MakeMyTrip (Germany) Technical Analysis
| MY1 Stock | EUR 113.25 2.20 1.98% |
As of the 19th of December, MakeMyTrip secures the Risk Adjusted Performance of 0.0853, downside deviation of 2.87, and Mean Deviation of 2.56. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of MakeMyTrip Limited, as well as the relationship between them. Please verify MakeMyTrip Limited standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if MakeMyTrip Limited is priced some-what accurately, providing market reflects its recent price of 113.25 per share.
MakeMyTrip Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as MakeMyTrip, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MakeMyTripMakeMyTrip |
MakeMyTrip 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.
MakeMyTrip Limited 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 MakeMyTrip Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility.
MakeMyTrip Limited Trend Analysis
Use this graph to draw trend lines for MakeMyTrip Limited. You can use it to identify possible trend reversals for MakeMyTrip 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 MakeMyTrip price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.MakeMyTrip Best Fit Change Line
The following chart estimates an ordinary least squares regression model for MakeMyTrip Limited applied against its price change over selected period. The best fit line has a slop of 0.50 , which means MakeMyTrip Limited will continue generating value for investors. It has 122 observation points and a regression sum of squares at 9313.97, which is the sum of squared deviations for the predicted MakeMyTrip price change compared to its average price change.About MakeMyTrip 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 MakeMyTrip Limited 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 MakeMyTrip Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on MakeMyTrip Limited price pattern first instead of the macroeconomic environment surrounding MakeMyTrip Limited. By analyzing MakeMyTrip'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 MakeMyTrip'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 MakeMyTrip specific price patterns or momentum indicators. Please read more on our technical analysis page.
MakeMyTrip December 19, 2024 Technical Indicators
Most technical analysis of MakeMyTrip 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 MakeMyTrip from various momentum indicators to cycle indicators. When you analyze MakeMyTrip 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 | 0.0853 | |||
| Market Risk Adjusted Performance | 1.01 | |||
| Mean Deviation | 2.56 | |||
| Semi Deviation | 2.61 | |||
| Downside Deviation | 2.87 | |||
| Coefficient Of Variation | 1024.12 | |||
| Standard Deviation | 3.45 | |||
| Variance | 11.88 | |||
| Information Ratio | 0.0892 | |||
| Jensen Alpha | 0.3204 | |||
| Total Risk Alpha | 0.2437 | |||
| Sortino Ratio | 0.107 | |||
| Treynor Ratio | 1.0 | |||
| Maximum Drawdown | 17.86 | |||
| Value At Risk | (3.16) | |||
| Potential Upside | 6.62 | |||
| Downside Variance | 8.25 | |||
| Semi Variance | 6.82 | |||
| Expected Short fall | (3.03) | |||
| Skewness | 0.496 | |||
| Kurtosis | 1.53 |
Complementary Tools for MakeMyTrip Stock analysis
When running MakeMyTrip's price analysis, check to measure MakeMyTrip'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 MakeMyTrip is operating at the current time. Most of MakeMyTrip's value examination focuses on studying past and present price action to predict the probability of MakeMyTrip's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MakeMyTrip's price. Additionally, you may evaluate how the addition of MakeMyTrip to your portfolios can decrease your overall portfolio volatility.
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