HESTER Technical Analysis

HESTERBIO-EQ -- India Stock  

INR 1,237  0.049951  0.004%

As of the 4th of July, HESTER BIOSCIENCES retains the market risk adjusted performance of (1.41), and risk adjusted performance of (0.04465). Our technical analysis interface lets you check helpful technical drivers of HESTER BIOSCIENCES, as well as the relationship between them. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for HESTER BIOSCIENCES, which can be compared to its competitors. Please check out HESTER BIOSCIENCES variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if HESTER BIOSCIENCES is priced fairly, providing market reflects its last-minute price of 1236.85 per share.

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HESTER BIOSCIENCES 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 HESTER BIOSCIENCES technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of HESTER BIOSCIENCES 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...


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


The following chart estimates an ordinary least squares regression model for HESTER BIOSCIENCES applied against its price change over selected period. The best fit line has a slop of   -8.67  , which may suggest that HESTER BIOSCIENCES market price will keep on failing further. It has 28 observation points and a regression sum of squares at 34185.38, which is the sum of squared deviations for the predicted HESTER BIOSCIENCES price change compared to its average price change.

About HESTER BIOSCIENCES 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 HESTER BIOSCIENCES 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 HESTER BIOSCIENCES based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on HESTER BIOSCIENCES stock first instead of the macroeconomic environment surrounding HESTER BIOSCIENCES . By analyzing HESTER BIOSCIENCES's financials, daily price indicators, and its related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of HESTER BIOSCIENCES'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 HESTER BIOSCIENCES specific price patterns or momentum indicators. Please read more on our technical analysis page.

HESTER BIOSCIENCES July 4, 2020 Technical Indicators

Most technical analysis of HESTER 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 HESTER from various momentum indicators to cycle indicators. When you analyze HESTER 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 Performance(0.04465)
Market Risk Adjusted Performance(1.41)
Mean Deviation9.64
Coefficient Of Variation(4,007)
Standard Deviation16.39
Information Ratio(0.04153)
Jensen Alpha(0.50)
Total Risk Alpha(2.42)
Treynor Ratio(1.42)
Maximum Drawdown44.74
Value At Risk(43.26)
Potential Upside30.95
Please check Risk vs Return Analysis. Please also try Shere Portfolio module to track or share privately all of your investments from the convenience of any device.
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