Globe Life (Germany) Technical Analysis
| TMJ Stock | EUR 70.50 0.00 0.00% |
As of the 4th of May, Globe Life retains the Risk Adjusted Performance of (0.01), market risk adjusted performance of (0.17), and Standard Deviation of 8.34. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of Globe Life, as well as the relationship between them. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Globe Life, which can be compared to its competitors. Please check out Globe Life coefficient of variation, treynor ratio, skewness, as well as the relationship between the variance and value at risk to decide if Globe Life is priced fairly, providing market reflects its last-minute price of 70.5 per share.
Globe Life Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Globe, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GlobeGlobe |
Globe Life 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.
Globe Life 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 Globe Life volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Globe Life Trend Analysis
Use this graph to draw trend lines for Globe Life. You can use it to identify possible trend reversals for Globe Life 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 Globe Life price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Globe Life Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Globe Life applied against its price change over selected period. The best fit line has a slop of 0.95 , which may suggest that Globe Life market price will keep on failing further. It has 122 observation points and a regression sum of squares at 33989.74, which is the sum of squared deviations for the predicted Globe Life price change compared to its average price change.About Globe Life 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 Globe Life 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 Globe Life based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Globe Life price pattern first instead of the macroeconomic environment surrounding Globe Life. By analyzing Globe Life'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 Globe Life'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 Globe Life specific price patterns or momentum indicators. Please read more on our technical analysis page.
Globe Life May 4, 2024 Technical Indicators
Most technical analysis of Globe 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 Globe from various momentum indicators to cycle indicators. When you analyze Globe 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 | (0.01) | |||
| Market Risk Adjusted Performance | (0.17) | |||
| Mean Deviation | 3.03 | |||
| Coefficient Of Variation | (2,942) | |||
| Standard Deviation | 8.34 | |||
| Variance | 69.51 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.88) | |||
| Treynor Ratio | (0.18) | |||
| Maximum Drawdown | 56.52 | |||
| Value At Risk | (5.30) | |||
| Potential Upside | 13.46 | |||
| Skewness | (4.53) | |||
| Kurtosis | 32.68 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Globe Life. 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. For more detail on how to invest in Globe Stock please use our How to Invest in Globe Life guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Globe Stock analysis
When running Globe Life's price analysis, check to measure Globe Life'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 Globe Life is operating at the current time. Most of Globe Life's value examination focuses on studying past and present price action to predict the probability of Globe Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globe Life's price. Additionally, you may evaluate how the addition of Globe Life to your portfolios can decrease your overall portfolio volatility.
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