Watsco (Germany) Technical Analysis
WC3 Stock | EUR 466.80 3.40 0.73% |
As of the 25th of December, Watsco maintains the Market Risk Adjusted Performance of 0.0895, downside deviation of 1.55, and Mean Deviation of 1.3. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Watsco Inc, as well as the relationship between them. Please check out Watsco Inc treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside to decide if Watsco Inc is priced fairly, providing market reflects its latest price of 466.8 per share.
Watsco Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Watsco, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WatscoWatsco |
Watsco 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.
Watsco Inc Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-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 Watsco Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Watsco Inc Trend Analysis
Use this graph to draw trend lines for Watsco Inc. You can use it to identify possible trend reversals for Watsco 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 Watsco price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Watsco Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Watsco Inc applied against its price change over selected period. The best fit line has a slop of 1.15 , which means Watsco Inc will continue generating value for investors. It has 122 observation points and a regression sum of squares at 49723.26, which is the sum of squared deviations for the predicted Watsco price change compared to its average price change.About Watsco 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 Watsco Inc 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 Watsco Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Watsco Inc price pattern first instead of the macroeconomic environment surrounding Watsco Inc. By analyzing Watsco'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 Watsco'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 Watsco specific price patterns or momentum indicators. Please read more on our technical analysis page.
Watsco December 25, 2024 Technical Indicators
Most technical analysis of Watsco 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 Watsco from various momentum indicators to cycle indicators. When you analyze Watsco 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 | 0.0498 | |||
Market Risk Adjusted Performance | 0.0895 | |||
Mean Deviation | 1.3 | |||
Semi Deviation | 1.47 | |||
Downside Deviation | 1.55 | |||
Coefficient Of Variation | 1803.95 | |||
Standard Deviation | 1.76 | |||
Variance | 3.11 | |||
Information Ratio | 0.0301 | |||
Jensen Alpha | 0.0494 | |||
Total Risk Alpha | 0.0112 | |||
Sortino Ratio | 0.0343 | |||
Treynor Ratio | 0.0795 | |||
Maximum Drawdown | 10.93 | |||
Value At Risk | (2.91) | |||
Potential Upside | 2.34 | |||
Downside Variance | 2.39 | |||
Semi Variance | 2.15 | |||
Expected Short fall | (1.48) | |||
Skewness | 0.8826 | |||
Kurtosis | 4.06 |
Complementary Tools for Watsco Stock analysis
When running Watsco's price analysis, check to measure Watsco'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 Watsco is operating at the current time. Most of Watsco's value examination focuses on studying past and present price action to predict the probability of Watsco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Watsco's price. Additionally, you may evaluate how the addition of Watsco to your portfolios can decrease your overall portfolio volatility.
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