Meiko Electronics (Germany) Technical Analysis
| MEC Stock | EUR 56.50 1.00 1.80% |
As of the 29th of December, Meiko Electronics secures the Risk Adjusted Performance of 0.157, mean deviation of 2.46, and Downside Deviation of 2.94. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Meiko Electronics, as well as the relationship between them. Please verify Meiko Electronics variance, jensen alpha, and the relationship between the standard deviation and information ratio to decide if Meiko Electronics Co is priced some-what accurately, providing market reflects its recent price of 56.5 per share.
Meiko Electronics Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Meiko, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MeikoMeiko |
Meiko Electronics 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.
Meiko Electronics Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Meiko Electronics volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Meiko Electronics Trend Analysis
Use this graph to draw trend lines for Meiko Electronics Co. You can use it to identify possible trend reversals for Meiko Electronics 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 Meiko Electronics price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Meiko Electronics Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Meiko Electronics Co applied against its price change over selected period. The best fit line has a slop of 0.48 , which means Meiko Electronics Co will continue generating value for investors. It has 122 observation points and a regression sum of squares at 8721.79, which is the sum of squared deviations for the predicted Meiko Electronics price change compared to its average price change.About Meiko Electronics 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 Meiko Electronics Co 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 Meiko Electronics Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Meiko Electronics price pattern first instead of the macroeconomic environment surrounding Meiko Electronics. By analyzing Meiko Electronics'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 Meiko Electronics'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 Meiko Electronics specific price patterns or momentum indicators. Please read more on our technical analysis page.
Meiko Electronics December 29, 2024 Technical Indicators
Most technical analysis of Meiko 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 Meiko from various momentum indicators to cycle indicators. When you analyze Meiko 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 | 0.157 | |||
| Market Risk Adjusted Performance | (1.33) | |||
| Mean Deviation | 2.46 | |||
| Semi Deviation | 2.1 | |||
| Downside Deviation | 2.94 | |||
| Coefficient Of Variation | 534.38 | |||
| Standard Deviation | 3.7 | |||
| Variance | 13.66 | |||
| Information Ratio | 0.1784 | |||
| Jensen Alpha | 0.6931 | |||
| Total Risk Alpha | 0.5788 | |||
| Sortino Ratio | 0.2246 | |||
| Treynor Ratio | (1.34) | |||
| Maximum Drawdown | 20.01 | |||
| Value At Risk | (4.27) | |||
| Potential Upside | 9.21 | |||
| Downside Variance | 8.62 | |||
| Semi Variance | 4.4 | |||
| Expected Short fall | (3.47) | |||
| Skewness | 1.52 | |||
| Kurtosis | 4.46 |
Complementary Tools for Meiko Stock analysis
When running Meiko Electronics' price analysis, check to measure Meiko Electronics' 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 Meiko Electronics is operating at the current time. Most of Meiko Electronics' value examination focuses on studying past and present price action to predict the probability of Meiko Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meiko Electronics' price. Additionally, you may evaluate how the addition of Meiko Electronics to your portfolios can decrease your overall portfolio volatility.
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |