Lamar Advertising (Germany) Technical Analysis
6LA Stock | EUR 117.00 2.60 2.17% |
As of the 21st of December, Lamar Advertising secures the Mean Deviation of 0.7819, standard deviation of 1.24, and Risk Adjusted Performance of 0.0022. Lamar Advertising technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Please verify Lamar Advertising standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if Lamar Advertising is priced some-what accurately, providing market reflects its recent price of 117.0 per share.
Lamar Advertising Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Lamar, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to LamarLamar |
Lamar Advertising 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.
Lamar Advertising Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 Lamar Advertising volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Lamar Advertising Trend Analysis
Use this graph to draw trend lines for Lamar Advertising. You can use it to identify possible trend reversals for Lamar Advertising 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 Lamar Advertising price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Lamar Advertising Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Lamar Advertising applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Lamar Advertising will continue generating value for investors. It has 122 observation points and a regression sum of squares at 8.18, which is the sum of squared deviations for the predicted Lamar Advertising price change compared to its average price change.About Lamar Advertising 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 Lamar Advertising 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 Lamar Advertising based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Lamar Advertising price pattern first instead of the macroeconomic environment surrounding Lamar Advertising. By analyzing Lamar Advertising'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 Lamar Advertising'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 Lamar Advertising specific price patterns or momentum indicators. Please read more on our technical analysis page.
Lamar Advertising December 21, 2024 Technical Indicators
Most technical analysis of Lamar 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 Lamar from various momentum indicators to cycle indicators. When you analyze Lamar 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 | 0.0022 | |||
Market Risk Adjusted Performance | (0.01) | |||
Mean Deviation | 0.7819 | |||
Coefficient Of Variation | (57,398) | |||
Standard Deviation | 1.24 | |||
Variance | 1.54 | |||
Information Ratio | (0.03) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.05) | |||
Treynor Ratio | (0.02) | |||
Maximum Drawdown | 8.16 | |||
Value At Risk | (1.66) | |||
Potential Upside | 1.67 | |||
Skewness | (0.67) | |||
Kurtosis | 3.86 |
Complementary Tools for Lamar Stock analysis
When running Lamar Advertising's price analysis, check to measure Lamar Advertising'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 Lamar Advertising is operating at the current time. Most of Lamar Advertising's value examination focuses on studying past and present price action to predict the probability of Lamar Advertising's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lamar Advertising's price. Additionally, you may evaluate how the addition of Lamar Advertising to your portfolios can decrease your overall portfolio volatility.
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