Hermes International Sca Stock Technical Analysis

HESAF Stock  USD 2,509  12.95  0.52%   
As of the 19th of April, Hermes International retains the Market Risk Adjusted Performance of 2.42, downside deviation of 1.22, and Risk Adjusted Performance of 0.1414. Hermes International technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Hermes International SCA, which can be compared to its competitors. Please check out Hermes International SCA treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if Hermes International is priced fairly, providing market reflects its last-minute price of 2508.8 per share. Given that Hermes International SCA has jensen alpha of 0.3331, we strongly advise you to confirm Hermes International SCA's regular market performance to make sure the company can sustain itself at a future point.

Hermes International Momentum Analysis

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

Hermes International SCA 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 Hermes International SCA volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Hermes International SCA Trend Analysis

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

Hermes International Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Hermes International SCA applied against its price change over selected period. The best fit line has a slop of   7.94  , which means Hermes International SCA will continue producing value for investors. It has 122 observation points and a regression sum of squares at 2382891.4, which is the sum of squared deviations for the predicted Hermes International price change compared to its average price change.

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

Hermes International April 19, 2024 Technical Indicators

Most technical analysis of Hermes 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 Hermes from various momentum indicators to cycle indicators. When you analyze Hermes 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hermes International SCA. 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.
Note that the Hermes International SCA information on this page should be used as a complementary analysis to other Hermes International'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 Commodity Directory module to find actively traded commodities issued by global exchanges.

Complementary Tools for Hermes Pink Sheet analysis

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