Trio Tech International Stock Technical Analysis

TRT Stock  USD 6.55  0.08  1.24%   
As of the 20th of May, Trio Tech has the Coefficient Of Variation of 1206.17, semi deviation of 2.4, and Risk Adjusted Performance of 0.0563. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Trio Tech International, 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 data for nineteen technical drivers for Trio Tech International, which can be compared to its competition. Please validate Trio Tech International coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Trio Tech is priced more or less accurately, providing market reflects its prevalent price of 6.55 per share. Given that Trio Tech International has jensen alpha of 0.1817, we advise you to double-check Trio Tech International's current market performance to make sure the company can sustain itself at a future point.

Trio Tech Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Trio, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Trio
  
Trio Tech's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Trio Tech 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.
A focus of Trio Tech technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Trio Tech trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Trio Tech International Technical Analysis

Indicator
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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Trio Tech International volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Trio Tech International Trend Analysis

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

Trio Tech Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Trio Tech International applied against its price change over selected period. The best fit line has a slop of   0.01  , which may imply that Trio Tech International will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 5.13, which is the sum of squared deviations for the predicted Trio Tech price change compared to its average price change.

About Trio Tech 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 Trio Tech International 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 Trio Tech International based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Trio Tech International price pattern first instead of the macroeconomic environment surrounding Trio Tech International. By analyzing Trio Tech'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 Trio Tech'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 Trio Tech specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.01940.0174
Price To Sales Ratio0.520.48

Trio Tech May 20, 2024 Technical Indicators

Most technical analysis of Trio 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 Trio from various momentum indicators to cycle indicators. When you analyze Trio 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.
When determining whether Trio Tech International is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Trio Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Trio Tech International Stock. Highlighted below are key reports to facilitate an investment decision about Trio Tech International Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trio Tech International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for Trio Stock analysis

When running Trio Tech's price analysis, check to measure Trio Tech'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 Trio Tech is operating at the current time. Most of Trio Tech's value examination focuses on studying past and present price action to predict the probability of Trio Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trio Tech's price. Additionally, you may evaluate how the addition of Trio Tech to your portfolios can decrease your overall portfolio volatility.
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Is Trio Tech's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Trio Tech. If investors know Trio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Trio Tech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.028
Earnings Share
0.21
Revenue Per Share
10.023
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0113
The market value of Trio Tech International is measured differently than its book value, which is the value of Trio that is recorded on the company's balance sheet. Investors also form their own opinion of Trio Tech's value that differs from its market value or its book value, called intrinsic value, which is Trio Tech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Trio Tech's market value can be influenced by many factors that don't directly affect Trio Tech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Trio Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trio Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trio Tech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.