Sumitomo Rubber (Germany) Technical Analysis
108 Stock | EUR 10.50 0.10 0.94% |
As of the 17th of January 2025, Sumitomo Rubber has the Risk Adjusted Performance of 0.1253, coefficient of variation of 693.8, and Semi Deviation of 1.18. Sumitomo Rubber technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. Please validate Sumitomo Rubber Indu coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if Sumitomo Rubber is priced more or less accurately, providing market reflects its prevalent price of 10.5 per share.
Sumitomo Rubber Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Sumitomo, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SumitomoSumitomo |
Sumitomo Rubber 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.
Sumitomo Rubber Indu 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 Sumitomo Rubber Indu volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Sumitomo Rubber Indu Trend Analysis
Use this graph to draw trend lines for Sumitomo Rubber Industries. You can use it to identify possible trend reversals for Sumitomo Rubber 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 Sumitomo Rubber price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Sumitomo Rubber Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Sumitomo Rubber Industries applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Sumitomo Rubber Industries will continue generating value for investors. It has 122 observation points and a regression sum of squares at 38.48, which is the sum of squared deviations for the predicted Sumitomo Rubber price change compared to its average price change.About Sumitomo Rubber 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 Sumitomo Rubber Industries 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 Sumitomo Rubber Industries based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Sumitomo Rubber Indu price pattern first instead of the macroeconomic environment surrounding Sumitomo Rubber Indu. By analyzing Sumitomo Rubber'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 Sumitomo Rubber'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 Sumitomo Rubber specific price patterns or momentum indicators. Please read more on our technical analysis page.
Sumitomo Rubber January 17, 2025 Technical Indicators
Most technical analysis of Sumitomo 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 Sumitomo from various momentum indicators to cycle indicators. When you analyze Sumitomo 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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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.1253 | |||
Market Risk Adjusted Performance | (1.00) | |||
Mean Deviation | 1.16 | |||
Semi Deviation | 1.18 | |||
Downside Deviation | 1.69 | |||
Coefficient Of Variation | 693.8 | |||
Standard Deviation | 1.59 | |||
Variance | 2.53 | |||
Information Ratio | 0.14 | |||
Jensen Alpha | 0.2187 | |||
Total Risk Alpha | 0.226 | |||
Sortino Ratio | 0.1322 | |||
Treynor Ratio | (1.01) | |||
Maximum Drawdown | 10.26 | |||
Value At Risk | (2.19) | |||
Potential Upside | 2.51 | |||
Downside Variance | 2.84 | |||
Semi Variance | 1.39 | |||
Expected Short fall | (1.51) | |||
Skewness | 0.7635 | |||
Kurtosis | 3.28 |
Complementary Tools for Sumitomo Stock analysis
When running Sumitomo Rubber's price analysis, check to measure Sumitomo Rubber'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 Sumitomo Rubber is operating at the current time. Most of Sumitomo Rubber's value examination focuses on studying past and present price action to predict the probability of Sumitomo Rubber's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sumitomo Rubber's price. Additionally, you may evaluate how the addition of Sumitomo Rubber to your portfolios can decrease your overall portfolio volatility.
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