Agnico Eagle (Germany) Technical Analysis
| AE9 Stock | EUR 79.80 0.76 0.96% |
As of the 2nd of December, Agnico Eagle shows the Mean Deviation of 1.61, risk adjusted performance of 0.0605, and Downside Deviation of 2.11. Agnico Eagle Mines 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 Agnico Eagle Mines variance, jensen alpha, and the relationship between the standard deviation and information ratio to decide if Agnico Eagle Mines is priced correctly, providing market reflects its regular price of 79.8 per share.
Agnico Eagle Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Agnico, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AgnicoAgnico |
Agnico Eagle 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.
Agnico Eagle Mines Technical Analysis
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. 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 Agnico Eagle Mines volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Agnico Eagle Mines Trend Analysis
Use this graph to draw trend lines for Agnico Eagle Mines. You can use it to identify possible trend reversals for Agnico Eagle 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 Agnico Eagle price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Agnico Eagle Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Agnico Eagle Mines applied against its price change over selected period. The best fit line has a slop of 0.11 , which means Agnico Eagle Mines will continue generating value for investors. It has 122 observation points and a regression sum of squares at 452.69, which is the sum of squared deviations for the predicted Agnico Eagle price change compared to its average price change.About Agnico Eagle 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 Agnico Eagle Mines 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 Agnico Eagle Mines based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Agnico Eagle Mines price pattern first instead of the macroeconomic environment surrounding Agnico Eagle Mines. By analyzing Agnico Eagle'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 Agnico Eagle'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 Agnico Eagle specific price patterns or momentum indicators. Please read more on our technical analysis page.
Agnico Eagle December 2, 2024 Technical Indicators
Most technical analysis of Agnico 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 Agnico from various momentum indicators to cycle indicators. When you analyze Agnico 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 | 0.0605 | |||
| Market Risk Adjusted Performance | (1.51) | |||
| Mean Deviation | 1.61 | |||
| Semi Deviation | 2.0 | |||
| Downside Deviation | 2.11 | |||
| Coefficient Of Variation | 1408.22 | |||
| Standard Deviation | 2.03 | |||
| Variance | 4.11 | |||
| Information Ratio | 0.0031 | |||
| Jensen Alpha | 0.1452 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.003 | |||
| Treynor Ratio | (1.52) | |||
| Maximum Drawdown | 9.54 | |||
| Value At Risk | (3.32) | |||
| Potential Upside | 3.54 | |||
| Downside Variance | 4.43 | |||
| Semi Variance | 4.0 | |||
| Expected Short fall | (1.66) | |||
| Skewness | (0.28) | |||
| Kurtosis | 0.1642 |
Complementary Tools for Agnico Stock analysis
When running Agnico Eagle's price analysis, check to measure Agnico Eagle'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 Agnico Eagle is operating at the current time. Most of Agnico Eagle's value examination focuses on studying past and present price action to predict the probability of Agnico Eagle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agnico Eagle's price. Additionally, you may evaluate how the addition of Agnico Eagle to your portfolios can decrease your overall portfolio volatility.
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |