MITSUBISHI STEEL (Germany) Technical Analysis
| 0BK Stock | 8.30 0.10 1.22% |
As of the 22nd of November, MITSUBISHI STEEL secures the Mean Deviation of 0.983, market risk adjusted performance of (0.31), and Risk Adjusted Performance of (0.04). Our technical analysis interface lets you check practical technical drivers of MITSUBISHI STEEL MFG, as well as the relationship between them. Please verify MITSUBISHI STEEL MFG information ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk to decide if MITSUBISHI STEEL MFG is priced more or less accurately, providing market reflects its recent price of 8.3 per share.
MITSUBISHI STEEL Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as MITSUBISHI, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MITSUBISHIMITSUBISHI |
MITSUBISHI STEEL 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.
MITSUBISHI STEEL MFG Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 MITSUBISHI STEEL MFG volatility. High ATR values indicate high volatility, and low values indicate low volatility.
MITSUBISHI STEEL MFG Trend Analysis
Use this graph to draw trend lines for MITSUBISHI STEEL MFG. You can use it to identify possible trend reversals for MITSUBISHI STEEL 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 MITSUBISHI STEEL price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.MITSUBISHI STEEL Best Fit Change Line
The following chart estimates an ordinary least squares regression model for MITSUBISHI STEEL MFG applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that MITSUBISHI STEEL MFG market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3.81, which is the sum of squared deviations for the predicted MITSUBISHI STEEL price change compared to its average price change.About MITSUBISHI STEEL 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 MITSUBISHI STEEL MFG 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 MITSUBISHI STEEL MFG based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on MITSUBISHI STEEL MFG price pattern first instead of the macroeconomic environment surrounding MITSUBISHI STEEL MFG. By analyzing MITSUBISHI STEEL'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 MITSUBISHI STEEL'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 MITSUBISHI STEEL specific price patterns or momentum indicators. Please read more on our technical analysis page.
MITSUBISHI STEEL November 22, 2024 Technical Indicators
Most technical analysis of MITSUBISHI 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 MITSUBISHI from various momentum indicators to cycle indicators. When you analyze MITSUBISHI 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 | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (0.31) | |||
| Mean Deviation | 0.983 | |||
| Coefficient Of Variation | (1,803) | |||
| Standard Deviation | 1.29 | |||
| Variance | 1.67 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | (0.32) | |||
| Maximum Drawdown | 6.2 | |||
| Value At Risk | (2.34) | |||
| Potential Upside | 1.82 | |||
| Skewness | (0.02) | |||
| Kurtosis | 0.8213 |
Complementary Tools for MITSUBISHI Stock analysis
When running MITSUBISHI STEEL's price analysis, check to measure MITSUBISHI STEEL'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 MITSUBISHI STEEL is operating at the current time. Most of MITSUBISHI STEEL's value examination focuses on studying past and present price action to predict the probability of MITSUBISHI STEEL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MITSUBISHI STEEL's price. Additionally, you may evaluate how the addition of MITSUBISHI STEEL to your portfolios can decrease your overall portfolio volatility.
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