Sendas Distribuidora (Brazil) Technical Analysis
| ASAI3 Stock | BRL 13.18 0.34 2.65% |
As of the 19th of April, Sendas Distribuidora has the Variance of 5.27, coefficient of variation of (1,648), and Risk Adjusted Performance of (0.03). 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 treynor ratio, value at risk, and the relationship between the information ratio and maximum drawdown to decide if Sendas Distribuidora is priced more or less accurately, providing market reflects its prevalent price of 13.18 per share.
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 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
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 , which means Sendas Distribuidora SA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.53, 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.
Sendas Distribuidora April 19, 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 | (0.03) | |||
| Market Risk Adjusted Performance | (0.12) | |||
| Mean Deviation | 1.77 | |||
| Coefficient Of Variation | (1,648) | |||
| Standard Deviation | 2.3 | |||
| Variance | 5.27 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (0.13) | |||
| Maximum Drawdown | 10.19 | |||
| Value At Risk | (3.60) | |||
| Potential Upside | 3.7 | |||
| Skewness | 0.1494 | |||
| Kurtosis | (0.19) |
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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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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