Torm Plc Class Stock Technical Analysis
| TRMD Stock | USD 32.17 0.89 2.69% |
As of the 19th of April, Torm PLC has the Semi Deviation of 1.66, coefficient of variation of 2574.41, and Risk Adjusted Performance of 0.0305. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Torm PLC Class, 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 collected data for nineteen technical drivers for Torm PLC Class, which can be compared to its competition. Please validate Torm PLC Class information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if Torm PLC is priced more or less accurately, providing market reflects its prevalent price of 32.17 per share. Given that Torm PLC Class has jensen alpha of 0.0485, we advise you to double-check Torm PLC Class's current market performance to make sure the company can sustain itself at a future point.
Torm PLC Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Torm, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TormTorm |
Torm PLC Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 34.13 | Strong Buy | 1 | Odds |
Most Torm 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 Torm stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Torm PLC Class, talking to its executives and customers, or listening to Torm conference calls.
Torm PLC 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.
Torm PLC Class 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 Torm PLC Class volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Torm PLC Class Trend Analysis
Use this graph to draw trend lines for Torm PLC Class. You can use it to identify possible trend reversals for Torm PLC 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 Torm PLC price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Torm PLC Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Torm PLC Class applied against its price change over selected period. The best fit line has a slop of 0.0033 , which may suggest that Torm PLC Class market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.41, which is the sum of squared deviations for the predicted Torm PLC price change compared to its average price change.About Torm PLC 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 Torm PLC Class 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 Torm PLC Class based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Torm PLC Class price pattern first instead of the macroeconomic environment surrounding Torm PLC Class. By analyzing Torm PLC'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 Torm PLC'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 Torm PLC specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2024 (projected) | Dividend Yield | 0.0703 | 0.18 | Price To Sales Ratio | 1.0 | 1.72 |
Torm PLC April 19, 2024 Technical Indicators
Most technical analysis of Torm 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 Torm from various momentum indicators to cycle indicators. When you analyze Torm 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 | 0.0305 | |||
| Market Risk Adjusted Performance | 0.3501 | |||
| Mean Deviation | 1.46 | |||
| Semi Deviation | 1.66 | |||
| Downside Deviation | 1.74 | |||
| Coefficient Of Variation | 2574.41 | |||
| Standard Deviation | 1.76 | |||
| Variance | 3.11 | |||
| Information Ratio | (0.000032) | |||
| Jensen Alpha | 0.0485 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.000033) | |||
| Treynor Ratio | 0.3401 | |||
| Maximum Drawdown | 7.54 | |||
| Value At Risk | (2.86) | |||
| Potential Upside | 2.99 | |||
| Downside Variance | 3.01 | |||
| Semi Variance | 2.76 | |||
| Expected Short fall | (1.53) | |||
| Skewness | 0.0238 | |||
| Kurtosis | (0.67) |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Torm PLC Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Torm Stock analysis
When running Torm PLC's price analysis, check to measure Torm PLC'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 Torm PLC is operating at the current time. Most of Torm PLC's value examination focuses on studying past and present price action to predict the probability of Torm PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Torm PLC's price. Additionally, you may evaluate how the addition of Torm PLC to your portfolios can decrease your overall portfolio volatility.
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Is Torm PLC'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 Torm PLC. If investors know Torm 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 Torm PLC 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 (0.22) | Dividend Share 5.78 | Earnings Share 7.48 | Revenue Per Share 18.187 | Quarterly Revenue Growth (0.13) |
The market value of Torm PLC Class is measured differently than its book value, which is the value of Torm that is recorded on the company's balance sheet. Investors also form their own opinion of Torm PLC's value that differs from its market value or its book value, called intrinsic value, which is Torm PLC'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 Torm PLC's market value can be influenced by many factors that don't directly affect Torm PLC'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 Torm PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Torm PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Torm PLC'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.