Teva Pharmaceutical (Germany) Technical Analysis
| TEV Stock | EUR 21.20 0.70 3.41% |
As of the 22nd of December, Teva Pharmaceutical has the Coefficient Of Variation of 694.24, semi deviation of 1.46, and Risk Adjusted Performance of 0.1219. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Teva Pharmaceutical, as well as the relationship between them. Please validate Teva Pharmaceutical mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and information ratio to decide if Teva Pharmaceutical is priced more or less accurately, providing market reflects its prevalent price of 21.2 per share.
Teva Pharmaceutical Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Teva, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TevaTeva |
Teva Pharmaceutical 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.
Teva Pharmaceutical Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-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 Teva Pharmaceutical volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Teva Pharmaceutical Trend Analysis
Use this graph to draw trend lines for Teva Pharmaceutical Industries. You can use it to identify possible trend reversals for Teva Pharmaceutical 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 Teva Pharmaceutical price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Teva Pharmaceutical Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Teva Pharmaceutical Industries applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Teva Pharmaceutical Industries will continue generating value for investors. It has 122 observation points and a regression sum of squares at 41.35, which is the sum of squared deviations for the predicted Teva Pharmaceutical price change compared to its average price change.About Teva Pharmaceutical 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 Teva Pharmaceutical Industries 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 Teva Pharmaceutical Industries based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Teva Pharmaceutical price pattern first instead of the macroeconomic environment surrounding Teva Pharmaceutical. By analyzing Teva Pharmaceutical'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 Teva Pharmaceutical'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 Teva Pharmaceutical specific price patterns or momentum indicators. Please read more on our technical analysis page.
Teva Pharmaceutical December 22, 2024 Technical Indicators
Most technical analysis of Teva 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 Teva from various momentum indicators to cycle indicators. When you analyze Teva 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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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1219 | |||
| Market Risk Adjusted Performance | (0.70) | |||
| Mean Deviation | 1.88 | |||
| Semi Deviation | 1.46 | |||
| Downside Deviation | 1.9 | |||
| Coefficient Of Variation | 694.24 | |||
| Standard Deviation | 3.64 | |||
| Variance | 13.27 | |||
| Information Ratio | 0.1352 | |||
| Jensen Alpha | 0.5307 | |||
| Total Risk Alpha | 0.4126 | |||
| Sortino Ratio | 0.2588 | |||
| Treynor Ratio | (0.71) | |||
| Maximum Drawdown | 25.97 | |||
| Value At Risk | (3.15) | |||
| Potential Upside | 4.43 | |||
| Downside Variance | 3.62 | |||
| Semi Variance | 2.14 | |||
| Expected Short fall | (2.50) | |||
| Skewness | 4.78 | |||
| Kurtosis | 31.61 |
Complementary Tools for Teva Stock analysis
When running Teva Pharmaceutical's price analysis, check to measure Teva Pharmaceutical'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 Teva Pharmaceutical is operating at the current time. Most of Teva Pharmaceutical's value examination focuses on studying past and present price action to predict the probability of Teva Pharmaceutical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teva Pharmaceutical's price. Additionally, you may evaluate how the addition of Teva Pharmaceutical to your portfolios can decrease your overall portfolio volatility.
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