Toughbuilt Industries Stock Technical Analysis
| TBLT Stock | USD 2.90 0.11 3.65% |
As of the 17th of June 2024, Toughbuilt Industries has the Semi Deviation of 5.03, coefficient of variation of 6999.67, and Risk Adjusted Performance of 0.0188. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Toughbuilt Industries, as well as the relationship between them.
Toughbuilt Industries Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Toughbuilt, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ToughbuiltToughbuilt |
Toughbuilt Industries 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.
Toughbuilt Industries Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Toughbuilt Industries volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Toughbuilt Industries Trend Analysis
Use this graph to draw trend lines for Toughbuilt Industries. You can use it to identify possible trend reversals for Toughbuilt Industries 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 Toughbuilt Industries price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Toughbuilt Industries Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Toughbuilt Industries applied against its price change over selected period. The best fit line has a slop of 0.008 , which may suggest that Toughbuilt Industries market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2.44, which is the sum of squared deviations for the predicted Toughbuilt Industries price change compared to its average price change.About Toughbuilt Industries 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 Toughbuilt Industries 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 Toughbuilt Industries based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Toughbuilt Industries price pattern first instead of the macroeconomic environment surrounding Toughbuilt Industries. By analyzing Toughbuilt Industries'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 Toughbuilt Industries'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 Toughbuilt Industries specific price patterns or momentum indicators. Please read more on our technical analysis page.
Toughbuilt Industries June 17, 2024 Technical Indicators
Most technical analysis of Toughbuilt 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 Toughbuilt from various momentum indicators to cycle indicators. When you analyze Toughbuilt 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.
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| Risk Adjusted Performance | 0.0188 | |||
| Market Risk Adjusted Performance | 0.0613 | |||
| Mean Deviation | 4.33 | |||
| Semi Deviation | 5.03 | |||
| Downside Deviation | 5.33 | |||
| Coefficient Of Variation | 6999.67 | |||
| Standard Deviation | 6.16 | |||
| Variance | 37.95 | |||
| Information Ratio | 0.0078 | |||
| Jensen Alpha | 0.0327 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.009 | |||
| Treynor Ratio | 0.0513 | |||
| Maximum Drawdown | 34.35 | |||
| Value At Risk | (9.35) | |||
| Potential Upside | 9.96 | |||
| Downside Variance | 28.44 | |||
| Semi Variance | 25.3 | |||
| Expected Short fall | (4.98) | |||
| Skewness | 1.25 | |||
| Kurtosis | 4.22 |
Additional Tools for Toughbuilt Stock Analysis
When running Toughbuilt Industries' price analysis, check to measure Toughbuilt Industries' 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 Toughbuilt Industries is operating at the current time. Most of Toughbuilt Industries' value examination focuses on studying past and present price action to predict the probability of Toughbuilt Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Toughbuilt Industries' price. Additionally, you may evaluate how the addition of Toughbuilt Industries to your portfolios can decrease your overall portfolio volatility.