Melia Hotels (UK) Technical Analysis
| 0MKO Stock | 6.77 0.01 0.15% |
As of the 1st of December, Melia Hotels secures the Downside Deviation of 1.22, mean deviation of 0.7996, and Risk Adjusted Performance of 0.036. Melia Hotels technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Please verify Melia Hotels coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if Melia Hotels is priced some-what accurately, providing market reflects its recent price of 6.77 per share.
Melia Hotels Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Melia, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MeliaMelia |
Melia Hotels 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.
Melia Hotels Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-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 Melia Hotels volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Melia Hotels Trend Analysis
Use this graph to draw trend lines for Melia Hotels. You can use it to identify possible trend reversals for Melia Hotels 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 Melia Hotels price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Melia Hotels Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Melia Hotels applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Melia Hotels will continue generating value for investors. It has 122 observation points and a regression sum of squares at 4.04, which is the sum of squared deviations for the predicted Melia Hotels price change compared to its average price change.About Melia Hotels 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 Melia Hotels 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 Melia Hotels based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Melia Hotels price pattern first instead of the macroeconomic environment surrounding Melia Hotels. By analyzing Melia Hotels'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 Melia Hotels'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 Melia Hotels specific price patterns or momentum indicators. Please read more on our technical analysis page.
Melia Hotels December 1, 2024 Technical Indicators
Most technical analysis of Melia 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 Melia from various momentum indicators to cycle indicators. When you analyze Melia 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.
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| Volume Indicators |
| Risk Adjusted Performance | 0.036 | |||
| Market Risk Adjusted Performance | 0.6457 | |||
| Mean Deviation | 0.7996 | |||
| Semi Deviation | 1.1 | |||
| Downside Deviation | 1.22 | |||
| Coefficient Of Variation | 2311.84 | |||
| Standard Deviation | 1.08 | |||
| Variance | 1.16 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | 0.0292 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.6357 | |||
| Maximum Drawdown | 5.13 | |||
| Value At Risk | (1.79) | |||
| Potential Upside | 1.53 | |||
| Downside Variance | 1.49 | |||
| Semi Variance | 1.2 | |||
| Expected Short fall | (0.82) | |||
| Skewness | (0.31) | |||
| Kurtosis | 1.18 |
Additional Tools for Melia Stock Analysis
When running Melia Hotels' price analysis, check to measure Melia Hotels' 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 Melia Hotels is operating at the current time. Most of Melia Hotels' value examination focuses on studying past and present price action to predict the probability of Melia Hotels' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Melia Hotels' price. Additionally, you may evaluate how the addition of Melia Hotels to your portfolios can decrease your overall portfolio volatility.