SHOPRITE HLDG (Germany) Technical Analysis
| HY7 Stock | EUR 15.40 0.10 0.65% |
As of the 6th of January, SHOPRITE HLDG has the risk adjusted performance of 0.0343, and Coefficient Of Variation of 2733.98. SHOPRITE HLDG technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. Please validate SHOPRITE HLDG jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if SHOPRITE HLDG is priced adequately, providing market reflects its prevalent price of 15.4 per share.
SHOPRITE HLDG Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SHOPRITE, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SHOPRITESHOPRITE |
SHOPRITE HLDG 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.
SHOPRITE HLDG Technical Analysis
The output start index for this execution was five with a total number of output elements of fifty-six. 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 SHOPRITE HLDG volatility. High ATR values indicate high volatility, and low values indicate low volatility.
SHOPRITE HLDG Trend Analysis
Use this graph to draw trend lines for SHOPRITE HLDG. You can use it to identify possible trend reversals for SHOPRITE HLDG 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 SHOPRITE HLDG price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.SHOPRITE HLDG Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SHOPRITE HLDG applied against its price change over selected period. The best fit line has a slop of 0.01 , which means SHOPRITE HLDG will continue generating value for investors. It has 122 observation points and a regression sum of squares at 7.24, which is the sum of squared deviations for the predicted SHOPRITE HLDG price change compared to its average price change.About SHOPRITE HLDG 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 SHOPRITE HLDG 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 SHOPRITE HLDG based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on SHOPRITE HLDG price pattern first instead of the macroeconomic environment surrounding SHOPRITE HLDG. By analyzing SHOPRITE HLDG'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 SHOPRITE HLDG'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 SHOPRITE HLDG specific price patterns or momentum indicators. Please read more on our technical analysis page.
SHOPRITE HLDG January 6, 2025 Technical Indicators
Most technical analysis of SHOPRITE 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 SHOPRITE from various momentum indicators to cycle indicators. When you analyze SHOPRITE 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 | 0.0343 | |||
| Market Risk Adjusted Performance | (0.29) | |||
| Mean Deviation | 1.11 | |||
| Semi Deviation | 1.27 | |||
| Downside Deviation | 1.61 | |||
| Coefficient Of Variation | 2733.98 | |||
| Standard Deviation | 1.5 | |||
| Variance | 2.25 | |||
| Information Ratio | 0.0217 | |||
| Jensen Alpha | 0.0468 | |||
| Total Risk Alpha | 0.0221 | |||
| Sortino Ratio | 0.0203 | |||
| Treynor Ratio | (0.30) | |||
| Maximum Drawdown | 8.86 | |||
| Value At Risk | (2.47) | |||
| Potential Upside | 2.01 | |||
| Downside Variance | 2.58 | |||
| Semi Variance | 1.61 | |||
| Expected Short fall | (1.38) | |||
| Skewness | 0.4941 | |||
| Kurtosis | 1.71 |
Complementary Tools for SHOPRITE Stock analysis
When running SHOPRITE HLDG's price analysis, check to measure SHOPRITE HLDG'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 SHOPRITE HLDG is operating at the current time. Most of SHOPRITE HLDG's value examination focuses on studying past and present price action to predict the probability of SHOPRITE HLDG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SHOPRITE HLDG's price. Additionally, you may evaluate how the addition of SHOPRITE HLDG to your portfolios can decrease your overall portfolio volatility.
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |