Magnachip Semiconductor (Germany) Technical Analysis
| SMG Stock | EUR 3.78 0.12 3.28% |
As of the 28th of November, Magnachip Semiconductor secures the Risk Adjusted Performance of (0.01), mean deviation of 2.14, and Standard Deviation of 3.09. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Magnachip Semiconductor, as well as the relationship between them. Please verify Magnachip Semiconductor maximum drawdown, and the relationship between the information ratio and potential upside to decide if Magnachip Semiconductor is priced some-what accurately, providing market reflects its recent price of 3.78 per share.
Magnachip Semiconductor Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Magnachip, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MagnachipMagnachip |
Magnachip Semiconductor 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.
Magnachip Semiconductor 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 Magnachip Semiconductor volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Magnachip Semiconductor Trend Analysis
Use this graph to draw trend lines for Magnachip Semiconductor. You can use it to identify possible trend reversals for Magnachip Semiconductor 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 Magnachip Semiconductor price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Magnachip Semiconductor Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Magnachip Semiconductor applied against its price change over selected period. The best fit line has a slop of 0.0099 , which may suggest that Magnachip Semiconductor market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3.69, which is the sum of squared deviations for the predicted Magnachip Semiconductor price change compared to its average price change.About Magnachip Semiconductor 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 Magnachip Semiconductor 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 Magnachip Semiconductor based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Magnachip Semiconductor price pattern first instead of the macroeconomic environment surrounding Magnachip Semiconductor. By analyzing Magnachip Semiconductor'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 Magnachip Semiconductor'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 Magnachip Semiconductor specific price patterns or momentum indicators. Please read more on our technical analysis page.
Magnachip Semiconductor November 28, 2024 Technical Indicators
Most technical analysis of Magnachip 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 Magnachip from various momentum indicators to cycle indicators. When you analyze Magnachip 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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| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.12) | |||
| Mean Deviation | 2.14 | |||
| Coefficient Of Variation | (4,146) | |||
| Standard Deviation | 3.09 | |||
| Variance | 9.58 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (0.13) | |||
| Maximum Drawdown | 17.42 | |||
| Value At Risk | (4.00) | |||
| Potential Upside | 4.17 | |||
| Skewness | (1.13) | |||
| Kurtosis | 4.36 |
Complementary Tools for Magnachip Stock analysis
When running Magnachip Semiconductor's price analysis, check to measure Magnachip Semiconductor'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 Magnachip Semiconductor is operating at the current time. Most of Magnachip Semiconductor's value examination focuses on studying past and present price action to predict the probability of Magnachip Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magnachip Semiconductor's price. Additionally, you may evaluate how the addition of Magnachip Semiconductor to your portfolios can decrease your overall portfolio volatility.
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