Genomma Lab (Mexico) Technical Analysis

LABB Stock  MXN 14.58  0.48  3.40%   
As of the 18th of April 2024, Genomma Lab retains the Risk Adjusted Performance of 0.0186, market risk adjusted performance of 0.2843, and Downside Deviation of 2.11. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of Genomma Lab Internacional, as well as the relationship between them. 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 interpolate nineteen technical drivers for Genomma Lab Internacional, which can be compared to its competitors. Please check out Genomma Lab Internacional jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if Genomma Lab is priced fairly, providing market reflects its last-minute price of 14.58 per share.

Genomma Lab Momentum Analysis

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

Genomma Lab Internacional Technical Analysis

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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 Genomma Lab Internacional volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Genomma Lab Internacional Trend Analysis

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

Genomma Lab Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Genomma Lab Internacional applied against its price change over selected period. The best fit line has a slop of   0.03  , which means Genomma Lab Internacional will continue generating value for investors. It has 122 observation points and a regression sum of squares at 40.64, which is the sum of squared deviations for the predicted Genomma Lab price change compared to its average price change.

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

Genomma Lab April 18, 2024 Technical Indicators

Most technical analysis of Genomma 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 Genomma from various momentum indicators to cycle indicators. When you analyze Genomma 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.

Genomma Lab April 18, 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 Genomma 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.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Genomma Lab Internacional. 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.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Complementary Tools for Genomma Stock analysis

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