Zoetis (Germany) Technical Analysis
| ZOE Stock | EUR 164.56 3.70 2.20% |
As of the 3rd of December, Zoetis maintains the Mean Deviation of 0.9447, market risk adjusted performance of 2.0E-4, and Downside Deviation of 1.42. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Zoetis Inc, as well as the relationship between them. Please check out Zoetis Inc standard deviation, treynor ratio, downside variance, as well as the relationship between the information ratio and value at risk to decide if Zoetis Inc is priced fairly, providing market reflects its latest price of 164.56 per share.
Zoetis Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Zoetis, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ZoetisZoetis |
Zoetis 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.
Zoetis Inc Technical Analysis
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. 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 Zoetis Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Zoetis Inc Trend Analysis
Use this graph to draw trend lines for Zoetis Inc. You can use it to identify possible trend reversals for Zoetis 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 Zoetis price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Zoetis Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Zoetis Inc applied against its price change over selected period. The best fit line has a slop of 0.17 , which may suggest that Zoetis Inc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1143.21, which is the sum of squared deviations for the predicted Zoetis price change compared to its average price change.About Zoetis 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 Zoetis 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 Zoetis Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Zoetis Inc price pattern first instead of the macroeconomic environment surrounding Zoetis Inc. By analyzing Zoetis'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 Zoetis'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 Zoetis specific price patterns or momentum indicators. Please read more on our technical analysis page.
Zoetis December 3, 2024 Technical Indicators
Most technical analysis of Zoetis 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 Zoetis from various momentum indicators to cycle indicators. When you analyze Zoetis 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 | 0.0079 | |||
| Market Risk Adjusted Performance | 2.0E-4 | |||
| Mean Deviation | 0.9447 | |||
| Semi Deviation | 1.39 | |||
| Downside Deviation | 1.42 | |||
| Coefficient Of Variation | 19696.87 | |||
| Standard Deviation | 1.27 | |||
| Variance | 1.62 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | (0.01) | |||
| Maximum Drawdown | 5.98 | |||
| Value At Risk | (2.20) | |||
| Potential Upside | 1.83 | |||
| Downside Variance | 2.01 | |||
| Semi Variance | 1.94 | |||
| Expected Short fall | (0.92) | |||
| Skewness | (0.72) | |||
| Kurtosis | 1.31 |
Complementary Tools for Zoetis Stock analysis
When running Zoetis' price analysis, check to measure Zoetis' 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 Zoetis is operating at the current time. Most of Zoetis' value examination focuses on studying past and present price action to predict the probability of Zoetis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zoetis' price. Additionally, you may evaluate how the addition of Zoetis to your portfolios can decrease your overall portfolio volatility.
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