POLENERGIA (Germany) Technical Analysis
| 06Y Stock | EUR 16.30 0.05 0.31% |
As of the 18th of December 2024, POLENERGIA holds the risk adjusted performance of 0.0403, and Semi Deviation of 1.95. POLENERGIA SA ZY technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices. Please check POLENERGIA SA ZY coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if POLENERGIA SA ZY is priced more or less accurately, providing market reflects its current price of 16.3 per share.
POLENERGIA Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as POLENERGIA, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to POLENERGIAPOLENERGIA |
POLENERGIA 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.
POLENERGIA SA ZY 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 POLENERGIA SA ZY volatility. High ATR values indicate high volatility, and low values indicate low volatility.
POLENERGIA SA ZY Trend Analysis
Use this graph to draw trend lines for POLENERGIA SA ZY. You can use it to identify possible trend reversals for POLENERGIA 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 POLENERGIA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.POLENERGIA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for POLENERGIA SA ZY applied against its price change over selected period. The best fit line has a slop of 0.0062 , which may suggest that POLENERGIA SA ZY market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.44, which is the sum of squared deviations for the predicted POLENERGIA price change compared to its average price change.About POLENERGIA 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 POLENERGIA SA ZY 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 POLENERGIA SA ZY based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on POLENERGIA SA ZY price pattern first instead of the macroeconomic environment surrounding POLENERGIA SA ZY. By analyzing POLENERGIA'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 POLENERGIA'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 POLENERGIA specific price patterns or momentum indicators. Please read more on our technical analysis page.
POLENERGIA December 18, 2024 Technical Indicators
Most technical analysis of POLENERGIA 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 POLENERGIA from various momentum indicators to cycle indicators. When you analyze POLENERGIA 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 | 0.0403 | |||
| Market Risk Adjusted Performance | 0.1331 | |||
| Mean Deviation | 1.38 | |||
| Semi Deviation | 1.95 | |||
| Downside Deviation | 2.25 | |||
| Coefficient Of Variation | 2121.81 | |||
| Standard Deviation | 1.89 | |||
| Variance | 3.58 | |||
| Information Ratio | 0.0113 | |||
| Jensen Alpha | 0.042 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0095 | |||
| Treynor Ratio | 0.1231 | |||
| Maximum Drawdown | 10.61 | |||
| Value At Risk | (2.89) | |||
| Potential Upside | 2.8 | |||
| Downside Variance | 5.04 | |||
| Semi Variance | 3.81 | |||
| Expected Short fall | (1.43) | |||
| Skewness | (0.54) | |||
| Kurtosis | 1.8 |
Complementary Tools for POLENERGIA Stock analysis
When running POLENERGIA's price analysis, check to measure POLENERGIA'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 POLENERGIA is operating at the current time. Most of POLENERGIA's value examination focuses on studying past and present price action to predict the probability of POLENERGIA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move POLENERGIA's price. Additionally, you may evaluate how the addition of POLENERGIA to your portfolios can decrease your overall portfolio volatility.
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