Elia Group (Belgium) Technical Analysis
| ELI Stock | EUR 87.60 0.35 0.40% |
As of the 28th of November, Elia Group shows the Variance of 2.72, mean deviation of 1.24, and Standard Deviation of 1.65. Elia Group SANV technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Elia Group SANV standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if Elia Group SANV is priced favorably, providing market reflects its regular price of 87.6 per share.
Elia Group Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Elia, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EliaElia |
Elia Group 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.
Elia Group SANV 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 Elia Group SANV volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Elia Group SANV Trend Analysis
Use this graph to draw trend lines for Elia Group SANV. You can use it to identify possible trend reversals for Elia Group 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 Elia Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Elia Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Elia Group SANV applied against its price change over selected period. The best fit line has a slop of 0.4 , which may suggest that Elia Group SANV market price will keep on failing further. It has 122 observation points and a regression sum of squares at 5975.28, which is the sum of squared deviations for the predicted Elia Group price change compared to its average price change.About Elia Group 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 Elia Group SANV 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 Elia Group SANV based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Elia Group SANV price pattern first instead of the macroeconomic environment surrounding Elia Group SANV. By analyzing Elia Group'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 Elia Group'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 Elia Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
Elia Group November 28, 2024 Technical Indicators
Most technical analysis of Elia 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 Elia from various momentum indicators to cycle indicators. When you analyze Elia 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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| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | (2.21) | |||
| Mean Deviation | 1.24 | |||
| Coefficient Of Variation | (1,086) | |||
| Standard Deviation | 1.65 | |||
| Variance | 2.72 | |||
| Information Ratio | (0.17) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (2.22) | |||
| Maximum Drawdown | 6.64 | |||
| Value At Risk | (3.25) | |||
| Potential Upside | 2.5 | |||
| Skewness | (0.27) | |||
| Kurtosis | (0.04) |
Additional Tools for Elia Stock Analysis
When running Elia Group's price analysis, check to measure Elia Group'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 Elia Group is operating at the current time. Most of Elia Group's value examination focuses on studying past and present price action to predict the probability of Elia Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elia Group's price. Additionally, you may evaluate how the addition of Elia Group to your portfolios can decrease your overall portfolio volatility.