As of 19 of February Manomay Tex secures Risk Adjusted Performance of
(0.046355) and Mean Deviation of 1.26. In connection with Fundamental Indicators, Macroaxis technical analysis interface lets you check existing technical drivers of Manomay Tex India as well as the relationship between them. Strictly speaking you can use this information to find out if the firm will indeed mirror its model of past prices or the prices will eventually revert. We found nineteen technical drivers for Manomay Tex which can be compared to its peers in the industry. Please verify Manomay Tex India Standard Deviation, Maximum Drawdown as well as the relationship between Maximum Drawdown and Expected Short fall to decide if Manomay Tex India Limited is priced some-what accurately providing market reflects its recent price of 39.4 per share.
|Horizon||30 Days Login to change|
Manomay Tex India Technical Analysis
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.
Manomay Tex India Trend AnalysisUse this graph to draw trend lines for Manomay Tex India Limited. You can use it to identify possible trend reversals for Manomay Tex 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 Manomay Tex price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Manomay Tex Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Manomay Tex India Limited applied against its price change over selected period. The best fit line has a slop of 0.07 % which means Manomay Tex India Limited will continue generating value for investors. It has 78 observation points and a regression sum of squares at 52.46, which is the sum of squared deviations for the predicted Manomay Tex price change compared to its average price change.
Find insiders across different sectors to evaluate their impact on performance
|All Next||Launch Insider Screener|
|Risk Adjusted Performance||(0.046355)|
|Market Risk Adjusted Performance||(34.94)|
|Coefficient Of Variation||(3,685)|
|Total Risk Alpha||(0.17)|
|Value At Risk||(5.41)|
Please see also Stocks Correlation. Please also try Theme Ratings module to determine theme ratings based on digital equity recommendations. macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.