Shimadzu Stock Technical Analysis
SHMZF Stock | USD 22.52 0.00 0.00% |
As of the 18th of December 2024, Shimadzu has the Standard Deviation of 0.0936, information ratio of (0.60), and Risk Adjusted Performance of 0.0218. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Shimadzu, as well as the relationship between them. Please validate Shimadzu mean deviation and skewness to decide if Shimadzu is priced more or less accurately, providing market reflects its prevalent price of 22.52 per share. Given that Shimadzu has total risk alpha of (0.01), we advise you to double-check Shimadzu's current market performance to make sure the company can sustain itself at a future point.
Shimadzu Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Shimadzu, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ShimadzuShimadzu |
Shimadzu 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.
Shimadzu 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 Shimadzu volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Shimadzu Trend Analysis
Use this graph to draw trend lines for Shimadzu. You can use it to identify possible trend reversals for Shimadzu 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 Shimadzu price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Shimadzu Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Shimadzu applied against its price change over selected period. The best fit line has a slop of 0 , which means Shimadzu will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.04, which is the sum of squared deviations for the predicted Shimadzu price change compared to its average price change.About Shimadzu 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 Shimadzu 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 Shimadzu based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Shimadzu price pattern first instead of the macroeconomic environment surrounding Shimadzu. By analyzing Shimadzu'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 Shimadzu'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 Shimadzu specific price patterns or momentum indicators. Please read more on our technical analysis page.
Shimadzu December 18, 2024 Technical Indicators
Most technical analysis of Shimadzu 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 Shimadzu from various momentum indicators to cycle indicators. When you analyze Shimadzu 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 | 0.0218 | |||
Mean Deviation | 0.0227 | |||
Coefficient Of Variation | 812.4 | |||
Standard Deviation | 0.0936 | |||
Variance | 0.0088 | |||
Information Ratio | (0.60) | |||
Total Risk Alpha | (0.01) | |||
Maximum Drawdown | 0.7606 | |||
Skewness | 8.12 | |||
Kurtosis | 66.0 |
Complementary Tools for Shimadzu Pink Sheet analysis
When running Shimadzu's price analysis, check to measure Shimadzu'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 Shimadzu is operating at the current time. Most of Shimadzu's value examination focuses on studying past and present price action to predict the probability of Shimadzu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shimadzu's price. Additionally, you may evaluate how the addition of Shimadzu to your portfolios can decrease your overall portfolio volatility.
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