BATAINDIA Technical Analysis

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BATAINDIA -- India Stock  

INR 1,300  17.00  1.29%

As of the 8th of July, BATA INDIA shows the coefficient of variation of 3401.35, market risk adjusted performance of (1.09), and mean deviation of 3.52. BATA INDIA LTD technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze nineteen technical drivers for BATA INDIA LTD, which can be compared to its rivals. Please confirm BATA INDIA LTD treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if BATA INDIA LTD is priced adequately, providing market reflects its regular price of 1299.6 per share.

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BATA INDIA technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of BATA INDIA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of BATA INDIA trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

BATA INDIA LTD Technical Analysis

The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of BATA INDIA LTD volatility developed by Welles Wilder. View also all equity analysis or get more info about true range volatility indicators indicator.

BATA INDIA LTD Trend Analysis

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

BATA INDIA Best Fit Change Line

The following chart estimates an ordinary least squares regression model for BATA INDIA LTD applied against its price change over selected period. The best fit line has a slop of   1.94  , which means BATA INDIA LTD will continue generating value for investors. It has 122 observation points and a regression sum of squares at 142499.25, which is the sum of squared deviations for the predicted BATA INDIA price change compared to its average price change.

About BATA INDIA Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of BATA INDIA LTD on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of BATA INDIA LTD based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on BATA INDIA LTD stock first instead of the macroeconomic environment surrounding BATA INDIA LTD . By analyzing BATA INDIA's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of BATA INDIA's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to BATA INDIA specific price patterns or momentum indicators. Please read more on our technical analysis page.

BATA INDIA July 8, 2020 Technical Indicators

Most technical analysis of BATAINDIA stock help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for BATAINDIA from various momentum indicators to cycle indicators. When you analyze BATAINDIA charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators
Math Operators
Math Transform
Momentum Indicators
Overlap Studies
Pattern Recognition
Price Transform
Statistic Functions
Volatility Indicators
Volume Indicators
Risk Adjusted Performance0.0605
Market Risk Adjusted Performance(1.09)
Mean Deviation3.52
Semi Deviation5.42
Downside Deviation6.04
Coefficient Of Variation3401.35
Standard Deviation6.31
Information Ratio(0.00029131)
Jensen Alpha0.2037
Total Risk Alpha(0.44)
Sortino Ratio(0.00030411)
Treynor Ratio(1.10)
Maximum Drawdown54.3
Value At Risk(8.03)
Potential Upside6.82
Downside Variance36.49
Semi Variance29.4
Expected Short fall(4.19)
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