EDP Renovveis (Germany) Technical Analysis
| EDW Stock | EUR 10.07 0.09 0.90% |
As of the 14th of December 2024, EDP Renovveis shows the Standard Deviation of 2.37, coefficient of variation of (339.65), and Mean Deviation of 1.75. EDP Renovveis SA technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm EDP Renovveis SA maximum drawdown, as well as the relationship between the potential upside and kurtosis to decide if EDP Renovveis SA is priced adequately, providing market reflects its regular price of 10.07 per share.
EDP Renovveis Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as EDP, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EDPEDP |
EDP Renovveis 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.
EDP Renovveis 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 EDP Renovveis SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
EDP Renovveis SA Trend Analysis
Use this graph to draw trend lines for EDP Renovveis SA. You can use it to identify possible trend reversals for EDP Renovveis 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 EDP Renovveis price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.EDP Renovveis Best Fit Change Line
The following chart estimates an ordinary least squares regression model for EDP Renovveis SA applied against its price change over selected period. The best fit line has a slop of 0.1 , which may suggest that EDP Renovveis SA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 404.04, which is the sum of squared deviations for the predicted EDP Renovveis price change compared to its average price change.About EDP Renovveis 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 EDP Renovveis 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 EDP Renovveis SA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on EDP Renovveis SA price pattern first instead of the macroeconomic environment surrounding EDP Renovveis SA. By analyzing EDP Renovveis'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 EDP Renovveis'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 EDP Renovveis specific price patterns or momentum indicators. Please read more on our technical analysis page.
EDP Renovveis December 14, 2024 Technical Indicators
Most technical analysis of EDP 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 EDP from various momentum indicators to cycle indicators. When you analyze EDP 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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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.21) | |||
| Market Risk Adjusted Performance | 1.96 | |||
| Mean Deviation | 1.75 | |||
| Coefficient Of Variation | (339.65) | |||
| Standard Deviation | 2.37 | |||
| Variance | 5.63 | |||
| Information Ratio | (0.34) | |||
| Jensen Alpha | (0.68) | |||
| Total Risk Alpha | (1.00) | |||
| Treynor Ratio | 1.95 | |||
| Maximum Drawdown | 13.82 | |||
| Value At Risk | (3.88) | |||
| Potential Upside | 2.95 | |||
| Skewness | (0.88) | |||
| Kurtosis | 4.29 |
Complementary Tools for EDP Stock analysis
When running EDP Renovveis' price analysis, check to measure EDP Renovveis' 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 EDP Renovveis is operating at the current time. Most of EDP Renovveis' value examination focuses on studying past and present price action to predict the probability of EDP Renovveis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EDP Renovveis' price. Additionally, you may evaluate how the addition of EDP Renovveis to your portfolios can decrease your overall portfolio volatility.
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