Tabcorp Holdings Stock Technical Analysis
| TACBYDelisted Stock | USD 0.75 0.00 0.00% |
As of the 24th of April, Tabcorp Holdings has the Variance of 19.46, coefficient of variation of (1,813), and Risk Adjusted Performance of (0.03). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tabcorp Holdings, 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 have analyzed thirteen technical drivers for Tabcorp Holdings, which can be compared to its competition. Please validate Tabcorp Holdings mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and kurtosis to decide if Tabcorp Holdings is priced more or less accurately, providing market reflects its prevalent price of 0.75 per share. As Tabcorp Holdings is a penny stock we also advise to double-check its jensen alpha numbers.
Tabcorp Holdings Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Tabcorp, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TabcorpTabcorp |
Tabcorp Holdings 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.
Tabcorp Holdings Technical Analysis
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Tabcorp Holdings Trend Analysis
Use this graph to draw trend lines for Tabcorp Holdings. You can use it to identify possible trend reversals for Tabcorp Holdings 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 Tabcorp Holdings price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Tabcorp Holdings Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Tabcorp Holdings applied against its price change over selected period. The best fit line has a slop of 0.001 , which may suggest that Tabcorp Holdings market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.04, which is the sum of squared deviations for the predicted Tabcorp Holdings price change compared to its average price change.About Tabcorp Holdings 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 Tabcorp 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 Tabcorp Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Tabcorp Holdings price pattern first instead of the macroeconomic environment surrounding Tabcorp Holdings. By analyzing Tabcorp Holdings'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 Tabcorp Holdings'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 Tabcorp Holdings specific price patterns or momentum indicators. Please read more on our technical analysis page.
Tabcorp Holdings April 24, 2024 Technical Indicators
Most technical analysis of Tabcorp 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 Tabcorp from various momentum indicators to cycle indicators. When you analyze Tabcorp 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.
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| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | 0.2435 | |||
| Mean Deviation | 2.42 | |||
| Coefficient Of Variation | (1,813) | |||
| Standard Deviation | 4.41 | |||
| Variance | 19.46 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.86) | |||
| Treynor Ratio | 0.2335 | |||
| Maximum Drawdown | 26.53 | |||
| Value At Risk | (7.37) | |||
| Potential Upside | 7.23 | |||
| Skewness | (0.59) | |||
| Kurtosis | 3.2 |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Tabcorp Holdings information on this page should be used as a complementary analysis to other Tabcorp Holdings' 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Other Consideration for investing in Tabcorp Pink Sheet
If you are still planning to invest in Tabcorp Holdings check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Tabcorp Holdings' history and understand the potential risks before investing.
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