Spineway (France) Technical Analysis
| ALSPW Stock | EUR 0.17 0.01 5.56% |
As of the 12th of February 2026, Spineway has the Risk Adjusted Performance of 0.042, semi deviation of 3.5, and Coefficient Of Variation of 2354.72. Spineway 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.
Spineway Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Spineway, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SpinewaySpineway |
Spineway 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Spineway's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Spineway.
| 11/14/2025 |
| 02/12/2026 |
If you would invest 0.00 in Spineway on November 14, 2025 and sell it all today you would earn a total of 0.00 from holding Spineway or generate 0.0% return on investment in Spineway over 90 days. Spineway is related to or competes with Mediantechn, Sensorion, OSE Pharma, AB Science, KLEA HOLDING, Abionyx Pharma, and Innate Pharma. Spineway SA engages in the design, manufacture, and marketing of implants and surgical instruments for treating disorder... More
Spineway Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Spineway's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Spineway upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.18 | |||
| Information Ratio | 0.0211 | |||
| Maximum Drawdown | 20.0 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 6.67 |
Spineway Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Spineway's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Spineway's standard deviation. In reality, there are many statistical measures that can use Spineway historical prices to predict the future Spineway's volatility.| Risk Adjusted Performance | 0.042 | |||
| Jensen Alpha | 0.2895 | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | 0.0165 | |||
| Treynor Ratio | (0.19) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Spineway's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Spineway February 12, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.042 | |||
| Market Risk Adjusted Performance | (0.18) | |||
| Mean Deviation | 3.39 | |||
| Semi Deviation | 3.5 | |||
| Downside Deviation | 6.18 | |||
| Coefficient Of Variation | 2354.72 | |||
| Standard Deviation | 4.83 | |||
| Variance | 23.33 | |||
| Information Ratio | 0.0211 | |||
| Jensen Alpha | 0.2895 | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | 0.0165 | |||
| Treynor Ratio | (0.19) | |||
| Maximum Drawdown | 20.0 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 6.67 | |||
| Downside Variance | 38.2 | |||
| Semi Variance | 12.26 | |||
| Expected Short fall | (7.21) | |||
| Skewness | 0.4792 | |||
| Kurtosis | (0.07) |
Spineway Backtested Returns
Spineway appears to be out of control, given 3 months investment horizon. Spineway owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.044, which indicates the firm had a 0.044 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Spineway, which you can use to evaluate the volatility of the company. Please review Spineway's Semi Deviation of 3.5, coefficient of variation of 2354.72, and Risk Adjusted Performance of 0.042 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Spineway holds a performance score of 3. The entity has a beta of -1.01, which indicates a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Spineway are expected to decrease slowly. On the other hand, during market turmoil, Spineway is expected to outperform it slightly. Please check Spineway's sortino ratio, as well as the relationship between the semi variance and rate of daily change , to make a quick decision on whether Spineway's existing price patterns will revert.
Auto-correlation | 0.02 |
Virtually no predictability
Spineway has virtually no predictability. Overlapping area represents the amount of predictability between Spineway time series from 14th of November 2025 to 29th of December 2025 and 29th of December 2025 to 12th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Spineway price movement. The serial correlation of 0.02 indicates that only 2.0% of current Spineway price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Spineway 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.
Spineway Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Normalized Average True Range is used to analyze tradable apportunities for Spineway across different markets.
About Spineway 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 Spineway 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 Spineway based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Spineway price pattern first instead of the macroeconomic environment surrounding Spineway. By analyzing Spineway'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 Spineway'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 Spineway specific price patterns or momentum indicators. Please read more on our technical analysis page.
Spineway February 12, 2026 Technical Indicators
Most technical analysis of Spineway 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 Spineway from various momentum indicators to cycle indicators. When you analyze Spineway 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 | 0.042 | |||
| Market Risk Adjusted Performance | (0.18) | |||
| Mean Deviation | 3.39 | |||
| Semi Deviation | 3.5 | |||
| Downside Deviation | 6.18 | |||
| Coefficient Of Variation | 2354.72 | |||
| Standard Deviation | 4.83 | |||
| Variance | 23.33 | |||
| Information Ratio | 0.0211 | |||
| Jensen Alpha | 0.2895 | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | 0.0165 | |||
| Treynor Ratio | (0.19) | |||
| Maximum Drawdown | 20.0 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 6.67 | |||
| Downside Variance | 38.2 | |||
| Semi Variance | 12.26 | |||
| Expected Short fall | (7.21) | |||
| Skewness | 0.4792 | |||
| Kurtosis | (0.07) |
Spineway February 12, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Spineway stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 6,712 | ||
| Daily Balance Of Power | (1.00) | ||
| Rate Of Daily Change | 0.94 | ||
| Day Median Price | 0.18 | ||
| Day Typical Price | 0.17 | ||
| Price Action Indicator | (0.01) |
Additional Tools for Spineway Stock Analysis
When running Spineway's price analysis, check to measure Spineway'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 Spineway is operating at the current time. Most of Spineway's value examination focuses on studying past and present price action to predict the probability of Spineway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spineway's price. Additionally, you may evaluate how the addition of Spineway to your portfolios can decrease your overall portfolio volatility.