HOKURIKU (Germany) Technical Analysis

6HO Stock  EUR 5.35  0.10  1.83%   
As of the 12th of December 2024, HOKURIKU retains the Risk Adjusted Performance of (0.04), coefficient of variation of (1,647), and Market Risk Adjusted Performance of 0.4566. HOKURIKU technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out HOKURIKU EL PWR variance, treynor ratio, and the relationship between the standard deviation and information ratio to decide if HOKURIKU is priced correctly, providing market reflects its last-minute price of 5.35 per share.

HOKURIKU Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as HOKURIKU, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HOKURIKU
  
HOKURIKU's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
HOKURIKU 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.
A focus of HOKURIKU technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of HOKURIKU trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

HOKURIKU EL PWR Technical Analysis

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The output start index for this execution was fourty-two with a total number of output elements of nineteen. 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 HOKURIKU EL PWR volatility. High ATR values indicate high volatility, and low values indicate low volatility.

HOKURIKU EL PWR Trend Analysis

Use this graph to draw trend lines for HOKURIKU EL PWR. You can use it to identify possible trend reversals for HOKURIKU 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 HOKURIKU price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

HOKURIKU Best Fit Change Line

The following chart estimates an ordinary least squares regression model for HOKURIKU EL PWR applied against its price change over selected period. The best fit line has a slop of   0.0064  , which may suggest that HOKURIKU EL PWR market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.56, which is the sum of squared deviations for the predicted HOKURIKU price change compared to its average price change.

About HOKURIKU 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 HOKURIKU EL PWR 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 HOKURIKU EL PWR based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on HOKURIKU EL PWR price pattern first instead of the macroeconomic environment surrounding HOKURIKU EL PWR. By analyzing HOKURIKU'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 HOKURIKU'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 HOKURIKU specific price patterns or momentum indicators. Please read more on our technical analysis page.

HOKURIKU December 12, 2024 Technical Indicators

Most technical analysis of HOKURIKU 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 HOKURIKU from various momentum indicators to cycle indicators. When you analyze HOKURIKU 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.

Complementary Tools for HOKURIKU Stock analysis

When running HOKURIKU's price analysis, check to measure HOKURIKU'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 HOKURIKU is operating at the current time. Most of HOKURIKU's value examination focuses on studying past and present price action to predict the probability of HOKURIKU's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HOKURIKU's price. Additionally, you may evaluate how the addition of HOKURIKU to your portfolios can decrease your overall portfolio volatility.
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