MRF (India) Technical Analysis Overview

MRF -- India Stock  

INR 67,403  158.25  0.23%

MRF Limited secures Mean Deviation of 0.9253 and Risk Adjusted Performance of 0.2475. In respect to Fundamental Indicators, Macroaxis technical analysis interface lets you check practical technical drivers of MRF Limited 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 MRF which can be compared to its peers in the industry. Please verify MRF Limited Standard Deviation, Value At Risk, Kurtosis, as well as the relationship between Jensen Alpha and Semi Variance to decide if MRF Limited is priced more or less accurately providing market reflects its recent price of 67403.25 per share.
Horizon     30 Days    Login   to change

MRF Limited Technical Analysis

Time Period
  Portfolio Suggestion    
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The output start index for this execution was fifteen with a total number of output elements of twenty-four. 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 MRF Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

MRF Limited Trend Analysis

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

MRF Best Fit Change Line

The following chart estimates an ordinary least squares regression model for MRF Limited applied against its price change over selected period. The best fit line has a slop of 140.18 % which means MRF Limited will continue producing value for investors. It has 78 observation points and a regression sum of squares at 1.9413903889E8, which is the sum of squared deviations for the predicted MRF price change compared to its average price change.

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MRF Market Strength

MRF December 19, 2018 Daily Price Condition

Please see also Stocks Correlation. Please also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.