Sendas Distribuidora Sa Stock Technical Analysis
ASAI Stock | USD 13.29 0.11 0.82% |
As of the 24th of April, Sendas Distribuidora has the Coefficient Of Variation of (3,234), risk adjusted performance of (0.01), and Variance of 6.21. Sendas Distribuidora technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze thirteen technical drivers for Sendas Distribuidora SA, which can be compared to its competition. Please validate Sendas Distribuidora standard deviation, treynor ratio, as well as the relationship between the Treynor Ratio and potential upside to decide if Sendas Distribuidora is priced more or less accurately, providing market reflects its prevalent price of 13.29 per share. Given that Sendas Distribuidora has information ratio of (0.07), we advise you to double-check Sendas Distribuidora SA's current market performance to make sure the company can sustain itself at a future point.
Sendas Distribuidora Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Sendas, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SendasSendas |
Sendas Distribuidora Analyst Consensus
Target Price | Advice | # of Analysts | |
17.48 | Strong Buy | 3 | Odds |
Most Sendas analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Sendas stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Sendas Distribuidora, talking to its executives and customers, or listening to Sendas conference calls.
Sendas Distribuidora 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.
Sendas Distribuidora 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 Sendas Distribuidora volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Sendas Distribuidora Trend Analysis
Use this graph to draw trend lines for Sendas Distribuidora SA. You can use it to identify possible trend reversals for Sendas Distribuidora 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 Sendas Distribuidora price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Sendas Distribuidora Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Sendas Distribuidora SA applied against its price change over selected period. The best fit line has a slop of 0.0085 , which may suggest that Sendas Distribuidora SA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2.71, which is the sum of squared deviations for the predicted Sendas Distribuidora price change compared to its average price change.About Sendas Distribuidora 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 Sendas Distribuidora SA 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 Sendas Distribuidora SA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Sendas Distribuidora price pattern first instead of the macroeconomic environment surrounding Sendas Distribuidora. By analyzing Sendas Distribuidora'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 Sendas Distribuidora'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 Sendas Distribuidora specific price patterns or momentum indicators. Please read more on our technical analysis page.
2022 | 2023 | 2024 (projected) | Dividend Yield | 0.001269 | 0.001303 | 0.001238 | Price To Sales Ratio | 2.43 | 1.36 | 1.32 |
Sendas Distribuidora April 24, 2024 Technical Indicators
Most technical analysis of Sendas 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 Sendas from various momentum indicators to cycle indicators. When you analyze Sendas 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 | (0.01) | |||
Market Risk Adjusted Performance | (0.03) | |||
Mean Deviation | 1.95 | |||
Coefficient Of Variation | (3,234) | |||
Standard Deviation | 2.49 | |||
Variance | 6.21 | |||
Information Ratio | (0.07) | |||
Jensen Alpha | (0.27) | |||
Total Risk Alpha | (0.43) | |||
Treynor Ratio | (0.04) | |||
Maximum Drawdown | 11.04 | |||
Value At Risk | (5.14) | |||
Potential Upside | 3.83 | |||
Skewness | (0.42) | |||
Kurtosis | 1.0E-4 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sendas Distribuidora SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Sendas Distribuidora information on this page should be used as a complementary analysis to other Sendas Distribuidora's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Sendas Stock analysis
When running Sendas Distribuidora's price analysis, check to measure Sendas Distribuidora'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 Sendas Distribuidora is operating at the current time. Most of Sendas Distribuidora's value examination focuses on studying past and present price action to predict the probability of Sendas Distribuidora's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sendas Distribuidora's price. Additionally, you may evaluate how the addition of Sendas Distribuidora to your portfolios can decrease your overall portfolio volatility.
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Is Sendas Distribuidora's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sendas Distribuidora. If investors know Sendas will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sendas Distribuidora listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.27) | Earnings Share 0.51 | Revenue Per Share 246.305 | Quarterly Revenue Growth 0.155 | Return On Assets 0.0475 |
The market value of Sendas Distribuidora is measured differently than its book value, which is the value of Sendas that is recorded on the company's balance sheet. Investors also form their own opinion of Sendas Distribuidora's value that differs from its market value or its book value, called intrinsic value, which is Sendas Distribuidora's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sendas Distribuidora's market value can be influenced by many factors that don't directly affect Sendas Distribuidora's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sendas Distribuidora's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sendas Distribuidora is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sendas Distribuidora's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.