WESTERN NEW (Germany) Technical Analysis
| 489 Stock | EUR 8.65 0.15 1.76% |
As of the 20th of January, WESTERN NEW maintains the Market Risk Adjusted Performance of (3.16), mean deviation of 1.2, and Downside Deviation of 1.58. WESTERN NEW ENGL technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the company's future prices. Please check out WESTERN NEW ENGL standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if WESTERN NEW ENGL is priced favorably, providing market reflects its latest price of 8.65 per share.
WESTERN NEW Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as WESTERN, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WESTERNWESTERN |
WESTERN NEW 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.
WESTERN NEW ENGL Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 WESTERN NEW ENGL volatility. High ATR values indicate high volatility, and low values indicate low volatility.
WESTERN NEW ENGL Trend Analysis
Use this graph to draw trend lines for WESTERN NEW ENGL. You can use it to identify possible trend reversals for WESTERN NEW 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 WESTERN NEW price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.WESTERN NEW Best Fit Change Line
The following chart estimates an ordinary least squares regression model for WESTERN NEW ENGL applied against its price change over selected period. The best fit line has a slop of 0.02 , which means WESTERN NEW ENGL will continue generating value for investors. It has 122 observation points and a regression sum of squares at 10.65, which is the sum of squared deviations for the predicted WESTERN NEW price change compared to its average price change.About WESTERN NEW 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 WESTERN NEW ENGL 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 WESTERN NEW ENGL based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on WESTERN NEW ENGL price pattern first instead of the macroeconomic environment surrounding WESTERN NEW ENGL. By analyzing WESTERN NEW'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 WESTERN NEW'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 WESTERN NEW specific price patterns or momentum indicators. Please read more on our technical analysis page.
WESTERN NEW January 20, 2025 Technical Indicators
Most technical analysis of WESTERN 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 WESTERN from various momentum indicators to cycle indicators. When you analyze WESTERN 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 | 0.1066 | |||
| Market Risk Adjusted Performance | (3.16) | |||
| Mean Deviation | 1.2 | |||
| Semi Deviation | 1.03 | |||
| Downside Deviation | 1.58 | |||
| Coefficient Of Variation | 829.51 | |||
| Standard Deviation | 1.98 | |||
| Variance | 3.94 | |||
| Information Ratio | 0.1056 | |||
| Jensen Alpha | 0.2307 | |||
| Total Risk Alpha | 0.1825 | |||
| Sortino Ratio | 0.1324 | |||
| Treynor Ratio | (3.17) | |||
| Maximum Drawdown | 14.92 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 4.07 | |||
| Downside Variance | 2.5 | |||
| Semi Variance | 1.06 | |||
| Expected Short fall | (2.13) | |||
| Skewness | 2.35 | |||
| Kurtosis | 11.52 |
Complementary Tools for WESTERN Stock analysis
When running WESTERN NEW's price analysis, check to measure WESTERN NEW'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 WESTERN NEW is operating at the current time. Most of WESTERN NEW's value examination focuses on studying past and present price action to predict the probability of WESTERN NEW's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WESTERN NEW's price. Additionally, you may evaluate how the addition of WESTERN NEW to your portfolios can decrease your overall portfolio volatility.
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