SOFINA (Germany) Technical Analysis
8FS Stock | EUR 212.80 3.00 1.43% |
As of the 23rd of April, SOFINA has the risk adjusted performance of 0.0041, and Variance of 1.43. SOFINA technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. 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 are able to interpolate and collect thirteen technical drivers for SOFINA, which can be compared to its competition. Please validate SOFINA coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if SOFINA is priced adequately, providing market reflects its prevalent price of 212.8 per share.
SOFINA Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SOFINA, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SOFINASOFINA |
SOFINA 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.
SOFINA Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 SOFINA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
SOFINA Trend Analysis
Use this graph to draw trend lines for SOFINA. You can use it to identify possible trend reversals for SOFINA 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 SOFINA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.SOFINA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SOFINA applied against its price change over selected period. The best fit line has a slop of 0.21 , which may suggest that SOFINA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1714.38, which is the sum of squared deviations for the predicted SOFINA price change compared to its average price change.About SOFINA 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 SOFINA 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 SOFINA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on SOFINA price pattern first instead of the macroeconomic environment surrounding SOFINA. By analyzing SOFINA'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 SOFINA'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 SOFINA specific price patterns or momentum indicators. Please read more on our technical analysis page.
SOFINA April 23, 2024 Technical Indicators
Most technical analysis of SOFINA 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 SOFINA from various momentum indicators to cycle indicators. When you analyze SOFINA 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 | 0.0041 | |||
Market Risk Adjusted Performance | 0.0565 | |||
Mean Deviation | 0.9302 | |||
Coefficient Of Variation | (74,235) | |||
Standard Deviation | 1.2 | |||
Variance | 1.43 | |||
Information Ratio | (0.07) | |||
Jensen Alpha | 0.0072 | |||
Total Risk Alpha | (0.16) | |||
Treynor Ratio | 0.0465 | |||
Maximum Drawdown | 5.62 | |||
Value At Risk | (1.87) | |||
Potential Upside | 2.17 | |||
Skewness | 0.0447 | |||
Kurtosis | (0.06) |
SOFINA April 23, 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 SOFINA 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 | 1.01 | ||
Day Median Price | 212.80 | ||
Day Typical Price | 212.80 | ||
Price Action Indicator | 1.50 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SOFINA. 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. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for SOFINA Stock analysis
When running SOFINA's price analysis, check to measure SOFINA'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 SOFINA is operating at the current time. Most of SOFINA's value examination focuses on studying past and present price action to predict the probability of SOFINA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SOFINA's price. Additionally, you may evaluate how the addition of SOFINA to your portfolios can decrease your overall portfolio volatility.
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