FORTEC Elektronik (Germany) Technical Analysis
| FEV Stock | 18.30 0.00 0.00% |
As of the 28th of December, FORTEC Elektronik shows the Market Risk Adjusted Performance of 1.11, mean deviation of 1.29, and Standard Deviation of 1.83. FORTEC Elektronik 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.
FORTEC Elektronik Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as FORTEC, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FORTECFORTEC |
FORTEC Elektronik 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.
FORTEC Elektronik Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 FORTEC Elektronik volatility. High ATR values indicate high volatility, and low values indicate low volatility.
FORTEC Elektronik Trend Analysis
Use this graph to draw trend lines for FORTEC Elektronik AG. You can use it to identify possible trend reversals for FORTEC Elektronik 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 FORTEC Elektronik price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.FORTEC Elektronik Best Fit Change Line
The following chart estimates an ordinary least squares regression model for FORTEC Elektronik AG applied against its price change over selected period. The best fit line has a slop of 0 , which means FORTEC Elektronik AG will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.3, which is the sum of squared deviations for the predicted FORTEC Elektronik price change compared to its average price change.About FORTEC Elektronik 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 FORTEC Elektronik AG 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 FORTEC Elektronik AG based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on FORTEC Elektronik price pattern first instead of the macroeconomic environment surrounding FORTEC Elektronik. By analyzing FORTEC Elektronik'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 FORTEC Elektronik'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 FORTEC Elektronik specific price patterns or momentum indicators. Please read more on our technical analysis page.
FORTEC Elektronik December 28, 2024 Technical Indicators
Most technical analysis of FORTEC 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 FORTEC from various momentum indicators to cycle indicators. When you analyze FORTEC 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 | (0.03) | |||
| Market Risk Adjusted Performance | 1.11 | |||
| Mean Deviation | 1.29 | |||
| Coefficient Of Variation | (2,541) | |||
| Standard Deviation | 1.83 | |||
| Variance | 3.34 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | 1.1 | |||
| Maximum Drawdown | 8.28 | |||
| Value At Risk | (3.65) | |||
| Potential Upside | 3.3 | |||
| Skewness | (0.05) | |||
| Kurtosis | 0.6351 |
Additional Tools for FORTEC Stock Analysis
When running FORTEC Elektronik's price analysis, check to measure FORTEC Elektronik'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 FORTEC Elektronik is operating at the current time. Most of FORTEC Elektronik's value examination focuses on studying past and present price action to predict the probability of FORTEC Elektronik's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FORTEC Elektronik's price. Additionally, you may evaluate how the addition of FORTEC Elektronik to your portfolios can decrease your overall portfolio volatility.