Source Markets (Germany) Technical Analysis
| SC0Z Etf | EUR 265.45 2.40 0.91% |
As of the 26th of December, Source Markets has the Variance of 0.6418, coefficient of variation of (611.39), and Risk Adjusted Performance of (0.13). Our technical analysis interface makes it possible for you to check existing technical drivers of Source Markets plc, as well as the relationship between them. Please validate Source Markets plc mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Source Markets is priced more or less accurately, providing market reflects its prevalent price of 265.45 per share.
Source Markets Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Source, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SourceSource |
Source Markets technical etf 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, etf market cycles, or different charting patterns.
Source Markets plc 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 Source Markets plc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Source Markets plc Trend Analysis
Use this graph to draw trend lines for Source Markets plc. You can use it to identify possible trend reversals for Source Markets 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 Source Markets price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Source Markets Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Source Markets plc applied against its price change over selected period. The best fit line has a slop of 0.33 , which may suggest that Source Markets plc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4191.92, which is the sum of squared deviations for the predicted Source Markets price change compared to its average price change.About Source Markets 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 Source Markets plc 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 Source Markets plc based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Source Markets plc price pattern first instead of the macroeconomic environment surrounding Source Markets plc. By analyzing Source Markets'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 Source Markets'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 Source Markets specific price patterns or momentum indicators. Please read more on our technical analysis page.
Source Markets December 26, 2024 Technical Indicators
Most technical analysis of Source 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 Source from various momentum indicators to cycle indicators. When you analyze Source 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 | (0.13) | |||
| Market Risk Adjusted Performance | (2.19) | |||
| Mean Deviation | 0.6335 | |||
| Coefficient Of Variation | (611.39) | |||
| Standard Deviation | 0.8011 | |||
| Variance | 0.6418 | |||
| Information Ratio | (0.22) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (2.20) | |||
| Maximum Drawdown | 3.62 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 1.3 | |||
| Skewness | 0.3371 | |||
| Kurtosis | (0.20) |
Other Information on Investing in Source Etf
Source Markets financial ratios help investors to determine whether Source Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Source with respect to the benefits of owning Source Markets security.