LYKALABS Technical Analysis

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LYKALABS -- India Stock  

INR 20.00  0.10  0.50%

As of the 11th of July 2020, LYKA LABORATORIES secures the risk adjusted performance of 0.3063, and mean deviation of 3.93. Concerning fundamental indicators, the technical analysis model lets you check available technical drivers of LYKA LABORATORIES, 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 were able to analyze nineteen technical drivers for LYKA LABORATORIES, which can be compared to its peers in the industry. Please verify LYKA LABORATORIES jensen alpha, as well as the relationship between the potential upside and skewness to decide if LYKA LABORATORIES is priced favorably, providing market reflects its recent price of 20.0 per share.

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

LYKA LABORATORIES Technical Analysis

Indicator
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 LYKA LABORATORIES volatility developed by Welles Wilder. View also all equity analysis or get more info about true range volatility indicators indicator.

LYKA LABORATORIES Trend Analysis

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

LYKA LABORATORIES Best Fit Change Line

The following chart estimates an ordinary least squares regression model for LYKA LABORATORIES applied against its price change over selected period. The best fit line has a slop of   0.08  , which means LYKA LABORATORIES will continue generating value for investors. It has 122 observation points and a regression sum of squares at 260.65, which is the sum of squared deviations for the predicted LYKA LABORATORIES price change compared to its average price change.

About LYKA LABORATORIES 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 LYKA LABORATORIES 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 LYKA LABORATORIES based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on LYKA LABORATORIES stock first instead of the macroeconomic environment surrounding LYKA LABORATORIES . By analyzing LYKA LABORATORIES'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 LYKA LABORATORIES'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 LYKA LABORATORIES specific price patterns or momentum indicators. Please read more on our technical analysis page.

LYKA LABORATORIES July 11, 2020 Technical Indicators

Most technical analysis of LYKALABS 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 LYKALABS from various momentum indicators to cycle indicators. When you analyze LYKALABS 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 Performance0.3063
Market Risk Adjusted Performance(1.52)
Mean Deviation3.93
Semi Deviation3.28
Downside Deviation4.19
Coefficient Of Variation607.5
Standard Deviation5.62
Variance31.59
Information Ratio0.1347
Jensen Alpha1.01
Total Risk Alpha0.4261
Sortino Ratio0.1807
Treynor Ratio(1.53)
Maximum Drawdown29.66
Value At Risk(7.11)
Potential Upside10.76
Downside Variance17.54
Semi Variance10.79
Expected Short fall(5.69)
Skewness1.25
Kurtosis2.71
Additionally, see Stocks Correlation. Please also try ETF Directory module to find actively-traded exchange traded funds (etf) from around the world.
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