As of 20 of March AFCON Holdings owns Market Risk Adjusted Performance of 0.1612 and Coefficient Of Variation of
(2,194). AFCON Holdings Ltd technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the firm future prices. 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 AFCON Holdings which can be compared to its peers in the sector. Please confirm AFCON Holdings Semi Deviation, Coefficient Of Variation and the relationship between Mean Deviation and Downside Deviation to decide if AFCON Holdings Ltd is priced adequately providing market reflects its prevailing price of 17850.0 per share.
|Horizon||30 Days Login to change|
AFCON Holdings Technical Analysis
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AFCON Holdings Trend AnalysisUse this graph to draw trend lines for AFCON Holdings Ltd. You can use it to identify possible trend reversals for AFCON Holdings 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 AFCON Holdings price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
AFCON Holdings Best Fit Change LineThe following chart estimates an ordinary least squares regression model for AFCON Holdings Ltd applied against its price change over selected period. The best fit line has a slop of 29.69 % which means AFCON Holdings Ltd will continue producing value for investors. It has 78 observation points and a regression sum of squares at 8711723.12, which is the sum of squared deviations for the predicted AFCON Holdings price change compared to its average price change.
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations when you add AFCON Holdings Ltd to your portfolio
|Risk Adjusted Performance||(0.023024)|
|Market Risk Adjusted Performance||0.1612|
|Coefficient Of Variation||(2,194)|
|Total Risk Alpha||(0.83)|
|Value At Risk||(5.98)|