Mincon Group (Ireland) Technical Analysis
| MIO Stock | EUR 0.49 0.02 3.92% |
As of the 18th of April 2024, Mincon Group secures the Risk Adjusted Performance of (0.05), standard deviation of 3.93, and Mean Deviation of 2.37. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mincon Group P, 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 and interpolate data for thirteen technical drivers for Mincon Group, which can be compared to its peers in the industry. Please verify Mincon Group P maximum drawdown, as well as the relationship between the potential upside and kurtosis to decide if Mincon Group P is priced some-what accurately, providing market reflects its recent price of 0.49 per share.
Mincon 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 Mincon, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MinconMincon |
Mincon Group 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.
Mincon Group P Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Mincon Group P volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Mincon Group P Trend Analysis
Use this graph to draw trend lines for Mincon Group P. You can use it to identify possible trend reversals for Mincon 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 Mincon Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Mincon Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Mincon Group P applied against its price change over selected period. The best fit line has a slop of 0.0024 , which may suggest that Mincon Group P market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.22, which is the sum of squared deviations for the predicted Mincon Group price change compared to its average price change.About Mincon 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 Mincon Group P 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 Mincon Group P based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Mincon Group P price pattern first instead of the macroeconomic environment surrounding Mincon Group P. By analyzing Mincon 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 Mincon 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 Mincon Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
Mincon Group April 18, 2024 Technical Indicators
Most technical analysis of Mincon 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 Mincon from various momentum indicators to cycle indicators. When you analyze Mincon 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 | (0.05) | |||
| Market Risk Adjusted Performance | (0.55) | |||
| Mean Deviation | 2.37 | |||
| Coefficient Of Variation | (1,121) | |||
| Standard Deviation | 3.93 | |||
| Variance | 15.45 | |||
| Information Ratio | (0.10) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.64) | |||
| Treynor Ratio | (0.56) | |||
| Maximum Drawdown | 25.45 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 5.77 | |||
| Skewness | 0.0208 | |||
| Kurtosis | 3.3 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mincon Group P. 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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Mincon Stock analysis
When running Mincon Group's price analysis, check to measure Mincon 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 Mincon Group is operating at the current time. Most of Mincon Group's value examination focuses on studying past and present price action to predict the probability of Mincon 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 Mincon Group's price. Additionally, you may evaluate how the addition of Mincon Group to your portfolios can decrease your overall portfolio volatility.
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