Primoris Services (Germany) Technical Analysis
1PM Stock | EUR 42.40 0.80 1.92% |
As of the 24th of April, Primoris Services holds the Risk Adjusted Performance of 0.1466, semi deviation of 1.49, and Coefficient Of Variation of 447.2. Primoris Services technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Primoris Services, which can be compared to its competitors. Please check Primoris Services mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Primoris Services is priced some-what accurately, providing market reflects its current price of 42.4 per share.
Primoris Services Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Primoris, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PrimorisPrimoris |
Primoris Services 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.
Primoris Services Technical Analysis
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 Primoris Services volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Primoris Services Trend Analysis
Use this graph to draw trend lines for Primoris Services. You can use it to identify possible trend reversals for Primoris Services 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 Primoris Services price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Primoris Services Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Primoris Services applied against its price change over selected period. The best fit line has a slop of 0.18 , which means Primoris Services will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1281.59, which is the sum of squared deviations for the predicted Primoris Services price change compared to its average price change.About Primoris Services 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 Primoris Services 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 Primoris Services based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Primoris Services price pattern first instead of the macroeconomic environment surrounding Primoris Services. By analyzing Primoris Services'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 Primoris Services'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 Primoris Services specific price patterns or momentum indicators. Please read more on our technical analysis page.
Primoris Services April 24, 2024 Technical Indicators
Most technical analysis of Primoris 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 Primoris from various momentum indicators to cycle indicators. When you analyze Primoris 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 | 0.1466 | |||
Market Risk Adjusted Performance | (1.13) | |||
Mean Deviation | 1.69 | |||
Semi Deviation | 1.49 | |||
Downside Deviation | 1.92 | |||
Coefficient Of Variation | 447.2 | |||
Standard Deviation | 2.2 | |||
Variance | 4.85 | |||
Information Ratio | 0.1803 | |||
Jensen Alpha | 0.5187 | |||
Total Risk Alpha | 0.1812 | |||
Sortino Ratio | 0.2069 | |||
Treynor Ratio | (1.14) | |||
Maximum Drawdown | 12.2 | |||
Value At Risk | (2.01) | |||
Potential Upside | 4.05 | |||
Downside Variance | 3.69 | |||
Semi Variance | 2.23 | |||
Expected Short fall | (2.35) | |||
Skewness | 0.2976 | |||
Kurtosis | 1.99 |
Primoris Services 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 Primoris 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.
Accumulation Distribution | 0.00 | ||
Daily Balance Of Power | Huge | ||
Rate Of Daily Change | 1.02 | ||
Day Median Price | 42.40 | ||
Day Typical Price | 42.40 | ||
Price Action Indicator | 0.40 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Primoris Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Primoris Stock please use our How to Invest in Primoris Services guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Primoris Stock analysis
When running Primoris Services' price analysis, check to measure Primoris Services' 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 Primoris Services is operating at the current time. Most of Primoris Services' value examination focuses on studying past and present price action to predict the probability of Primoris Services' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Primoris Services' price. Additionally, you may evaluate how the addition of Primoris Services to your portfolios can decrease your overall portfolio volatility.
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