Carl Zeiss Meditec Stock Technical Analysis
| CZMWF Stock | USD 61.22 0.00 0.00% |
As of the 29th of November, Carl Zeiss shows the Standard Deviation of 3.76, risk adjusted performance of (0.02), and Mean Deviation of 1.22. Carl Zeiss Meditec 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 Carl Zeiss Meditec information ratio and skewness to decide if Carl Zeiss Meditec is priced correctly, providing market reflects its regular price of 61.22 per share. Given that Carl Zeiss has information ratio of (0.07), we suggest you to validate Carl Zeiss Meditec's prevailing market performance to make sure the company can sustain itself at a future point.
Carl Zeiss Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Carl, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CarlCarl |
Carl Zeiss technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Carl Zeiss Meditec Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Carl Zeiss Meditec volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Carl Zeiss Meditec Trend Analysis
Use this graph to draw trend lines for Carl Zeiss Meditec. You can use it to identify possible trend reversals for Carl Zeiss 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 Carl Zeiss price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Carl Zeiss Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Carl Zeiss Meditec applied against its price change over selected period. The best fit line has a slop of 0.11 , which may suggest that Carl Zeiss Meditec market price will keep on failing further. It has 122 observation points and a regression sum of squares at 434.62, which is the sum of squared deviations for the predicted Carl Zeiss price change compared to its average price change.About Carl Zeiss 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 Carl Zeiss Meditec 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 Carl Zeiss Meditec based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Carl Zeiss Meditec price pattern first instead of the macroeconomic environment surrounding Carl Zeiss Meditec. By analyzing Carl Zeiss'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 Carl Zeiss'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 Carl Zeiss specific price patterns or momentum indicators. Please read more on our technical analysis page.
Carl Zeiss November 29, 2024 Technical Indicators
Most technical analysis of Carl 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 Carl from various momentum indicators to cycle indicators. When you analyze Carl 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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| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | 0.3549 | |||
| Mean Deviation | 1.22 | |||
| Coefficient Of Variation | (2,727) | |||
| Standard Deviation | 3.76 | |||
| Variance | 14.16 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.71) | |||
| Treynor Ratio | 0.3449 | |||
| Maximum Drawdown | 32.31 | |||
| Value At Risk | (5.41) | |||
| Potential Upside | 0.0163 | |||
| Skewness | 3.6 | |||
| Kurtosis | 27.72 |
Complementary Tools for Carl Pink Sheet analysis
When running Carl Zeiss' price analysis, check to measure Carl Zeiss' 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 Carl Zeiss is operating at the current time. Most of Carl Zeiss' value examination focuses on studying past and present price action to predict the probability of Carl Zeiss' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carl Zeiss' price. Additionally, you may evaluate how the addition of Carl Zeiss to your portfolios can decrease your overall portfolio volatility.
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