As of 19 of January Rungta Irrigation holds Coefficient Of Variation of 1506.43, Risk Adjusted Performance of 0.1335 and Semi Deviation of 3.01. Compared with Fundamental Indicators, Macroaxis technical analysis interface allows you to check existing technical drivers of Rungta Irrigation 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 market data or the prices will eventually revert. We found nineteen technical drivers for Rungta Irrigation which can be compared to its competitors. Please check Rungta IrrigationVariance, Value At Risk as well as the relationship between Value At Risk and Skewness to decide if Rungta Irrigation is priced some-what accurately providing market reflects its current price of 21.6 per share.
The output start index for this execution was twelve with a total number of output elements of twenty-seven. 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 Rungta Irrigation 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.
Rungta Irrigation Trend Analysis
Use this graph to draw trend lines for Rungta Irrigation Limited. You can use it to identify possible trend reversals for Rungta Irrigation 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 Rungta Irrigation price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Rungta Irrigation Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Rungta Irrigation Limited applied against its price change over selected period. The best fit line has a slop of 0.02 % which may suggest that Rungta Irrigation Limited market price will keep on failing further. It has 78 observation points and a regression sum of squares at 5.24, which is the sum of squared deviations for the predicted Rungta Irrigation price change compared to its average price change.
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