PLAYTECH (Germany) Technical Analysis
| PL8 Stock | EUR 8.86 0.02 0.23% |
As of the 22nd of March, PLAYTECH owns the market risk adjusted performance of (0.47), and Coefficient Of Variation of (5,303). Compared to fundamental indicators, the technical analysis model allows you to check helpful technical drivers of PLAYTECH, as well as the relationship between them. Please check PLAYTECH mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if PLAYTECH is priced some-what accurately, providing market reflects its prevailing price of 8.86 per share.
PLAYTECH Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as PLAYTECH, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PLAYTECHPLAYTECH |
PLAYTECH 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.
PLAYTECH 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 PLAYTECH volatility. High ATR values indicate high volatility, and low values indicate low volatility.
PLAYTECH Trend Analysis
Use this graph to draw trend lines for PLAYTECH. You can use it to identify possible trend reversals for PLAYTECH 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 PLAYTECH price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.PLAYTECH Best Fit Change Line
The following chart estimates an ordinary least squares regression model for PLAYTECH applied against its price change over selected period. The best fit line has a slop of 0.01 , which means PLAYTECH will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.37, which is the sum of squared deviations for the predicted PLAYTECH price change compared to its average price change.About PLAYTECH 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 PLAYTECH 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 PLAYTECH based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on PLAYTECH price pattern first instead of the macroeconomic environment surrounding PLAYTECH. By analyzing PLAYTECH'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 PLAYTECH'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 PLAYTECH specific price patterns or momentum indicators. Please read more on our technical analysis page.
PLAYTECH March 22, 2025 Technical Indicators
Most technical analysis of PLAYTECH 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 PLAYTECH from various momentum indicators to cycle indicators. When you analyze PLAYTECH 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 | (0.01) | |||
| Market Risk Adjusted Performance | (0.47) | |||
| Mean Deviation | 1.19 | |||
| Coefficient Of Variation | (5,303) | |||
| Standard Deviation | 1.54 | |||
| Variance | 2.36 | |||
| Information Ratio | 0.0217 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | 0.0863 | |||
| Treynor Ratio | (0.48) | |||
| Maximum Drawdown | 7.26 | |||
| Value At Risk | (2.43) | |||
| Potential Upside | 2.49 | |||
| Skewness | 0.1829 | |||
| Kurtosis | 0.2322 |
PLAYTECH March 22, 2025 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as PLAYTECH stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | Huge | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 8.86 | ||
| Day Typical Price | 8.86 | ||
| Price Action Indicator | 0.01 |
Complementary Tools for PLAYTECH Stock analysis
When running PLAYTECH's price analysis, check to measure PLAYTECH'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 PLAYTECH is operating at the current time. Most of PLAYTECH's value examination focuses on studying past and present price action to predict the probability of PLAYTECH's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PLAYTECH's price. Additionally, you may evaluate how the addition of PLAYTECH to your portfolios can decrease your overall portfolio volatility.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Stocks Directory Find actively traded stocks across global markets | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |