Zorlu Enerji (Turkey) Technical Analysis
| ZOREN Stock | TRY 4.37 0.07 1.58% |
As of the 21st of December, Zorlu Enerji maintains the Mean Deviation of 1.32, market risk adjusted performance of 0.4016, and Standard Deviation of 1.66. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Zorlu Enerji Elektrik, as well as the relationship between them.
Zorlu Enerji Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Zorlu, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ZorluZorlu |
Zorlu Enerji 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.
Zorlu Enerji Elektrik 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 Zorlu Enerji Elektrik volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Zorlu Enerji Elektrik Trend Analysis
Use this graph to draw trend lines for Zorlu Enerji Elektrik. You can use it to identify possible trend reversals for Zorlu Enerji 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 Zorlu Enerji price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Zorlu Enerji Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Zorlu Enerji Elektrik applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Zorlu Enerji Elektrik will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.71, which is the sum of squared deviations for the predicted Zorlu Enerji price change compared to its average price change.About Zorlu Enerji 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 Zorlu Enerji Elektrik 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 Zorlu Enerji Elektrik based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Zorlu Enerji Elektrik price pattern first instead of the macroeconomic environment surrounding Zorlu Enerji Elektrik. By analyzing Zorlu Enerji'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 Zorlu Enerji'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 Zorlu Enerji specific price patterns or momentum indicators. Please read more on our technical analysis page.
Zorlu Enerji December 21, 2024 Technical Indicators
Most technical analysis of Zorlu 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 Zorlu from various momentum indicators to cycle indicators. When you analyze Zorlu 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 | 0.0035 | |||
| Market Risk Adjusted Performance | 0.4016 | |||
| Mean Deviation | 1.32 | |||
| Coefficient Of Variation | (46,366) | |||
| Standard Deviation | 1.66 | |||
| Variance | 2.77 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 0.3916 | |||
| Maximum Drawdown | 7.19 | |||
| Value At Risk | (3.07) | |||
| Potential Upside | 2.59 | |||
| Skewness | (0.04) | |||
| Kurtosis | (0.17) |
Complementary Tools for Zorlu Stock analysis
When running Zorlu Enerji's price analysis, check to measure Zorlu Enerji'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 Zorlu Enerji is operating at the current time. Most of Zorlu Enerji's value examination focuses on studying past and present price action to predict the probability of Zorlu Enerji's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zorlu Enerji's price. Additionally, you may evaluate how the addition of Zorlu Enerji to your portfolios can decrease your overall portfolio volatility.
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