AfroCentric Investment (South Africa) Technical Analysis
| ACT Stock | 288.00 13.00 4.73% |
As of the 23rd of April, AfroCentric Investment shows the Mean Deviation of 2.67, risk adjusted performance of 0.0041, and Standard Deviation of 4.08. AfroCentric Investment 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 firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We are able to break down thirteen technical drivers for AfroCentric Investment Corp, which can be compared to its peers. Please confirm AfroCentric Investment maximum drawdown, as well as the relationship between the potential upside and kurtosis to decide if AfroCentric Investment is priced correctly, providing market reflects its regular price of 288.0 per share.
AfroCentric Investment Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as AfroCentric, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AfroCentricAfroCentric |
AfroCentric Investment 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.
AfroCentric Investment Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 AfroCentric Investment volatility. High ATR values indicate high volatility, and low values indicate low volatility.
AfroCentric Investment Trend Analysis
Use this graph to draw trend lines for AfroCentric Investment Corp. You can use it to identify possible trend reversals for AfroCentric Investment 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 AfroCentric Investment price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.AfroCentric Investment Best Fit Change Line
The following chart estimates an ordinary least squares regression model for AfroCentric Investment Corp applied against its price change over selected period. The best fit line has a slop of 0.75 , which may suggest that AfroCentric Investment Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 21239.26, which is the sum of squared deviations for the predicted AfroCentric Investment price change compared to its average price change.About AfroCentric Investment 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 AfroCentric Investment Corp 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 AfroCentric Investment Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on AfroCentric Investment price pattern first instead of the macroeconomic environment surrounding AfroCentric Investment. By analyzing AfroCentric Investment'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 AfroCentric Investment'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 AfroCentric Investment specific price patterns or momentum indicators. Please read more on our technical analysis page.
AfroCentric Investment April 23, 2024 Technical Indicators
Most technical analysis of AfroCentric 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 AfroCentric from various momentum indicators to cycle indicators. When you analyze AfroCentric 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0041 | |||
| Market Risk Adjusted Performance | 0.2798 | |||
| Mean Deviation | 2.67 | |||
| Coefficient Of Variation | (13,985) | |||
| Standard Deviation | 4.08 | |||
| Variance | 16.62 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | 0.2698 | |||
| Maximum Drawdown | 22.83 | |||
| Value At Risk | (6.90) | |||
| Potential Upside | 7.41 | |||
| Skewness | (0.1) | |||
| Kurtosis | 1.44 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AfroCentric Investment Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for AfroCentric Stock analysis
When running AfroCentric Investment's price analysis, check to measure AfroCentric Investment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AfroCentric Investment is operating at the current time. Most of AfroCentric Investment's value examination focuses on studying past and present price action to predict the probability of AfroCentric Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AfroCentric Investment's price. Additionally, you may evaluate how the addition of AfroCentric Investment to your portfolios can decrease your overall portfolio volatility.
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