DNXcorp (France) Technical Analysis
ALDNX Stock | EUR 21.00 0.80 3.96% |
As of the 28th of March, DNXcorp shows the Downside Deviation of 3.14, mean deviation of 1.77, and Market Risk Adjusted Performance of (0.35). DNXcorp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyzed and interpolated nineteen technical drivers for DNXcorp, which can be compared to its rivals. Please confirm DNXcorp information ratio and downside variance to decide if DNXcorp is priced fairly, providing market reflects its regular price of 21.0 per share.
DNXcorp Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as DNXcorp, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DNXcorpDNXcorp |
DNXcorp 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.
DNXcorp 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 DNXcorp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
DNXcorp Trend Analysis
Use this graph to draw trend lines for DNXcorp. You can use it to identify possible trend reversals for DNXcorp 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 DNXcorp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.DNXcorp Best Fit Change Line
The following chart estimates an ordinary least squares regression model for DNXcorp applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that DNXcorp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 5.81, which is the sum of squared deviations for the predicted DNXcorp price change compared to its average price change.About DNXcorp 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 DNXcorp 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 DNXcorp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on DNXcorp price pattern first instead of the macroeconomic environment surrounding DNXcorp. By analyzing DNXcorp'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 DNXcorp'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 DNXcorp specific price patterns or momentum indicators. Please read more on our technical analysis page.
DNXcorp March 28, 2024 Technical Indicators
Most technical analysis of DNXcorp 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 DNXcorp from various momentum indicators to cycle indicators. When you analyze DNXcorp 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 | 0.0212 | |||
Market Risk Adjusted Performance | (0.35) | |||
Mean Deviation | 1.77 | |||
Semi Deviation | 2.31 | |||
Downside Deviation | 3.14 | |||
Coefficient Of Variation | 4160.16 | |||
Standard Deviation | 2.56 | |||
Variance | 6.57 | |||
Information Ratio | (0.03) | |||
Jensen Alpha | 0.0693 | |||
Total Risk Alpha | (0.52) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | (0.36) | |||
Maximum Drawdown | 14.84 | |||
Value At Risk | (4.63) | |||
Potential Upside | 3.96 | |||
Downside Variance | 9.84 | |||
Semi Variance | 5.35 | |||
Expected Short fall | (2.39) | |||
Skewness | (0.18) | |||
Kurtosis | 1.73 |
DNXcorp March 28, 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 DNXcorp 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 | 18.43 | ||
Daily Balance Of Power | 1.33 | ||
Rate Of Daily Change | 1.04 | ||
Day Median Price | 20.70 | ||
Day Typical Price | 20.80 | ||
Price Action Indicator | 0.70 | ||
Market Facilitation Index | 0.0009 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in DNXcorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for DNXcorp Stock analysis
When running DNXcorp's price analysis, check to measure DNXcorp'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 DNXcorp is operating at the current time. Most of DNXcorp's value examination focuses on studying past and present price action to predict the probability of DNXcorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DNXcorp's price. Additionally, you may evaluate how the addition of DNXcorp to your portfolios can decrease your overall portfolio volatility.
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