Mynaric AG (UK) Technical Analysis
| 0AR9 Stock | 5.02 0.10 1.95% |
As of the 1st of December, Mynaric AG secures the Risk Adjusted Performance of 0.107, mean deviation of 3.66, and Downside Deviation of 4.21. Mynaric AG technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Please verify Mynaric AG coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if Mynaric AG is priced some-what accurately, providing market reflects its recent price of 5.02 per share.
Mynaric AG Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Mynaric, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MynaricMynaric |
Mynaric AG 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.
Mynaric AG Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-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 Mynaric AG volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Mynaric AG Trend Analysis
Use this graph to draw trend lines for Mynaric AG. You can use it to identify possible trend reversals for Mynaric AG 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 Mynaric AG price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Mynaric AG Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Mynaric AG applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Mynaric AG will continue generating value for investors. It has 122 observation points and a regression sum of squares at 22.97, which is the sum of squared deviations for the predicted Mynaric AG price change compared to its average price change.About Mynaric AG 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 Mynaric AG 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 Mynaric AG based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Mynaric AG price pattern first instead of the macroeconomic environment surrounding Mynaric AG. By analyzing Mynaric AG'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 Mynaric AG'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 Mynaric AG specific price patterns or momentum indicators. Please read more on our technical analysis page.
Mynaric AG December 1, 2024 Technical Indicators
Most technical analysis of Mynaric 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 Mynaric from various momentum indicators to cycle indicators. When you analyze Mynaric 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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| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | 0.107 | |||
| Market Risk Adjusted Performance | 0.7153 | |||
| Mean Deviation | 3.66 | |||
| Semi Deviation | 3.51 | |||
| Downside Deviation | 4.21 | |||
| Coefficient Of Variation | 777.81 | |||
| Standard Deviation | 5.8 | |||
| Variance | 33.61 | |||
| Information Ratio | 0.1048 | |||
| Jensen Alpha | 0.6023 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.1443 | |||
| Treynor Ratio | 0.7053 | |||
| Maximum Drawdown | 37.54 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 9.09 | |||
| Downside Variance | 17.73 | |||
| Semi Variance | 12.31 | |||
| Expected Short fall | (4.58) | |||
| Skewness | 2.22 | |||
| Kurtosis | 9.5 |
Additional Tools for Mynaric Stock Analysis
When running Mynaric AG's price analysis, check to measure Mynaric AG'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 Mynaric AG is operating at the current time. Most of Mynaric AG's value examination focuses on studying past and present price action to predict the probability of Mynaric AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mynaric AG's price. Additionally, you may evaluate how the addition of Mynaric AG to your portfolios can decrease your overall portfolio volatility.