Adidas AG (Germany) Technical Analysis
| ADS1 Stock | EUR 117.00 1.00 0.85% |
As of the 25th of December, Adidas AG shows the Downside Deviation of 2.04, risk adjusted performance of 0.0629, and Semi Deviation of 1.53. adidas AG technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm adidas AG downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if adidas AG is priced correctly, providing market reflects its regular price of 117.0 per share.
Adidas AG Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Adidas, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AdidasAdidas |
Adidas AG 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.
adidas AG 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 adidas AG volatility. High ATR values indicate high volatility, and low values indicate low volatility.
adidas AG Trend Analysis
Use this graph to draw trend lines for adidas AG. You can use it to identify possible trend reversals for Adidas AG 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 Adidas AG price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Adidas AG Best Fit Change Line
The following chart estimates an ordinary least squares regression model for adidas AG applied against its price change over selected period. The best fit line has a slop of 0.05 , which means adidas AG will continue generating value for investors. It has 122 observation points and a regression sum of squares at 106.82, which is the sum of squared deviations for the predicted Adidas AG price change compared to its average price change.About Adidas AG 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 adidas AG 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 adidas AG based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on adidas AG price pattern first instead of the macroeconomic environment surrounding adidas AG. By analyzing Adidas AG'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 Adidas AG'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 Adidas AG specific price patterns or momentum indicators. Please read more on our technical analysis page.
Adidas AG December 25, 2024 Technical Indicators
Most technical analysis of Adidas 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 Adidas from various momentum indicators to cycle indicators. When you analyze Adidas 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.
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| Volume Indicators |
| Risk Adjusted Performance | 0.0629 | |||
| Market Risk Adjusted Performance | (0.77) | |||
| Mean Deviation | 1.42 | |||
| Semi Deviation | 1.53 | |||
| Downside Deviation | 2.04 | |||
| Coefficient Of Variation | 1404.57 | |||
| Standard Deviation | 1.97 | |||
| Variance | 3.89 | |||
| Information Ratio | 0.0485 | |||
| Jensen Alpha | 0.1363 | |||
| Total Risk Alpha | 0.0447 | |||
| Sortino Ratio | 0.047 | |||
| Treynor Ratio | (0.78) | |||
| Maximum Drawdown | 11.49 | |||
| Value At Risk | (2.48) | |||
| Potential Upside | 4.31 | |||
| Downside Variance | 4.15 | |||
| Semi Variance | 2.35 | |||
| Expected Short fall | (2.02) | |||
| Skewness | 0.3031 | |||
| Kurtosis | 1.55 |
Complementary Tools for Adidas Stock analysis
When running Adidas AG's price analysis, check to measure Adidas AG'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 Adidas AG is operating at the current time. Most of Adidas AG's value examination focuses on studying past and present price action to predict the probability of Adidas AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adidas AG's price. Additionally, you may evaluate how the addition of Adidas AG to your portfolios can decrease your overall portfolio volatility.
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