Zumtobel Group Ag Stock Technical Analysis
| ZMTBY Stock | USD 3.27 0.01 0.30% |
As of the 18th of April 2024, Zumtobel Group maintains the Standard Deviation of 0.5831, mean deviation of 0.1695, and Market Risk Adjusted Performance of (1.52). Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Zumtobel Group AG, 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 have analyzed eleven technical drivers for Zumtobel Group AG, which can be compared to its peers. Please check out Zumtobel Group AG market risk adjusted performance and treynor ratio to decide if Zumtobel Group AG is priced fairly, providing market reflects its latest price of 3.27 per share. Given that Zumtobel Group AG has variance of 0.34, we strongly advise you to confirm Zumtobel Group AG's prevalent market performance to make sure the company can sustain itself at a future point.
Zumtobel Group Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Zumtobel, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ZumtobelZumtobel |
Zumtobel Group 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.
Zumtobel Group AG Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Zumtobel Group AG volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Zumtobel Group AG Trend Analysis
Use this graph to draw trend lines for Zumtobel Group AG. You can use it to identify possible trend reversals for Zumtobel Group 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 Zumtobel Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Zumtobel Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Zumtobel Group AG applied against its price change over selected period. The best fit line has a slop of 0 , which means Zumtobel Group AG will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.46, which is the sum of squared deviations for the predicted Zumtobel Group price change compared to its average price change.About Zumtobel Group 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 Zumtobel Group AG 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 Zumtobel Group AG based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Zumtobel Group AG price pattern first instead of the macroeconomic environment surrounding Zumtobel Group AG. By analyzing Zumtobel Group'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 Zumtobel Group'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 Zumtobel Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
Zumtobel Group April 18, 2024 Technical Indicators
Most technical analysis of Zumtobel 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 Zumtobel from various momentum indicators to cycle indicators. When you analyze Zumtobel 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0899 | |||
| Market Risk Adjusted Performance | (1.52) | |||
| Mean Deviation | 0.1695 | |||
| Coefficient Of Variation | 694.99 | |||
| Standard Deviation | 0.5831 | |||
| Variance | 0.34 | |||
| Information Ratio | 0.0487 | |||
| Jensen Alpha | 0.0761 | |||
| Total Risk Alpha | 0.0318 | |||
| Treynor Ratio | (1.53) | |||
| Maximum Drawdown | 4.81 | |||
| Skewness | 7.5 | |||
| Kurtosis | 57.55 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zumtobel Group AG. 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 Zumtobel Group AG information on this page should be used as a complementary analysis to other Zumtobel Group'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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Zumtobel OTC Stock analysis
When running Zumtobel Group's price analysis, check to measure Zumtobel Group'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 Zumtobel Group is operating at the current time. Most of Zumtobel Group's value examination focuses on studying past and present price action to predict the probability of Zumtobel Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zumtobel Group's price. Additionally, you may evaluate how the addition of Zumtobel Group to your portfolios can decrease your overall portfolio volatility.
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