Sanlam Ltd Pk Stock Technical Analysis

SLLDY Stock  USD 6.90  0.02  0.29%   
As of the 24th of April, Sanlam has the Risk Adjusted Performance of 0.0022, variance of 2.71, and Coefficient Of Variation of (15,437). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sanlam Ltd PK, as well as the relationship between them. 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 break down thirteen technical drivers for Sanlam Ltd PK, which can be compared to its competition. Please validate Sanlam Ltd PK market risk adjusted performance and treynor ratio to decide if Sanlam is priced more or less accurately, providing market reflects its prevalent price of 6.9 per share. Given that Sanlam Ltd PK has information ratio of (0.06), we advise you to double-check Sanlam Ltd PK's current market performance to make sure the company can sustain itself at a future point.

Sanlam Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Sanlam, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Sanlam
  
Sanlam'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.
Sanlam 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 Sanlam technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sanlam 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...

Sanlam Ltd PK Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Sanlam Ltd PK volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Sanlam Ltd PK Trend Analysis

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

Sanlam Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Sanlam Ltd PK applied against its price change over selected period. The best fit line has a slop of   0.0075  , which may suggest that Sanlam Ltd PK market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2.14, which is the sum of squared deviations for the predicted Sanlam price change compared to its average price change.

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

Sanlam April 24, 2024 Technical Indicators

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

Sanlam April 24, 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 Sanlam 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sanlam Ltd PK. 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 Sanlam Ltd PK information on this page should be used as a complementary analysis to other Sanlam'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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Complementary Tools for Sanlam Pink Sheet analysis

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