Vale SA (Spain) Technical Analysis
| XVALO Stock | EUR 11.50 0.07 0.61% |
As of the 20th of April, Vale SA has the Risk Adjusted Performance of (0.03), variance of 3.62, and Coefficient Of Variation of (1,774). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Vale 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 break down and interpolate data for thirteen technical drivers for Vale SA, which can be compared to its competition. Please validate Vale SA market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Vale SA is priced more or less accurately, providing market reflects its prevalent price of 11.5 per share.
Vale 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 Vale, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ValeVale |
Vale 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.
Vale SA 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 Vale SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Vale SA Trend Analysis
Use this graph to draw trend lines for Vale SA. You can use it to identify possible trend reversals for Vale 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 Vale SA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Vale SA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Vale SA applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Vale SA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 11.34, which is the sum of squared deviations for the predicted Vale SA price change compared to its average price change.About Vale 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 Vale 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 Vale SA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Vale SA price pattern first instead of the macroeconomic environment surrounding Vale SA. By analyzing Vale 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 Vale 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 Vale SA specific price patterns or momentum indicators. Please read more on our technical analysis page.
Vale SA April 20, 2024 Technical Indicators
Most technical analysis of Vale 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 Vale from various momentum indicators to cycle indicators. When you analyze Vale 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 | (0.03) | |||
| Market Risk Adjusted Performance | (0.23) | |||
| Mean Deviation | 1.39 | |||
| Coefficient Of Variation | (1,774) | |||
| Standard Deviation | 1.9 | |||
| Variance | 3.62 | |||
| Information Ratio | (0.10) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (0.24) | |||
| Maximum Drawdown | 10.33 | |||
| Value At Risk | (3.27) | |||
| Potential Upside | 2.9 | |||
| Skewness | 0.2191 | |||
| Kurtosis | 1.07 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Vale 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 persons. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Vale Stock analysis
When running Vale SA's price analysis, check to measure Vale 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 Vale SA is operating at the current time. Most of Vale SA's value examination focuses on studying past and present price action to predict the probability of Vale 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 Vale SA's price. Additionally, you may evaluate how the addition of Vale SA to your portfolios can decrease your overall portfolio volatility.
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