MICRONIC MYDATA (Germany) Technical Analysis
| MLT Stock | EUR 33.56 0.02 0.06% |
As of the 2nd of December, MICRONIC MYDATA owns the Semi Deviation of 1.97, mean deviation of 1.61, and Market Risk Adjusted Performance of (0.77). Compared to fundamental indicators, the technical analysis model lets you check helpful technical drivers of MICRONIC MYDATA, as well as the relationship between them. Please verify MICRONIC MYDATA coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if MICRONIC MYDATA is priced fairly, providing market reflects its prevailing price of 33.56 per share.
MICRONIC MYDATA Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as MICRONIC, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MICRONICMICRONIC |
MICRONIC MYDATA 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.
MICRONIC MYDATA Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 MICRONIC MYDATA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
MICRONIC MYDATA Trend Analysis
Use this graph to draw trend lines for MICRONIC MYDATA. You can use it to identify possible trend reversals for MICRONIC MYDATA 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 MICRONIC MYDATA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.MICRONIC MYDATA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for MICRONIC MYDATA applied against its price change over selected period. The best fit line has a slop of 0.02 , which means MICRONIC MYDATA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 19.68, which is the sum of squared deviations for the predicted MICRONIC MYDATA price change compared to its average price change.About MICRONIC MYDATA 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 MICRONIC MYDATA 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 MICRONIC MYDATA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on MICRONIC MYDATA price pattern first instead of the macroeconomic environment surrounding MICRONIC MYDATA. By analyzing MICRONIC MYDATA'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 MICRONIC MYDATA'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 MICRONIC MYDATA specific price patterns or momentum indicators. Please read more on our technical analysis page.
MICRONIC MYDATA December 2, 2024 Technical Indicators
Most technical analysis of MICRONIC 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 MICRONIC from various momentum indicators to cycle indicators. When you analyze MICRONIC 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 | 0.0197 | |||
| Market Risk Adjusted Performance | (0.77) | |||
| Mean Deviation | 1.61 | |||
| Semi Deviation | 1.97 | |||
| Downside Deviation | 2.01 | |||
| Coefficient Of Variation | 5854.86 | |||
| Standard Deviation | 2.3 | |||
| Variance | 5.3 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | 0.0341 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.78) | |||
| Maximum Drawdown | 14.16 | |||
| Value At Risk | (3.34) | |||
| Potential Upside | 3.24 | |||
| Downside Variance | 4.02 | |||
| Semi Variance | 3.87 | |||
| Expected Short fall | (1.81) | |||
| Skewness | 1.08 | |||
| Kurtosis | 4.72 |
Complementary Tools for MICRONIC Stock analysis
When running MICRONIC MYDATA's price analysis, check to measure MICRONIC MYDATA'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 MICRONIC MYDATA is operating at the current time. Most of MICRONIC MYDATA's value examination focuses on studying past and present price action to predict the probability of MICRONIC MYDATA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MICRONIC MYDATA's price. Additionally, you may evaluate how the addition of MICRONIC MYDATA to your portfolios can decrease your overall portfolio volatility.
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