Danone Sa Stock Technical Analysis
| GPDNF Stock | USD 68.85 0.45 0.66% |
As of the 18th of December 2024, Danone SA shows the Variance of 1.04, mean deviation of 0.6152, and Standard Deviation of 1.02. Danone 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Danone SA, which can be compared to its peers. Please confirm Danone SA variance and value at risk to decide if Danone SA is priced favorably, providing market reflects its regular price of 68.85 per share. Given that Danone SA has information ratio of (0.15), we urge you to verify Danone SA's prevailing market performance to make sure the company can sustain itself at a future point.
Danone 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 Danone, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DanoneDanone |
Danone SA technical otc 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, otc market cycles, or different charting patterns.
Danone SA 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 Danone SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Danone SA Trend Analysis
Use this graph to draw trend lines for Danone SA. You can use it to identify possible trend reversals for Danone 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 Danone SA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Danone SA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Danone SA applied against its price change over selected period. The best fit line has a slop of 0.07 , which may suggest that Danone SA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 180.14, which is the sum of squared deviations for the predicted Danone SA price change compared to its average price change.About Danone 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 Danone 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 Danone SA based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Danone SA price pattern first instead of the macroeconomic environment surrounding Danone SA. By analyzing Danone 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 Danone 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 Danone SA specific price patterns or momentum indicators. Please read more on our technical analysis page.
Danone SA December 18, 2024 Technical Indicators
Most technical analysis of Danone 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 Danone from various momentum indicators to cycle indicators. When you analyze Danone 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 | (0.06) | |||
| Market Risk Adjusted Performance | 0.6426 | |||
| Mean Deviation | 0.6152 | |||
| Coefficient Of Variation | (1,179) | |||
| Standard Deviation | 1.02 | |||
| Variance | 1.04 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | 0.6326 | |||
| Maximum Drawdown | 5.57 | |||
| Value At Risk | (2.32) | |||
| Potential Upside | 1.75 | |||
| Skewness | (0.42) | |||
| Kurtosis | 2.45 |
Danone SA December 18, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Danone stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | Huge | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 68.85 | ||
| Day Typical Price | 68.85 | ||
| Price Action Indicator | 0.22 |
Complementary Tools for Danone OTC Stock analysis
When running Danone SA's price analysis, check to measure Danone 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 Danone SA is operating at the current time. Most of Danone SA's value examination focuses on studying past and present price action to predict the probability of Danone 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 Danone SA's price. Additionally, you may evaluate how the addition of Danone SA to your portfolios can decrease your overall portfolio volatility.
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |