Johnson Johnson (Mexico) Technical Analysis
JNJ Stock | MXN 2,607 13.13 0.50% |
As of the 28th of March, Johnson Johnson retains the Standard Deviation of 0.8498, risk adjusted performance of (0.01), and Market Risk Adjusted Performance of (1.16). Johnson Johnson 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 are able to break down thirteen technical drivers for Johnson Johnson, which can be compared to its competitors. Please check out Johnson Johnson treynor ratio, and the relationship between the variance and value at risk to decide if Johnson Johnson is priced fairly, providing market reflects its last-minute price of 2606.85 per share.
Johnson Johnson Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Johnson, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to JohnsonJohnson |
Johnson Johnson 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.
Johnson Johnson 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 Johnson Johnson volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Johnson Johnson Trend Analysis
Use this graph to draw trend lines for Johnson Johnson. You can use it to identify possible trend reversals for Johnson Johnson 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 Johnson Johnson price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Johnson Johnson Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Johnson Johnson applied against its price change over selected period. The best fit line has a slop of 1.57 , which may suggest that Johnson Johnson market price will keep on failing further. It has 122 observation points and a regression sum of squares at 92941.07, which is the sum of squared deviations for the predicted Johnson Johnson price change compared to its average price change.About Johnson Johnson 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 Johnson Johnson 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 Johnson Johnson based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Johnson Johnson price pattern first instead of the macroeconomic environment surrounding Johnson Johnson. By analyzing Johnson Johnson'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 Johnson Johnson'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 Johnson Johnson specific price patterns or momentum indicators. Please read more on our technical analysis page.
Johnson Johnson March 28, 2024 Technical Indicators
Most technical analysis of Johnson 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 Johnson from various momentum indicators to cycle indicators. When you analyze Johnson 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 | (0.01) | |||
Market Risk Adjusted Performance | (1.16) | |||
Mean Deviation | 0.5345 | |||
Coefficient Of Variation | (5,256) | |||
Standard Deviation | 0.8498 | |||
Variance | 0.7222 | |||
Information Ratio | (0.18) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.22) | |||
Treynor Ratio | (1.17) | |||
Maximum Drawdown | 5.08 | |||
Value At Risk | (1.50) | |||
Potential Upside | 1.33 | |||
Skewness | 0.3968 | |||
Kurtosis | 2.42 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Johnson Johnson. 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. For more information on how to buy Johnson Stock please use our How to Invest in Johnson Johnson guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Johnson Stock analysis
When running Johnson Johnson's price analysis, check to measure Johnson Johnson'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 Johnson Johnson is operating at the current time. Most of Johnson Johnson's value examination focuses on studying past and present price action to predict the probability of Johnson Johnson's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Johnson Johnson's price. Additionally, you may evaluate how the addition of Johnson Johnson to your portfolios can decrease your overall portfolio volatility.
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