Materialise Nv Stock Technical Analysis
| MTLS Stock | USD 7.19 0.18 2.44% |
As of the 29th of December, Materialise secures the Mean Deviation of 2.85, downside deviation of 2.77, and Risk Adjusted Performance of 0.1196. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Materialise NV, as well as the relationship between them. Please verify Materialise NV information ratio and downside variance to decide if Materialise NV is priced some-what accurately, providing market reflects its recent price of 7.19 per share. Given that Materialise NV has jensen alpha of 0.5663, we recommend you to check Materialise's last-minute market performance to make sure the company can sustain itself at a future point.
Materialise Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Materialise, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MaterialiseMaterialise |
Materialise Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 12.59 | Strong Buy | 3 | Odds |
Most Materialise analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Materialise stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Materialise NV, talking to its executives and customers, or listening to Materialise conference calls.
Materialise 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.
Materialise NV Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Materialise NV volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Materialise NV Trend Analysis
Use this graph to draw trend lines for Materialise NV. You can use it to identify possible trend reversals for Materialise 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 Materialise price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Materialise Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Materialise NV applied against its price change over selected period. The best fit line has a slop of 0.05 , which means Materialise NV will continue generating value for investors. It has 122 observation points and a regression sum of squares at 110.84, which is the sum of squared deviations for the predicted Materialise price change compared to its average price change.About Materialise 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 Materialise NV 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 Materialise NV based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Materialise NV price pattern first instead of the macroeconomic environment surrounding Materialise NV. By analyzing Materialise'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 Materialise'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 Materialise specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 73.8 | 80.3 | 75.1 | 87.31 | PTB Ratio | 5.12 | 2.12 | 1.48 | 1.41 |
Materialise December 29, 2024 Technical Indicators
Most technical analysis of Materialise 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 Materialise from various momentum indicators to cycle indicators. When you analyze Materialise 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 | 0.1196 | |||
| Market Risk Adjusted Performance | (1.21) | |||
| Mean Deviation | 2.85 | |||
| Semi Deviation | 2.32 | |||
| Downside Deviation | 2.77 | |||
| Coefficient Of Variation | 714.39 | |||
| Standard Deviation | 4.05 | |||
| Variance | 16.36 | |||
| Information Ratio | 0.132 | |||
| Jensen Alpha | 0.5663 | |||
| Total Risk Alpha | 0.4436 | |||
| Sortino Ratio | 0.193 | |||
| Treynor Ratio | (1.22) | |||
| Maximum Drawdown | 24.85 | |||
| Value At Risk | (4.07) | |||
| Potential Upside | 6.95 | |||
| Downside Variance | 7.65 | |||
| Semi Variance | 5.37 | |||
| Expected Short fall | (3.77) | |||
| Skewness | 1.7 | |||
| Kurtosis | 5.22 |
Additional Tools for Materialise Stock Analysis
When running Materialise's price analysis, check to measure Materialise'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 Materialise is operating at the current time. Most of Materialise's value examination focuses on studying past and present price action to predict the probability of Materialise's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Materialise's price. Additionally, you may evaluate how the addition of Materialise to your portfolios can decrease your overall portfolio volatility.