Banca Mediolanum Spa Stock Technical Analysis

BNCDY Stock  USD 21.71  0.00  0.00%   
As of the 17th of April 2024, Banca Mediolanum shows the Risk Adjusted Performance of 0.0743, mean deviation of 0.8515, and Downside Deviation of 3.54. Banca Mediolanum SPA 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 break down nineteen technical drivers for Banca Mediolanum SPA, which can be compared to its peers. Please confirm Banca Mediolanum SPA coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Banca Mediolanum SPA is priced correctly, providing market reflects its regular price of 21.71 per share. Given that Banca Mediolanum has jensen alpha of 0.199, we suggest you to validate Banca Mediolanum SPA's prevailing market performance to make sure the company can sustain itself at a future point.

Banca Mediolanum Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Banca, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Banca
  
Banca Mediolanum'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.
Banca Mediolanum technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Banca Mediolanum technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Banca Mediolanum 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...

Banca Mediolanum SPA Technical Analysis

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The output start index for this execution was thirteen with a total number of output elements of fourty-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 Banca Mediolanum SPA volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Banca Mediolanum SPA Trend Analysis

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

Banca Mediolanum Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Banca Mediolanum SPA applied against its price change over selected period. The best fit line has a slop of   0.04  , which means Banca Mediolanum SPA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 55.82, which is the sum of squared deviations for the predicted Banca Mediolanum price change compared to its average price change.

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

Banca Mediolanum April 17, 2024 Technical Indicators

Most technical analysis of Banca 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 Banca from various momentum indicators to cycle indicators. When you analyze Banca 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 Banca Mediolanum SPA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Banca Mediolanum SPA information on this page should be used as a complementary analysis to other Banca Mediolanum's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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