Aperam SA (Germany) Technical Analysis
7AA Stock | EUR 28.26 0.04 0.14% |
As of the 12th of December 2024, Aperam SA shows the mean deviation of 1.24, and Risk Adjusted Performance of 0.1587. Aperam SA technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Aperam SA semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if Aperam SA is priced correctly, providing market reflects its regular price of 28.26 per share.
Aperam SA Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Aperam, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AperamAperam |
Aperam SA 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.
Aperam SA Technical Analysis
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 Aperam SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Aperam SA Trend Analysis
Use this graph to draw trend lines for Aperam SA. You can use it to identify possible trend reversals for Aperam SA 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 Aperam SA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Aperam SA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Aperam SA applied against its price change over selected period. The best fit line has a slop of 0.04 , which means Aperam SA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 72.86, which is the sum of squared deviations for the predicted Aperam SA price change compared to its average price change.About Aperam SA 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 Aperam SA 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 Aperam SA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Aperam SA price pattern first instead of the macroeconomic environment surrounding Aperam SA. By analyzing Aperam SA'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 Aperam SA'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 Aperam SA specific price patterns or momentum indicators. Please read more on our technical analysis page.
Aperam SA December 12, 2024 Technical Indicators
Most technical analysis of Aperam 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 Aperam from various momentum indicators to cycle indicators. When you analyze Aperam 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 | 0.1587 | |||
Market Risk Adjusted Performance | 2.51 | |||
Mean Deviation | 1.24 | |||
Semi Deviation | 1.07 | |||
Downside Deviation | 1.45 | |||
Coefficient Of Variation | 472.25 | |||
Standard Deviation | 1.69 | |||
Variance | 2.84 | |||
Information Ratio | 0.138 | |||
Jensen Alpha | 0.3313 | |||
Total Risk Alpha | 0.0798 | |||
Sortino Ratio | 0.1601 | |||
Treynor Ratio | 2.5 | |||
Maximum Drawdown | 8.63 | |||
Value At Risk | (2.67) | |||
Potential Upside | 3.74 | |||
Downside Variance | 2.11 | |||
Semi Variance | 1.15 | |||
Expected Short fall | (1.46) | |||
Skewness | 0.4074 | |||
Kurtosis | 1.34 |
Complementary Tools for Aperam Stock analysis
When running Aperam SA's price analysis, check to measure Aperam SA'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 Aperam SA is operating at the current time. Most of Aperam SA's value examination focuses on studying past and present price action to predict the probability of Aperam SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aperam SA's price. Additionally, you may evaluate how the addition of Aperam SA to your portfolios can decrease your overall portfolio volatility.
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