Roularta (Belgium) Technical Analysis
| ROU Stock | EUR 10.55 0.25 2.43% |
As of the 16th of April 2024, Roularta holds the Variance of 3.14, coefficient of variation of (529.61), and Risk Adjusted Performance of (0.11). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Roularta, 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 are able to break down and analyze data for thirteen technical drivers for Roularta, which can be compared to its competitors. Please check Roularta coefficient of variation, treynor ratio, skewness, as well as the relationship between the variance and value at risk to decide if Roularta is priced some-what accurately, providing market reflects its current price of 10.55 per share.
Roularta Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Roularta, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RoulartaRoularta |
Roularta 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.
Roularta Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Roularta volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Roularta Trend Analysis
Use this graph to draw trend lines for Roularta. You can use it to identify possible trend reversals for Roularta 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 Roularta price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Roularta Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Roularta applied against its price change over selected period. The best fit line has a slop of 0.05 , which may suggest that Roularta market price will keep on failing further. It has 122 observation points and a regression sum of squares at 78.02, which is the sum of squared deviations for the predicted Roularta price change compared to its average price change.About Roularta 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 Roularta 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 Roularta based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Roularta price pattern first instead of the macroeconomic environment surrounding Roularta. By analyzing Roularta'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 Roularta'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 Roularta specific price patterns or momentum indicators. Please read more on our technical analysis page.
Roularta April 16, 2024 Technical Indicators
Most technical analysis of Roularta 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 Roularta from various momentum indicators to cycle indicators. When you analyze Roularta 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 | (0.11) | |||
| Market Risk Adjusted Performance | 0.3691 | |||
| Mean Deviation | 1.32 | |||
| Coefficient Of Variation | (529.61) | |||
| Standard Deviation | 1.77 | |||
| Variance | 3.14 | |||
| Information Ratio | (0.22) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | 0.3591 | |||
| Maximum Drawdown | 9.3 | |||
| Value At Risk | (3.11) | |||
| Potential Upside | 2.85 | |||
| Skewness | (0.01) | |||
| Kurtosis | 0.7987 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roularta. 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 Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Roularta Stock analysis
When running Roularta's price analysis, check to measure Roularta'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 Roularta is operating at the current time. Most of Roularta's value examination focuses on studying past and present price action to predict the probability of Roularta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roularta's price. Additionally, you may evaluate how the addition of Roularta to your portfolios can decrease your overall portfolio volatility.
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