Witbe Net (France) Technical Analysis
| ALWIT Stock | EUR 4.06 0.06 1.50% |
As of the 20th of April, Witbe Net maintains the Mean Deviation of 2.06, standard deviation of 3.31, and Market Risk Adjusted Performance of 0.3059. Witbe Net SA technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the company's future prices. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for Witbe Net SA, which can be compared to its peers. Please check out Witbe Net SA market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Witbe Net SA is priced fairly, providing market reflects its latest price of 4.06 per share.
Witbe Net Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Witbe, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WitbeWitbe |
Witbe Net 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.
Witbe Net SA Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Witbe Net SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Witbe Net SA Trend Analysis
Use this graph to draw trend lines for Witbe Net SA. You can use it to identify possible trend reversals for Witbe Net 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 Witbe Net price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Witbe Net Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Witbe Net SA applied against its price change over selected period. The best fit line has a slop of 0 , which means Witbe Net SA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.33, which is the sum of squared deviations for the predicted Witbe Net price change compared to its average price change.About Witbe Net 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 Witbe Net SA 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 Witbe Net SA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Witbe Net SA price pattern first instead of the macroeconomic environment surrounding Witbe Net SA. By analyzing Witbe Net'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 Witbe Net'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 Witbe Net specific price patterns or momentum indicators. Please read more on our technical analysis page.
Witbe Net April 20, 2024 Technical Indicators
Most technical analysis of Witbe 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 Witbe from various momentum indicators to cycle indicators. When you analyze Witbe 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 | (0.06) | |||
| Market Risk Adjusted Performance | 0.3059 | |||
| Mean Deviation | 2.06 | |||
| Coefficient Of Variation | (881.47) | |||
| Standard Deviation | 3.31 | |||
| Variance | 10.98 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.79) | |||
| Treynor Ratio | 0.2959 | |||
| Maximum Drawdown | 17.59 | |||
| Value At Risk | (5.19) | |||
| Potential Upside | 3.13 | |||
| Skewness | (0.59) | |||
| Kurtosis | 7.72 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Witbe Net SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for Witbe Stock analysis
When running Witbe Net's price analysis, check to measure Witbe Net'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 Witbe Net is operating at the current time. Most of Witbe Net's value examination focuses on studying past and present price action to predict the probability of Witbe Net's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Witbe Net's price. Additionally, you may evaluate how the addition of Witbe Net to your portfolios can decrease your overall portfolio volatility.
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