Medartis Holding (Switzerland) Technical Analysis
MED Stock | 80.40 0.50 0.62% |
As of the 25th of April, Medartis Holding secures the Downside Deviation of 2.41, mean deviation of 1.96, and Risk Adjusted Performance of 0.0716. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Medartis Holding, as well as the relationship between them. 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 break down nineteen technical drivers for Medartis Holding, which can be compared to its peers in the industry. Please verify Medartis Holding coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if Medartis Holding AG is priced some-what accurately, providing market reflects its recent price of 80.4 per share.
Medartis Holding Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Medartis, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MedartisMedartis |
Medartis Holding 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.
Medartis Holding Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Medartis Holding volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Medartis Holding Trend Analysis
Use this graph to draw trend lines for Medartis Holding AG. You can use it to identify possible trend reversals for Medartis Holding 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 Medartis Holding price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Medartis Holding Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Medartis Holding AG applied against its price change over selected period. The best fit line has a slop of 0.17 , which means Medartis Holding AG will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1150.31, which is the sum of squared deviations for the predicted Medartis Holding price change compared to its average price change.About Medartis Holding 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 Medartis Holding 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 Medartis Holding AG based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Medartis Holding price pattern first instead of the macroeconomic environment surrounding Medartis Holding. By analyzing Medartis Holding'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 Medartis Holding'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 Medartis Holding specific price patterns or momentum indicators. Please read more on our technical analysis page.
Medartis Holding April 25, 2024 Technical Indicators
Most technical analysis of Medartis 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 Medartis from various momentum indicators to cycle indicators. When you analyze Medartis 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 | 0.0716 | |||
Market Risk Adjusted Performance | 0.5065 | |||
Mean Deviation | 1.96 | |||
Semi Deviation | 2.03 | |||
Downside Deviation | 2.41 | |||
Coefficient Of Variation | 974.61 | |||
Standard Deviation | 2.61 | |||
Variance | 6.83 | |||
Information Ratio | 0.0661 | |||
Jensen Alpha | 0.2137 | |||
Total Risk Alpha | (0.1) | |||
Sortino Ratio | 0.0717 | |||
Treynor Ratio | 0.4965 | |||
Maximum Drawdown | 15.91 | |||
Value At Risk | (3.07) | |||
Potential Upside | 4.88 | |||
Downside Variance | 5.81 | |||
Semi Variance | 4.13 | |||
Expected Short fall | (2.35) | |||
Skewness | 0.4486 | |||
Kurtosis | 1.3 |
Medartis Holding April 25, 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 Medartis 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 | 2.52 | ||
Daily Balance Of Power | (0.83) | ||
Rate Of Daily Change | 0.99 | ||
Day Median Price | 80.50 | ||
Day Typical Price | 80.47 | ||
Price Action Indicator | (0.35) | ||
Market Facilitation Index | 0 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Medartis Holding AG. 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. Note that the Medartis Holding information on this page should be used as a complementary analysis to other Medartis Holding'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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Medartis Stock analysis
When running Medartis Holding's price analysis, check to measure Medartis Holding'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 Medartis Holding is operating at the current time. Most of Medartis Holding's value examination focuses on studying past and present price action to predict the probability of Medartis Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medartis Holding's price. Additionally, you may evaluate how the addition of Medartis Holding to your portfolios can decrease your overall portfolio volatility.
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