Fomento Econmico (Germany) Technical Analysis
FOMA Stock | EUR 80.50 2.00 2.42% |
As of the 22nd of December, Fomento Econmico shows the Standard Deviation of 1.36, mean deviation of 1.04, and Variance of 1.86. Fomento Econmico Mexicano 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 Fomento Econmico Mexicano information ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk to decide if Fomento Econmico Mexicano is priced favorably, providing market reflects its regular price of 80.5 per share.
Fomento Econmico Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Fomento, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FomentoFomento |
Fomento Econmico 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.
Fomento Econmico Mexicano 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 Fomento Econmico Mexicano volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Fomento Econmico Mexicano Trend Analysis
Use this graph to draw trend lines for Fomento Econmico Mexicano. You can use it to identify possible trend reversals for Fomento Econmico 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 Fomento Econmico price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Fomento Econmico Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Fomento Econmico Mexicano applied against its price change over selected period. The best fit line has a slop of 0.12 , which may suggest that Fomento Econmico Mexicano market price will keep on failing further. It has 122 observation points and a regression sum of squares at 573.07, which is the sum of squared deviations for the predicted Fomento Econmico price change compared to its average price change.About Fomento Econmico 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 Fomento Econmico Mexicano 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 Fomento Econmico Mexicano based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Fomento Econmico Mexicano price pattern first instead of the macroeconomic environment surrounding Fomento Econmico Mexicano. By analyzing Fomento Econmico'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 Fomento Econmico'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 Fomento Econmico specific price patterns or momentum indicators. Please read more on our technical analysis page.
Fomento Econmico December 22, 2024 Technical Indicators
Most technical analysis of Fomento 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 Fomento from various momentum indicators to cycle indicators. When you analyze Fomento 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 | (0.08) | |||
Market Risk Adjusted Performance | 1.43 | |||
Mean Deviation | 1.04 | |||
Coefficient Of Variation | (897.97) | |||
Standard Deviation | 1.36 | |||
Variance | 1.86 | |||
Information Ratio | (0.13) | |||
Jensen Alpha | (0.16) | |||
Total Risk Alpha | (0.20) | |||
Treynor Ratio | 1.42 | |||
Maximum Drawdown | 6.74 | |||
Value At Risk | (2.40) | |||
Potential Upside | 1.82 | |||
Skewness | 0.3742 | |||
Kurtosis | 0.9293 |
Complementary Tools for Fomento Stock analysis
When running Fomento Econmico's price analysis, check to measure Fomento Econmico'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 Fomento Econmico is operating at the current time. Most of Fomento Econmico's value examination focuses on studying past and present price action to predict the probability of Fomento Econmico's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fomento Econmico's price. Additionally, you may evaluate how the addition of Fomento Econmico to your portfolios can decrease your overall portfolio volatility.
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