Aperam SA (Netherlands) Technical Analysis

APAM Stock  EUR 28.97  0.18  0.62%   
As of the 28th of March, Aperam SA shows the mean deviation of 1.36, and Risk Adjusted Performance of (0.04). Aperam SA technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates 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 were able to interpolate thirteen technical drivers for Aperam SA, which can be compared to its rivals. Please confirm Aperam SA mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Aperam SA is priced correctly, providing market reflects its regular price of 28.97 per share.

Aperam SA Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Aperam, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Aperam
  
Aperam SA's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Aperam SA 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.
A focus of Aperam SA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Aperam SA trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Aperam SA Technical Analysis

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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 Aperam SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Aperam SA Trend Analysis

Use this graph to draw trend lines for Aperam SA. You can use it to identify possible trend reversals for Aperam SA 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 Aperam SA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Aperam SA Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Aperam SA applied against its price change over selected period. The best fit line has a slop of   0.02  , which may suggest that Aperam SA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 22.21, which is the sum of squared deviations for the predicted Aperam SA price change compared to its average price change.

About Aperam SA 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 Aperam 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 Aperam SA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Aperam SA price pattern first instead of the macroeconomic environment surrounding Aperam SA. By analyzing Aperam SA'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 Aperam SA'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 Aperam SA specific price patterns or momentum indicators. Please read more on our technical analysis page.

Aperam SA March 28, 2024 Technical Indicators

Most technical analysis of Aperam 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 Aperam from various momentum indicators to cycle indicators. When you analyze Aperam 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aperam 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 board of governors.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Aperam Stock analysis

When running Aperam SA's price analysis, check to measure Aperam SA'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 Aperam SA is operating at the current time. Most of Aperam SA's value examination focuses on studying past and present price action to predict the probability of Aperam SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aperam SA's price. Additionally, you may evaluate how the addition of Aperam SA to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Aperam SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aperam SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aperam SA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.