Ceconomy Ag Adr Stock Technical Analysis
| MTTRY Stock | USD 0.50 0.01 1.96% |
As of the 21st of December, Ceconomy shows the risk adjusted performance of (0), and Mean Deviation of 2.82. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Ceconomy, as well as the relationship between them.
Ceconomy Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ceconomy, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CeconomyCeconomy |
Ceconomy technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Ceconomy AG ADR Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-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 Ceconomy AG ADR volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Ceconomy AG ADR Trend Analysis
Use this graph to draw trend lines for Ceconomy AG ADR. You can use it to identify possible trend reversals for Ceconomy 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 Ceconomy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Ceconomy Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ceconomy AG ADR applied against its price change over selected period. The best fit line has a slop of 0.0012 , which may suggest that Ceconomy AG ADR market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.05, which is the sum of squared deviations for the predicted Ceconomy price change compared to its average price change.About Ceconomy 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 Ceconomy AG ADR 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 Ceconomy AG ADR based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Ceconomy AG ADR price pattern first instead of the macroeconomic environment surrounding Ceconomy AG ADR. By analyzing Ceconomy'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 Ceconomy'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 Ceconomy specific price patterns or momentum indicators. Please read more on our technical analysis page.
Ceconomy December 21, 2024 Technical Indicators
Most technical analysis of Ceconomy 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 Ceconomy from various momentum indicators to cycle indicators. When you analyze Ceconomy 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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| Volume Indicators |
| Risk Adjusted Performance | (0) | |||
| Market Risk Adjusted Performance | (0.25) | |||
| Mean Deviation | 2.82 | |||
| Coefficient Of Variation | (5,957) | |||
| Standard Deviation | 4.89 | |||
| Variance | 23.92 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.26) | |||
| Maximum Drawdown | 32.08 | |||
| Value At Risk | (8.96) | |||
| Potential Upside | 6.78 | |||
| Skewness | 0.6463 | |||
| Kurtosis | 3.86 |
Additional Tools for Ceconomy Pink Sheet Analysis
When running Ceconomy's price analysis, check to measure Ceconomy'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 Ceconomy is operating at the current time. Most of Ceconomy's value examination focuses on studying past and present price action to predict the probability of Ceconomy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ceconomy's price. Additionally, you may evaluate how the addition of Ceconomy to your portfolios can decrease your overall portfolio volatility.