Knorr Bremse Aktiengesellschaft Stock Technical Analysis

KNRRY Stock  USD 18.19  0.10  0.55%   
As of the 19th of April, Knorr Bremse secures the Mean Deviation of 1.16, risk adjusted performance of 0.1021, and Downside Deviation of 1.45. Knorr Bremse Aktiengesellschaft technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Knorr Bremse, which can be compared to its peers in the industry. Please verify Knorr Bremse Aktieng standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Knorr Bremse Aktiengesellschaft is priced some-what accurately, providing market reflects its recent price of 18.19 per share. Given that Knorr Bremse Aktieng has jensen alpha of 0.1704, we recommend you to check Knorr Bremse's last-minute market performance to make sure the company can sustain itself at a future point.

Knorr Bremse Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Knorr, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Knorr
  
Knorr Bremse's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Knorr Bremse technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Knorr Bremse technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Knorr Bremse trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Knorr Bremse Aktieng Technical Analysis

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The output start index for this execution was fifty with a total number of output elements of eleven. 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 Knorr Bremse Aktieng volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Knorr Bremse Aktieng Trend Analysis

Use this graph to draw trend lines for Knorr Bremse Aktiengesellschaft. You can use it to identify possible trend reversals for Knorr Bremse 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 Knorr Bremse price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Knorr Bremse Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Knorr Bremse Aktiengesellschaft applied against its price change over selected period. The best fit line has a slop of   0.07  , which means Knorr Bremse Aktiengesellschaft will continue generating value for investors. It has 122 observation points and a regression sum of squares at 191.57, which is the sum of squared deviations for the predicted Knorr Bremse price change compared to its average price change.

About Knorr Bremse 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 Knorr Bremse Aktiengesellschaft 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 Knorr Bremse Aktiengesellschaft based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Knorr Bremse Aktieng price pattern first instead of the macroeconomic environment surrounding Knorr Bremse Aktieng. By analyzing Knorr Bremse'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 Knorr Bremse'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 Knorr Bremse specific price patterns or momentum indicators. Please read more on our technical analysis page.

Knorr Bremse April 19, 2024 Technical Indicators

Most technical analysis of Knorr 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 Knorr from various momentum indicators to cycle indicators. When you analyze Knorr 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.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Knorr Bremse Aktiengesellschaft. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running Knorr Bremse's price analysis, check to measure Knorr Bremse'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 Knorr Bremse is operating at the current time. Most of Knorr Bremse's value examination focuses on studying past and present price action to predict the probability of Knorr Bremse's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Knorr Bremse's price. Additionally, you may evaluate how the addition of Knorr Bremse to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Knorr Bremse's value and its price as these two are different measures arrived at by different means. Investors typically determine if Knorr Bremse is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Knorr Bremse's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.