Wavestone (France) Technical Analysis
WAVE Stock | EUR 54.40 1.50 2.68% |
As of the 28th of March, Wavestone maintains the Standard Deviation of 1.83, mean deviation of 1.35, and Market Risk Adjusted Performance of (0.22). Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Wavestone SA, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Wavestone SA, which can be compared to its rivals. Please check out Wavestone SA coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Wavestone SA is priced fairly, providing market reflects its latest price of 54.4 per share.
Wavestone Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Wavestone, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WavestoneWavestone |
Wavestone 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.
Wavestone SA Technical Analysis
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 Wavestone SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Wavestone SA Trend Analysis
Use this graph to draw trend lines for Wavestone SA. You can use it to identify possible trend reversals for Wavestone 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 Wavestone price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Wavestone Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Wavestone SA applied against its price change over selected period. The best fit line has a slop of 0.09 , which may suggest that Wavestone SA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 274.56, which is the sum of squared deviations for the predicted Wavestone price change compared to its average price change.About Wavestone 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 Wavestone 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 Wavestone SA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Wavestone SA price pattern first instead of the macroeconomic environment surrounding Wavestone SA. By analyzing Wavestone'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 Wavestone'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 Wavestone specific price patterns or momentum indicators. Please read more on our technical analysis page.
Wavestone March 28, 2024 Technical Indicators
Most technical analysis of Wavestone 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 Wavestone from various momentum indicators to cycle indicators. When you analyze Wavestone 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 | 0.0055 | |||
Market Risk Adjusted Performance | (0.22) | |||
Mean Deviation | 1.35 | |||
Coefficient Of Variation | (37,792) | |||
Standard Deviation | 1.83 | |||
Variance | 3.36 | |||
Information Ratio | (0.08) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.42) | |||
Treynor Ratio | (0.23) | |||
Maximum Drawdown | 9.97 | |||
Value At Risk | (3.02) | |||
Potential Upside | 2.97 | |||
Skewness | (0.70) | |||
Kurtosis | 1.93 |
Wavestone March 28, 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 Wavestone 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.
Accumulation Distribution | 258.10 | ||
Daily Balance Of Power | (1.07) | ||
Rate Of Daily Change | 0.97 | ||
Day Median Price | 55.10 | ||
Day Typical Price | 54.87 | ||
Price Action Indicator | (1.45) | ||
Market Facilitation Index | 0.0001 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wavestone 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Wavestone Stock analysis
When running Wavestone's price analysis, check to measure Wavestone'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 Wavestone is operating at the current time. Most of Wavestone's value examination focuses on studying past and present price action to predict the probability of Wavestone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wavestone's price. Additionally, you may evaluate how the addition of Wavestone to your portfolios can decrease your overall portfolio volatility.
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |