Danaher (Brazil) Technical Analysis
DHER34 Stock | BRL 44.99 0.90 2.04% |
As of the 29th of March, Danaher shows the Mean Deviation of 1.42, coefficient of variation of 1641.21, and Downside Deviation of 2.77. Danaher 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 were able to analyze nineteen technical drivers for Danaher, which can be compared to its rivals. Please confirm Danaher standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if Danaher is priced favorably, providing market reflects its regular price of 44.99 per share.
Danaher Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Danaher, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DanaherDanaher |
Danaher 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.
Danaher 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 Danaher volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Danaher Trend Analysis
Use this graph to draw trend lines for Danaher. You can use it to identify possible trend reversals for Danaher 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 Danaher price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Danaher Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Danaher applied against its price change over selected period. The best fit line has a slop of 0.10 , which means Danaher will continue generating value for investors. It has 122 observation points and a regression sum of squares at 395.31, which is the sum of squared deviations for the predicted Danaher price change compared to its average price change.About Danaher 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 Danaher 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 Danaher based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Danaher price pattern first instead of the macroeconomic environment surrounding Danaher. By analyzing Danaher'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 Danaher'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 Danaher specific price patterns or momentum indicators. Please read more on our technical analysis page.
Danaher March 29, 2024 Technical Indicators
Most technical analysis of Danaher 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 Danaher from various momentum indicators to cycle indicators. When you analyze Danaher 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 | 0.0419 | |||
Market Risk Adjusted Performance | 0.398 | |||
Mean Deviation | 1.42 | |||
Semi Deviation | 2.57 | |||
Downside Deviation | 2.77 | |||
Coefficient Of Variation | 1641.21 | |||
Standard Deviation | 2.88 | |||
Variance | 8.32 | |||
Information Ratio | 0.0142 | |||
Jensen Alpha | 0.1124 | |||
Total Risk Alpha | (0.48) | |||
Sortino Ratio | 0.0148 | |||
Treynor Ratio | 0.388 | |||
Maximum Drawdown | 18.37 | |||
Value At Risk | (2.14) | |||
Potential Upside | 3.13 | |||
Downside Variance | 7.66 | |||
Semi Variance | 6.6 | |||
Expected Short fall | (1.64) | |||
Skewness | 0.3377 | |||
Kurtosis | 18.47 |
Danaher March 29, 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 Danaher 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 | 12.25 | ||
Daily Balance Of Power | 1.34 | ||
Rate Of Daily Change | 1.02 | ||
Day Median Price | 44.67 | ||
Day Typical Price | 44.77 | ||
Price Action Indicator | 0.78 | ||
Market Facilitation Index | 0.0008 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danaher. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For information on how to trade Danaher Stock refer to our How to Trade Danaher Stock guide.Note that the Danaher information on this page should be used as a complementary analysis to other Danaher'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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Danaher Stock analysis
When running Danaher's price analysis, check to measure Danaher'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 Danaher is operating at the current time. Most of Danaher's value examination focuses on studying past and present price action to predict the probability of Danaher's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danaher's price. Additionally, you may evaluate how the addition of Danaher to your portfolios can decrease your overall portfolio volatility.
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