Fairfax India Holdings Stock Technical Analysis

FFXDF Stock  USD 14.09  0.03  0.21%   
As of the 15th of May 2024, Fairfax India shows the Mean Deviation of 0.791, coefficient of variation of 14223.55, and Downside Deviation of 1.16. Fairfax India Holdings technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes 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 were able to break down nineteen technical drivers for Fairfax India Holdings, which can be compared to its peers. Please confirm Fairfax India Holdings standard deviation, value at risk, kurtosis, as well as the relationship between the jensen alpha and semi variance to decide if Fairfax India Holdings is priced favorably, providing market reflects its regular price of 14.09 per share. Given that Fairfax India has jensen alpha of (0.01), we urge you to verify Fairfax India Holdings's prevailing market performance to make sure the company can sustain itself at a future point.

Fairfax India Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Fairfax, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Fairfax
  
Fairfax India's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Fairfax India technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Fairfax India technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fairfax India 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...

Fairfax India Holdings Technical Analysis

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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Fairfax India Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Fairfax India Holdings Trend Analysis

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

Fairfax India Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Fairfax India Holdings applied against its price change over selected period. The best fit line has a slop of    , which means Fairfax India Holdings will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.08, which is the sum of squared deviations for the predicted Fairfax India price change compared to its average price change.

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

Fairfax India May 15, 2024 Technical Indicators

Most technical analysis of Fairfax 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 Fairfax from various momentum indicators to cycle indicators. When you analyze Fairfax 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.

Fairfax India May 15, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Fairfax stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fairfax India Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Fairfax India Holdings information on this page should be used as a complementary analysis to other Fairfax India'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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Complementary Tools for Fairfax Pink Sheet analysis

When running Fairfax India's price analysis, check to measure Fairfax India'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 Fairfax India is operating at the current time. Most of Fairfax India's value examination focuses on studying past and present price action to predict the probability of Fairfax India's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fairfax India's price. Additionally, you may evaluate how the addition of Fairfax India to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Fairfax India's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fairfax India is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fairfax India'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.