Anthem (Germany) Technical Analysis
| A58 Stock | EUR 382.60 7.90 2.11% |
As of the 26th of January, Anthem shows the Standard Deviation of 1.45, risk adjusted performance of (0.01), and Mean Deviation of 1.11. Anthem Inc technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Anthem Inc mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Anthem Inc is priced correctly, providing market reflects its regular price of 382.6 per share.
Anthem Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Anthem, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AnthemAnthem |
Anthem 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.
Anthem Inc Technical Analysis
The output start index for this execution was fifteen with a total number of output elements of fourty-six. 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 Anthem Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Anthem Inc Trend Analysis
Use this graph to draw trend lines for Anthem Inc. You can use it to identify possible trend reversals for Anthem 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 Anthem price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Anthem Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Anthem Inc applied against its price change over selected period. The best fit line has a slop of 0.34 , which may suggest that Anthem Inc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4386.77, which is the sum of squared deviations for the predicted Anthem price change compared to its average price change.About Anthem 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 Anthem 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 Anthem Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Anthem Inc price pattern first instead of the macroeconomic environment surrounding Anthem Inc. By analyzing Anthem'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 Anthem'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 Anthem specific price patterns or momentum indicators. Please read more on our technical analysis page.
Anthem January 26, 2025 Technical Indicators
Most technical analysis of Anthem 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 Anthem from various momentum indicators to cycle indicators. When you analyze Anthem 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 | (0.01) | |||
| Market Risk Adjusted Performance | (0.1) | |||
| Mean Deviation | 1.11 | |||
| Coefficient Of Variation | (4,542) | |||
| Standard Deviation | 1.45 | |||
| Variance | 2.11 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.11) | |||
| Maximum Drawdown | 8.51 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 2.26 | |||
| Skewness | 0.5363 | |||
| Kurtosis | 1.07 |
Complementary Tools for Anthem Stock analysis
When running Anthem's price analysis, check to measure Anthem'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 Anthem is operating at the current time. Most of Anthem's value examination focuses on studying past and present price action to predict the probability of Anthem's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Anthem's price. Additionally, you may evaluate how the addition of Anthem to your portfolios can decrease your overall portfolio volatility.
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