Zumtobel Group (Austria) Technical Analysis
| ZAG Stock | EUR 4.84 0.06 1.26% |
As of the 3rd of December, Zumtobel Group maintains the Mean Deviation of 1.17, standard deviation of 1.65, and Market Risk Adjusted Performance of 0.9803. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Zumtobel Group AG, as well as the relationship between them.
Zumtobel Group Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Zumtobel, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ZumtobelZumtobel |
Zumtobel Group 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.
Zumtobel Group AG Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Zumtobel Group AG volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Zumtobel Group AG Trend Analysis
Use this graph to draw trend lines for Zumtobel Group AG. You can use it to identify possible trend reversals for Zumtobel Group 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 Zumtobel Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Zumtobel Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Zumtobel Group AG applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that Zumtobel Group AG market price will keep on failing further. It has 122 observation points and a regression sum of squares at 6.73, which is the sum of squared deviations for the predicted Zumtobel Group price change compared to its average price change.About Zumtobel Group 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 Zumtobel Group AG 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 Zumtobel Group AG based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Zumtobel Group AG price pattern first instead of the macroeconomic environment surrounding Zumtobel Group AG. By analyzing Zumtobel Group'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 Zumtobel Group'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 Zumtobel Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
Zumtobel Group December 3, 2024 Technical Indicators
Most technical analysis of Zumtobel 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 Zumtobel from various momentum indicators to cycle indicators. When you analyze Zumtobel 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 | (0.08) | |||
| Market Risk Adjusted Performance | 0.9803 | |||
| Mean Deviation | 1.17 | |||
| Coefficient Of Variation | (918.10) | |||
| Standard Deviation | 1.65 | |||
| Variance | 2.73 | |||
| Information Ratio | (0.18) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | 0.9703 | |||
| Maximum Drawdown | 8.55 | |||
| Value At Risk | (3.07) | |||
| Potential Upside | 3.35 | |||
| Skewness | 0.4794 | |||
| Kurtosis | 1.23 |
Complementary Tools for Zumtobel Stock analysis
When running Zumtobel Group's price analysis, check to measure Zumtobel Group'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 Zumtobel Group is operating at the current time. Most of Zumtobel Group's value examination focuses on studying past and present price action to predict the probability of Zumtobel Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zumtobel Group's price. Additionally, you may evaluate how the addition of Zumtobel Group to your portfolios can decrease your overall portfolio volatility.
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |