Summit Materials (Germany) Technical Analysis
| 7SU Stock | 48.20 0.20 0.41% |
As of the 29th of November, Summit Materials has the Risk Adjusted Performance of 0.1619, coefficient of variation of 494.75, and Semi Deviation of 1.42. Summit Materials technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices.
Summit Materials Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Summit, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SummitSummit |
Summit Materials 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.
Summit Materials Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Summit Materials volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Summit Materials Trend Analysis
Use this graph to draw trend lines for Summit Materials. You can use it to identify possible trend reversals for Summit Materials 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 Summit Materials price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Summit Materials Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Summit Materials applied against its price change over selected period. The best fit line has a slop of 0.30 , which means Summit Materials will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3325.3, which is the sum of squared deviations for the predicted Summit Materials price change compared to its average price change.About Summit Materials 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 Summit Materials 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 Summit Materials based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Summit Materials price pattern first instead of the macroeconomic environment surrounding Summit Materials. By analyzing Summit Materials'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 Summit Materials'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 Summit Materials specific price patterns or momentum indicators. Please read more on our technical analysis page.
Summit Materials November 29, 2024 Technical Indicators
Most technical analysis of Summit 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 Summit from various momentum indicators to cycle indicators. When you analyze Summit 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 | 0.1619 | |||
| Market Risk Adjusted Performance | 0.3216 | |||
| Mean Deviation | 1.84 | |||
| Semi Deviation | 1.42 | |||
| Downside Deviation | 1.85 | |||
| Coefficient Of Variation | 494.75 | |||
| Standard Deviation | 2.56 | |||
| Variance | 6.56 | |||
| Information Ratio | 0.1532 | |||
| Jensen Alpha | 0.3196 | |||
| Total Risk Alpha | 0.122 | |||
| Sortino Ratio | 0.2122 | |||
| Treynor Ratio | 0.3116 | |||
| Maximum Drawdown | 11.33 | |||
| Value At Risk | (2.37) | |||
| Potential Upside | 6.49 | |||
| Downside Variance | 3.42 | |||
| Semi Variance | 2.02 | |||
| Expected Short fall | (2.34) | |||
| Skewness | 1.15 | |||
| Kurtosis | 2.35 |
Additional Tools for Summit Stock Analysis
When running Summit Materials' price analysis, check to measure Summit Materials' 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 Summit Materials is operating at the current time. Most of Summit Materials' value examination focuses on studying past and present price action to predict the probability of Summit Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summit Materials' price. Additionally, you may evaluate how the addition of Summit Materials to your portfolios can decrease your overall portfolio volatility.