Joo Fortes (Brazil) Technical Analysis
| JFEN3 Stock | BRL 3.06 0.19 5.85% |
As of the 15th of December 2024, Joo Fortes retains the Market Risk Adjusted Performance of 0.2354, risk adjusted performance of (0.02), and Standard Deviation of 8.52. Joo Fortes technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Joo Fortes Engenharia value at risk, skewness, and the relationship between the maximum drawdown and potential upside to decide if Joo Fortes is priced fairly, providing market reflects its last-minute price of 3.06 per share.
Joo Fortes Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Joo, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to JooJoo |
Joo Fortes 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.
Joo Fortes Engenharia Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Joo Fortes Engenharia volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Joo Fortes Engenharia Trend Analysis
Use this graph to draw trend lines for Joo Fortes Engenharia. You can use it to identify possible trend reversals for Joo Fortes 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 Joo Fortes price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Joo Fortes Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Joo Fortes Engenharia applied against its price change over selected period. The best fit line has a slop of 0.05 , which may suggest that Joo Fortes Engenharia market price will keep on failing further. It has 122 observation points and a regression sum of squares at 103.93, which is the sum of squared deviations for the predicted Joo Fortes price change compared to its average price change.About Joo Fortes 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 Joo Fortes Engenharia 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 Joo Fortes Engenharia based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Joo Fortes Engenharia price pattern first instead of the macroeconomic environment surrounding Joo Fortes Engenharia. By analyzing Joo Fortes'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 Joo Fortes'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 Joo Fortes specific price patterns or momentum indicators. Please read more on our technical analysis page.
Joo Fortes December 15, 2024 Technical Indicators
Most technical analysis of Joo 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 Joo from various momentum indicators to cycle indicators. When you analyze Joo 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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| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | 0.2354 | |||
| Mean Deviation | 5.05 | |||
| Coefficient Of Variation | (2,892) | |||
| Standard Deviation | 8.52 | |||
| Variance | 72.53 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (1.36) | |||
| Treynor Ratio | 0.2254 | |||
| Maximum Drawdown | 57.23 | |||
| Value At Risk | (8.70) | |||
| Potential Upside | 16.0 | |||
| Skewness | 2.41 | |||
| Kurtosis | 8.79 |
Additional Tools for Joo Stock Analysis
When running Joo Fortes' price analysis, check to measure Joo Fortes' 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 Joo Fortes is operating at the current time. Most of Joo Fortes' value examination focuses on studying past and present price action to predict the probability of Joo Fortes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Joo Fortes' price. Additionally, you may evaluate how the addition of Joo Fortes to your portfolios can decrease your overall portfolio volatility.