Carrefour (Germany) Technical Analysis
CAR Stock | EUR 13.49 0.08 0.60% |
As of the 26th of December, Carrefour shows the Mean Deviation of 1.2, standard deviation of 1.75, and Risk Adjusted Performance of (0.08). Carrefour 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 Carrefour SA maximum drawdown, as well as the relationship between the potential upside and kurtosis to decide if Carrefour SA is priced correctly, providing market reflects its regular price of 13.49 per share.
Carrefour Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Carrefour, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CarrefourCarrefour |
Carrefour 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.
Carrefour SA 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 Carrefour SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Carrefour SA Trend Analysis
Use this graph to draw trend lines for Carrefour SA. You can use it to identify possible trend reversals for Carrefour 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 Carrefour price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Carrefour Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Carrefour SA applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Carrefour SA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 29.27, which is the sum of squared deviations for the predicted Carrefour price change compared to its average price change.About Carrefour 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 Carrefour 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 Carrefour SA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Carrefour SA price pattern first instead of the macroeconomic environment surrounding Carrefour SA. By analyzing Carrefour'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 Carrefour'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 Carrefour specific price patterns or momentum indicators. Please read more on our technical analysis page.
Carrefour December 26, 2024 Technical Indicators
Most technical analysis of Carrefour 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 Carrefour from various momentum indicators to cycle indicators. When you analyze Carrefour 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 | (0.08) | |||
Market Risk Adjusted Performance | 0.5536 | |||
Mean Deviation | 1.2 | |||
Coefficient Of Variation | (893.48) | |||
Standard Deviation | 1.75 | |||
Variance | 3.05 | |||
Information Ratio | (0.14) | |||
Jensen Alpha | (0.19) | |||
Total Risk Alpha | (0.28) | |||
Treynor Ratio | 0.5436 | |||
Maximum Drawdown | 12.17 | |||
Value At Risk | (2.65) | |||
Potential Upside | 2.04 | |||
Skewness | 0.8585 | |||
Kurtosis | 4.96 |
Complementary Tools for Carrefour Stock analysis
When running Carrefour's price analysis, check to measure Carrefour'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 Carrefour is operating at the current time. Most of Carrefour's value examination focuses on studying past and present price action to predict the probability of Carrefour's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carrefour's price. Additionally, you may evaluate how the addition of Carrefour to your portfolios can decrease your overall portfolio volatility.
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