PURETECH HEALTH (Germany) Technical Analysis
| 0VQ Stock | EUR 1.82 0.01 0.55% |
As of the 5th of January, PURETECH HEALTH holds the Risk Adjusted Performance of 0.017, semi deviation of 3.0, and Market Risk Adjusted Performance of (0.11). PURETECH HEALTH PLC technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices. Please check PURETECH HEALTH PLC standard deviation, treynor ratio, downside variance, as well as the relationship between the information ratio and value at risk to decide if PURETECH HEALTH PLC is priced favorably, providing market reflects its current price of 1.82 per share.
PURETECH HEALTH Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as PURETECH, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PURETECHPURETECH |
PURETECH HEALTH 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.
PURETECH HEALTH PLC 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 PURETECH HEALTH PLC volatility. High ATR values indicate high volatility, and low values indicate low volatility.
PURETECH HEALTH PLC Trend Analysis
Use this graph to draw trend lines for PURETECH HEALTH PLC. You can use it to identify possible trend reversals for PURETECH HEALTH 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 PURETECH HEALTH price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.PURETECH HEALTH Best Fit Change Line
The following chart estimates an ordinary least squares regression model for PURETECH HEALTH PLC applied against its price change over selected period. The best fit line has a slop of 0 , which means PURETECH HEALTH PLC will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.29, which is the sum of squared deviations for the predicted PURETECH HEALTH price change compared to its average price change.About PURETECH HEALTH 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 PURETECH HEALTH PLC 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 PURETECH HEALTH PLC based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on PURETECH HEALTH PLC price pattern first instead of the macroeconomic environment surrounding PURETECH HEALTH PLC. By analyzing PURETECH HEALTH'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 PURETECH HEALTH'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 PURETECH HEALTH specific price patterns or momentum indicators. Please read more on our technical analysis page.
PURETECH HEALTH January 5, 2025 Technical Indicators
Most technical analysis of PURETECH 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 PURETECH from various momentum indicators to cycle indicators. When you analyze PURETECH 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 | 0.017 | |||
| Market Risk Adjusted Performance | (0.11) | |||
| Mean Deviation | 2.46 | |||
| Semi Deviation | 3.0 | |||
| Downside Deviation | 3.59 | |||
| Coefficient Of Variation | 8634.63 | |||
| Standard Deviation | 3.37 | |||
| Variance | 11.36 | |||
| Information Ratio | 0.005 | |||
| Jensen Alpha | 0.0319 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0046 | |||
| Treynor Ratio | (0.12) | |||
| Maximum Drawdown | 16.53 | |||
| Value At Risk | (5.46) | |||
| Potential Upside | 5.41 | |||
| Downside Variance | 12.9 | |||
| Semi Variance | 9.03 | |||
| Expected Short fall | (2.94) | |||
| Skewness | 0.338 | |||
| Kurtosis | 0.5806 |
Complementary Tools for PURETECH Stock analysis
When running PURETECH HEALTH's price analysis, check to measure PURETECH HEALTH'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 PURETECH HEALTH is operating at the current time. Most of PURETECH HEALTH's value examination focuses on studying past and present price action to predict the probability of PURETECH HEALTH's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PURETECH HEALTH's price. Additionally, you may evaluate how the addition of PURETECH HEALTH to your portfolios can decrease your overall portfolio volatility.
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