Umicore SA (Belgium) Technical Analysis
| UMI Stock | EUR 10.08 0.09 0.88% |
As of the 30th of December, Umicore SA has the Coefficient Of Variation of (2,253), variance of 5.0, and Risk Adjusted Performance of (0.03). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Umicore SA, as well as the relationship between them. Please validate Umicore SA information ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk to decide if Umicore SA is priced more or less accurately, providing market reflects its prevalent price of 10.08 per share.
Umicore 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 Umicore, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to UmicoreUmicore |
Umicore SA 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.
Umicore 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 Umicore SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Umicore SA Trend Analysis
Use this graph to draw trend lines for Umicore SA. You can use it to identify possible trend reversals for Umicore 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 Umicore SA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Umicore SA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Umicore SA applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Umicore SA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 12.34, which is the sum of squared deviations for the predicted Umicore SA price change compared to its average price change.About Umicore 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 Umicore 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 Umicore SA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Umicore SA price pattern first instead of the macroeconomic environment surrounding Umicore SA. By analyzing Umicore 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 Umicore 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 Umicore SA specific price patterns or momentum indicators. Please read more on our technical analysis page.
Umicore SA December 30, 2024 Technical Indicators
Most technical analysis of Umicore 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 Umicore from various momentum indicators to cycle indicators. When you analyze Umicore 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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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | 0.3263 | |||
| Mean Deviation | 1.74 | |||
| Coefficient Of Variation | (2,253) | |||
| Standard Deviation | 2.24 | |||
| Variance | 5.0 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | 0.3163 | |||
| Maximum Drawdown | 10.53 | |||
| Value At Risk | (4.06) | |||
| Potential Upside | 3.56 | |||
| Skewness | (0.14) | |||
| Kurtosis | (0.05) |
Additional Tools for Umicore Stock Analysis
When running Umicore SA's price analysis, check to measure Umicore 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 Umicore SA is operating at the current time. Most of Umicore SA's value examination focuses on studying past and present price action to predict the probability of Umicore 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 Umicore SA's price. Additionally, you may evaluate how the addition of Umicore SA to your portfolios can decrease your overall portfolio volatility.