Texaf SA (Belgium) Technical Analysis
| TEXF Stock | EUR 36.80 0.80 2.22% |
As of the 20th of April, Texaf SA has the Coefficient Of Variation of 895.6, semi deviation of 0.8453, and Risk Adjusted Performance of 0.0745. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Texaf SA, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Texaf SA, which can be compared to its competition. Please validate Texaf SA mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Texaf SA is priced more or less accurately, providing market reflects its prevalent price of 36.8 per share.
Texaf SA Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Texaf, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TexafTexaf |
Texaf SA 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.
Texaf SA 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 Texaf SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Texaf SA Trend Analysis
Use this graph to draw trend lines for Texaf SA. You can use it to identify possible trend reversals for Texaf SA 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 Texaf SA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Texaf SA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Texaf SA applied against its price change over selected period. The best fit line has a slop of 0.06 , which means Texaf SA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 151.59, which is the sum of squared deviations for the predicted Texaf SA price change compared to its average price change.About Texaf SA 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 Texaf SA 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 Texaf SA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Texaf SA price pattern first instead of the macroeconomic environment surrounding Texaf SA. By analyzing Texaf SA'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 Texaf SA'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 Texaf SA specific price patterns or momentum indicators. Please read more on our technical analysis page.
Texaf SA April 20, 2024 Technical Indicators
Most technical analysis of Texaf 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 Texaf from various momentum indicators to cycle indicators. When you analyze Texaf 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 | 0.0745 | |||
| Market Risk Adjusted Performance | 3.75 | |||
| Mean Deviation | 1.04 | |||
| Semi Deviation | 0.8453 | |||
| Downside Deviation | 1.37 | |||
| Coefficient Of Variation | 895.6 | |||
| Standard Deviation | 1.59 | |||
| Variance | 2.53 | |||
| Information Ratio | 0.0579 | |||
| Jensen Alpha | 0.1641 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0672 | |||
| Treynor Ratio | 3.74 | |||
| Maximum Drawdown | 9.37 | |||
| Value At Risk | (1.82) | |||
| Potential Upside | 2.41 | |||
| Downside Variance | 1.88 | |||
| Semi Variance | 0.7145 | |||
| Expected Short fall | (1.81) | |||
| Skewness | 2.01 | |||
| Kurtosis | 7.41 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Texaf SA. 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Texaf Stock analysis
When running Texaf SA's price analysis, check to measure Texaf SA'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 Texaf SA is operating at the current time. Most of Texaf SA's value examination focuses on studying past and present price action to predict the probability of Texaf SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Texaf SA's price. Additionally, you may evaluate how the addition of Texaf SA to your portfolios can decrease your overall portfolio volatility.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |