Air Canada (Germany) Technical Analysis
| ADH2 Stock | 15.63 0.65 3.99% |
As of the 22nd of November, Air Canada shows the Mean Deviation of 1.71, risk adjusted performance of 0.2004, and Downside Deviation of 1.61. Air Canada 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.
Air Canada Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Air, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AirAir |
Air Canada 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.
Air Canada 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 Air Canada volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Air Canada Trend Analysis
Use this graph to draw trend lines for Air Canada. You can use it to identify possible trend reversals for Air Canada 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 Air Canada price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Air Canada Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Air Canada applied against its price change over selected period. The best fit line has a slop of 0.11 , which means Air Canada will continue generating value for investors. It has 122 observation points and a regression sum of squares at 458.02, which is the sum of squared deviations for the predicted Air Canada price change compared to its average price change.About Air Canada 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 Air Canada 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 Air Canada based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Air Canada price pattern first instead of the macroeconomic environment surrounding Air Canada. By analyzing Air Canada'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 Air Canada'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 Air Canada specific price patterns or momentum indicators. Please read more on our technical analysis page.
Air Canada November 22, 2024 Technical Indicators
Most technical analysis of Air 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 Air from various momentum indicators to cycle indicators. When you analyze Air 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 | 0.2004 | |||
| Market Risk Adjusted Performance | 2.77 | |||
| Mean Deviation | 1.71 | |||
| Semi Deviation | 1.06 | |||
| Downside Deviation | 1.61 | |||
| Coefficient Of Variation | 394.57 | |||
| Standard Deviation | 2.66 | |||
| Variance | 7.08 | |||
| Information Ratio | 0.2123 | |||
| Jensen Alpha | 0.6406 | |||
| Total Risk Alpha | 0.3174 | |||
| Sortino Ratio | 0.3508 | |||
| Treynor Ratio | 2.76 | |||
| Maximum Drawdown | 19.65 | |||
| Value At Risk | (2.29) | |||
| Potential Upside | 5.0 | |||
| Downside Variance | 2.59 | |||
| Semi Variance | 1.13 | |||
| Expected Short fall | (2.18) | |||
| Skewness | 2.7 | |||
| Kurtosis | 13.43 |
Additional Tools for Air Stock Analysis
When running Air Canada's price analysis, check to measure Air Canada'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 Air Canada is operating at the current time. Most of Air Canada's value examination focuses on studying past and present price action to predict the probability of Air Canada's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air Canada's price. Additionally, you may evaluate how the addition of Air Canada to your portfolios can decrease your overall portfolio volatility.