Farry Industries Limited shows Coefficient Of Variation of 665.62 and Mean Deviation of 1.73. Farry Industries technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for Farry Industries Limited which can be compared to its rivals. Please confirm Farry Industries Variance and Potential Upside to decide if Farry Industries is priced favorably providing market reflects its regular price of 5.17 per share.
|Horizon||30 Days Login to change|
Farry Industries Technical Analysis
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Farry Industries Trend AnalysisUse this graph to draw trend lines for Farry Industries Limited. You can use it to identify possible trend reversals for Farry 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 Farry Industries price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Farry Industries Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Farry Industries Limited applied against its price change over selected period. The best fit line has a slop of 0.026909 % which means Farry Industries Limited will continue generating value for investors. It has 78 observation points and a regression sum of squares at 7.15, which is the sum of squared deviations for the predicted Farry Industries price change compared to its average price change.
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|Risk Adjusted Performance||0.3002|
|Market Risk Adjusted Performance||7.92|
|Coefficient Of Variation||665.62|
|Total Risk Alpha||0.9319|
|Value At Risk||(4.88)|