Medacta Group (Switzerland) Technical Analysis
| MOVE Stock | 110.60 0.20 0.18% |
As of the 15th of December 2024, Medacta Group secures the Standard Deviation of 1.68, mean deviation of 1.3, and Risk Adjusted Performance of (0.07). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Medacta Group SA, as well as the relationship between them. Please verify Medacta Group SA variance, treynor ratio, and the relationship between the standard deviation and information ratio to decide if Medacta Group SA is priced some-what accurately, providing market reflects its recent price of 110.6 per share.
Medacta Group Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Medacta, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MedactaMedacta |
Medacta Group 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.
Medacta Group SA Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Medacta Group SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Medacta Group SA Trend Analysis
Use this graph to draw trend lines for Medacta Group SA. You can use it to identify possible trend reversals for Medacta Group 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 Medacta Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Medacta Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Medacta Group SA applied against its price change over selected period. The best fit line has a slop of 0.27 , which may suggest that Medacta Group SA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2836.15, which is the sum of squared deviations for the predicted Medacta Group price change compared to its average price change.About Medacta Group 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 Medacta Group 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 Medacta Group SA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Medacta Group SA price pattern first instead of the macroeconomic environment surrounding Medacta Group SA. By analyzing Medacta Group'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 Medacta Group'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 Medacta Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
Medacta Group December 15, 2024 Technical Indicators
Most technical analysis of Medacta 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 Medacta from various momentum indicators to cycle indicators. When you analyze Medacta 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 | (0.07) | |||
| Market Risk Adjusted Performance | (1.02) | |||
| Mean Deviation | 1.3 | |||
| Coefficient Of Variation | (994.04) | |||
| Standard Deviation | 1.68 | |||
| Variance | 2.82 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | (1.03) | |||
| Maximum Drawdown | 7.26 | |||
| Value At Risk | (2.89) | |||
| Potential Upside | 2.32 | |||
| Skewness | (0.44) | |||
| Kurtosis | 0.6312 |
Additional Tools for Medacta Stock Analysis
When running Medacta Group's price analysis, check to measure Medacta Group'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 Medacta Group is operating at the current time. Most of Medacta Group's value examination focuses on studying past and present price action to predict the probability of Medacta Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medacta Group's price. Additionally, you may evaluate how the addition of Medacta Group to your portfolios can decrease your overall portfolio volatility.