STARCEMENT Technical Analysis

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STARCEMENT -- India Stock  

INR 88.30  2.55  2.81%

As of the 9th of July, STAR CEMENT owns the downside deviation of 3.15, and risk adjusted performance of 0.2491. In relation to fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of STAR CEMENT LTD, as well as the relationship between them. Strictly speaking, you can use this information to find out if the company will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to analyze nineteen technical drivers for STAR CEMENT, which can be compared to its peers in the sector. Please validate STAR CEMENT LTD treynor ratio, and the relationship between the standard deviation and downside variance to decide if STAR CEMENT LTD is priced more or less accurately, providing market reflects its prevailing price of 88.3 per share.

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

STAR CEMENT LTD Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. 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 STAR CEMENT LTD 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.

STAR CEMENT LTD Trend Analysis

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

STAR CEMENT Best Fit Change Line

The following chart estimates an ordinary least squares regression model for STAR CEMENT LTD applied against its price change over selected period. The best fit line has a slop of   0.35  , which means STAR CEMENT LTD will continue generating value for investors. It has 122 observation points and a regression sum of squares at 4596.76, which is the sum of squared deviations for the predicted STAR CEMENT price change compared to its average price change.

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

STAR CEMENT July 9, 2020 Technical Indicators

Most technical analysis of STARCEMENT 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 STARCEMENT from various momentum indicators to cycle indicators. When you analyze STARCEMENT 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 Performance0.2491
Market Risk Adjusted Performance(1.76)
Mean Deviation2.09
Semi Deviation2.28
Downside Deviation3.15
Coefficient Of Variation748.22
Standard Deviation3.01
Variance9.04
Information Ratio0.0774
Jensen Alpha0.427
Total Risk Alpha0.1311
Sortino Ratio0.074
Treynor Ratio(1.77)
Maximum Drawdown16.27
Value At Risk(4.61)
Potential Upside5.42
Downside Variance9.9
Semi Variance5.21
Expected Short fall(2.39)
Skewness0.608
Kurtosis2.31
Additionally, take a look at World Market Map. Please also try Balance Of Power module to check stock momentum by analyzing balance of power indicator and other technical ratios.
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