its price change over selected period. The best fit line has a slop of 0.0047 %
which means Super Group Ltd will continue generating value for investors. It has 42 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted Super price change compared to its average price change.
Super has a best fit line with a correlation coefficient of 0.79. and coefficient of determination of 0.63. Note, that book value of the company was at this time as 0.43.