Mitsubishi Ufj Financial Bond Technical Analysis
| 606822BK9 | 85.21 3.42 4.18% |
As of the 18th of April 2024, MITSUBISHI secures the Mean Deviation of 0.8031, risk adjusted performance of 0.004, and Market Risk Adjusted Performance of 0.2827. In respect to fundamental indicators, the technical analysis model lets you check practical technical drivers of MITSUBISHI UFJ FINANCIAL, as well as the relationship between them. Strictly speaking, you can use this information to find out if the bond will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze thirteen technical drivers for MITSUBISHI, which can be compared to its peers in the industry. Please verify MITSUBISHI UFJ FINANCIAL mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if MITSUBISHI UFJ FINANCIAL is priced more or less accurately, providing market reflects its recent price of 85.21 per share.
MITSUBISHI Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as MITSUBISHI, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MITSUBISHIMITSUBISHI |
MITSUBISHI technical bond 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, bond market cycles, or different charting patterns.
MITSUBISHI UFJ FINANCIAL Trend Analysis
Use this graph to draw trend lines for MITSUBISHI UFJ FINANCIAL. You can use it to identify possible trend reversals for MITSUBISHI 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 MITSUBISHI price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.MITSUBISHI Best Fit Change Line
The following chart estimates an ordinary least squares regression model for MITSUBISHI UFJ FINANCIAL applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that MITSUBISHI UFJ FINANCIAL market price will keep on failing further. It has 122 observation points and a regression sum of squares at 43.6, which is the sum of squared deviations for the predicted MITSUBISHI price change compared to its average price change.About MITSUBISHI 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 MITSUBISHI UFJ FINANCIAL 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 MITSUBISHI UFJ FINANCIAL based on its technical analysis. In general, a bottom-up approach, as applied to this corporate bond, focuses on MITSUBISHI UFJ FINANCIAL price pattern first instead of the macroeconomic environment surrounding MITSUBISHI UFJ FINANCIAL. By analyzing MITSUBISHI'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 MITSUBISHI'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 MITSUBISHI specific price patterns or momentum indicators. Please read more on our technical analysis page.
MITSUBISHI April 18, 2024 Technical Indicators
Most technical analysis of MITSUBISHI 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 MITSUBISHI from various momentum indicators to cycle indicators. When you analyze MITSUBISHI 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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| Overlap Studies | ||
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| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | 0.004 | |||
| Market Risk Adjusted Performance | 0.2827 | |||
| Mean Deviation | 0.8031 | |||
| Coefficient Of Variation | (37,436) | |||
| Standard Deviation | 1.47 | |||
| Variance | 2.17 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | 0.2727 | |||
| Maximum Drawdown | 3.8 | |||
| Value At Risk | (1.53) | |||
| Potential Upside | 1.39 | |||
| Skewness | 3.16 | |||
| Kurtosis | 22.56 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in MITSUBISHI UFJ FINANCIAL. Also, note that the market value of any corporate bond could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the MITSUBISHI UFJ FINANCIAL information on this page should be used as a complementary analysis to other MITSUBISHI'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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.