MEITUAN UNSPADR/2B (Germany) Technical Analysis
9MDA Stock | EUR 40.80 0.40 0.97% |
As of the 30th of November, MEITUAN UNSPADR/2B secures the risk adjusted performance of 0.1189, and Mean Deviation of 3.29. MEITUAN UNSPADR2B 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 MEITUAN UNSPADR/2B coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if MEITUAN UNSPADR2B is priced fairly, providing market reflects its recent price of 40.8 per share.
MEITUAN UNSPADR/2B Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as MEITUAN, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MEITUANMEITUAN |
MEITUAN UNSPADR/2B 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.
MEITUAN UNSPADR/2B Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-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 MEITUAN UNSPADR/2B volatility. High ATR values indicate high volatility, and low values indicate low volatility.
MEITUAN UNSPADR/2B Trend Analysis
Use this graph to draw trend lines for MEITUAN UNSPADR2B. You can use it to identify possible trend reversals for MEITUAN UNSPADR/2B 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 MEITUAN UNSPADR/2B price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.MEITUAN UNSPADR/2B Best Fit Change Line
The following chart estimates an ordinary least squares regression model for MEITUAN UNSPADR2B applied against its price change over selected period. The best fit line has a slop of 0.21 , which means MEITUAN UNSPADR2B will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1732.06, which is the sum of squared deviations for the predicted MEITUAN UNSPADR/2B price change compared to its average price change.About MEITUAN UNSPADR/2B 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 MEITUAN UNSPADR2B 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 MEITUAN UNSPADR2B based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on MEITUAN UNSPADR/2B price pattern first instead of the macroeconomic environment surrounding MEITUAN UNSPADR/2B. By analyzing MEITUAN UNSPADR/2B'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 MEITUAN UNSPADR/2B'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 MEITUAN UNSPADR/2B specific price patterns or momentum indicators. Please read more on our technical analysis page.
MEITUAN UNSPADR/2B November 30, 2024 Technical Indicators
Most technical analysis of MEITUAN 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 MEITUAN from various momentum indicators to cycle indicators. When you analyze MEITUAN 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 | 0.1189 | |||
Market Risk Adjusted Performance | 0.7895 | |||
Mean Deviation | 3.29 | |||
Semi Deviation | 3.19 | |||
Downside Deviation | 3.97 | |||
Coefficient Of Variation | 692.87 | |||
Standard Deviation | 5.22 | |||
Variance | 27.24 | |||
Information Ratio | 0.118 | |||
Jensen Alpha | 0.6216 | |||
Total Risk Alpha | (0.13) | |||
Sortino Ratio | 0.1551 | |||
Treynor Ratio | 0.7795 | |||
Maximum Drawdown | 41.07 | |||
Value At Risk | (4.15) | |||
Potential Upside | 9.09 | |||
Downside Variance | 15.76 | |||
Semi Variance | 10.16 | |||
Expected Short fall | (4.47) | |||
Skewness | 2.06 | |||
Kurtosis | 10.7 |
Complementary Tools for MEITUAN Stock analysis
When running MEITUAN UNSPADR/2B's price analysis, check to measure MEITUAN UNSPADR/2B'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 MEITUAN UNSPADR/2B is operating at the current time. Most of MEITUAN UNSPADR/2B's value examination focuses on studying past and present price action to predict the probability of MEITUAN UNSPADR/2B's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MEITUAN UNSPADR/2B's price. Additionally, you may evaluate how the addition of MEITUAN UNSPADR/2B to your portfolios can decrease your overall portfolio volatility.
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