Roche Holding Ltd Stock Technical Analysis

RHHBY Stock  USD 30.05  0.03  0.1%   
As of the 19th of April, Roche Holding holds the Coefficient Of Variation of (593.75), variance of 1.63, and Risk Adjusted Performance of (0.1). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Roche Holding, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We have analyzed thirteen technical drivers for Roche Holding, which can be compared to its competitors. Please check Roche Holding mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and kurtosis to decide if Roche Holding is priced some-what accurately, providing market reflects its current price of 30.05 per share. Given that Roche Holding has information ratio of (0.22), we recommend you to check out Roche Holding's recent market performance to make sure the company can sustain itself at a future point.

Roche Holding Momentum Analysis

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

Roche Holding Technical Analysis

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The output start index for this execution was fifty with a total number of output elements of eleven. 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 Roche Holding volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Roche Holding Trend Analysis

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

Roche Holding Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Roche Holding Ltd applied against its price change over selected period. The best fit line has a slop of   0.04  , which may suggest that Roche Holding Ltd market price will keep on failing further. It has 122 observation points and a regression sum of squares at 50.5, which is the sum of squared deviations for the predicted Roche Holding price change compared to its average price change.

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

Roche Holding April 19, 2024 Technical Indicators

Most technical analysis of Roche 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 Roche from various momentum indicators to cycle indicators. When you analyze Roche 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roche Holding Ltd. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Roche Holding information on this page should be used as a complementary analysis to other Roche Holding'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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Complementary Tools for Roche OTC Stock analysis

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