ENCE Energa (Spain) Technical Analysis
ENC Stock | EUR 3.19 0.03 0.93% |
As of the 28th of March, ENCE Energa owns the Downside Deviation of 1.45, market risk adjusted performance of 3.19, and Coefficient Of Variation of 1133.26. ENCE Energa Y technical analysis allows you to utilize past data patterns in order to determine a pattern that computes the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to break down nineteen technical drivers for ENCE Energa, which can be compared to its peers in the sector. Please confirm ENCE Energa Y variance, maximum drawdown, and the relationship between the coefficient of variation and jensen alpha to decide if ENCE Energa Y is priced favorably, providing market reflects its prevailing price of 3.19 per share.
ENCE Energa Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ENCE, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ENCEENCE |
ENCE Energa 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.
ENCE Energa Y 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 ENCE Energa Y volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ENCE Energa Y Trend Analysis
Use this graph to draw trend lines for ENCE Energa Y. You can use it to identify possible trend reversals for ENCE Energa 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 ENCE Energa price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ENCE Energa Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ENCE Energa Y applied against its price change over selected period. The best fit line has a slop of 0 , which means ENCE Energa Y will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.5, which is the sum of squared deviations for the predicted ENCE Energa price change compared to its average price change.About ENCE Energa 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 ENCE Energa Y 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 ENCE Energa Y based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ENCE Energa Y price pattern first instead of the macroeconomic environment surrounding ENCE Energa Y. By analyzing ENCE Energa'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 ENCE Energa'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 ENCE Energa specific price patterns or momentum indicators. Please read more on our technical analysis page.
ENCE Energa March 28, 2024 Technical Indicators
Most technical analysis of ENCE 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 ENCE from various momentum indicators to cycle indicators. When you analyze ENCE 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 | 0.0557 | |||
Market Risk Adjusted Performance | 3.19 | |||
Mean Deviation | 1.29 | |||
Semi Deviation | 1.27 | |||
Downside Deviation | 1.45 | |||
Coefficient Of Variation | 1133.26 | |||
Standard Deviation | 1.68 | |||
Variance | 2.81 | |||
Information Ratio | 0.0081 | |||
Jensen Alpha | 0.1324 | |||
Total Risk Alpha | (0.24) | |||
Sortino Ratio | 0.0093 | |||
Treynor Ratio | 3.18 | |||
Maximum Drawdown | 8.03 | |||
Value At Risk | (2.03) | |||
Potential Upside | 3.5 | |||
Downside Variance | 2.11 | |||
Semi Variance | 1.6 | |||
Expected Short fall | (1.62) | |||
Skewness | 0.5312 | |||
Kurtosis | 0.1535 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ENCE Energa Y. 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. Note that the ENCE Energa Y information on this page should be used as a complementary analysis to other ENCE Energa'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 AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for ENCE Stock analysis
When running ENCE Energa's price analysis, check to measure ENCE Energa'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 ENCE Energa is operating at the current time. Most of ENCE Energa's value examination focuses on studying past and present price action to predict the probability of ENCE Energa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ENCE Energa's price. Additionally, you may evaluate how the addition of ENCE Energa to your portfolios can decrease your overall portfolio volatility.
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