Zota Health Technical Analysis

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ZOTA -- India Stock  

INR 142.40  0.55  0.38%

As of the 4th of July, Zota Health maintains the mean deviation of 1.61, market risk adjusted performance of 0.0248, and downside deviation of 2.45. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Zota Health Care, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Zota Health Care, which can be compared to its rivals. Please check out Zota Health Care semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if Zota Health Care is priced fairly, providing market reflects its latest price of 142.4 per share.

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

Zota Health Care Technical Analysis

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The output start index for this execution was twenty-five with a total number of output elements of thirty-six. The Normalized Average True Range is used to analyze tradable apportunities for Zota Health Care across different markets. View also all equity analysis or get more info about normalized average true range volatility indicators indicator.

Zota Health Care Trend Analysis

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

Zota Health Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Zota Health Care applied against its price change over selected period. The best fit line has a slop of   0.09  , which means Zota Health Care will continue generating value for investors. It has 122 observation points and a regression sum of squares at 326.67, which is the sum of squared deviations for the predicted Zota Health price change compared to its average price change.

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

Zota Health July 4, 2020 Technical Indicators

Most technical analysis of Zota Health 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 Zota Health from various momentum indicators to cycle indicators. When you analyze Zota Health 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 Performance0.0087
Market Risk Adjusted Performance0.0248
Mean Deviation1.61
Semi Deviation2.15
Downside Deviation2.45
Coefficient Of Variation30915.21
Standard Deviation2.61
Variance6.81
Information Ratio(0.10)
Jensen Alpha0.026
Total Risk Alpha(0.32)
Sortino Ratio(0.11)
Treynor Ratio0.0148
Maximum Drawdown15.4
Value At Risk(3.52)
Potential Upside4.88
Downside Variance6.0
Semi Variance4.64
Expected Short fall(2.13)
Skewness0.6309
Kurtosis4.98
Check out Your Current Watchlist. Please also try Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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