Axfood AB (Germany) Technical Analysis
AXL1 Stock | EUR 20.10 0.06 0.30% |
As of the 29th of November, Axfood AB shows the mean deviation of 1.63, and Risk Adjusted Performance of 0.0328. Axfood AB 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 Axfood AB mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Axfood AB is priced correctly, providing market reflects its regular price of 20.1 per share.
Axfood AB Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Axfood, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AxfoodAxfood |
Axfood AB 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.
Axfood AB Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Axfood AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Axfood AB Trend Analysis
Use this graph to draw trend lines for Axfood AB. You can use it to identify possible trend reversals for Axfood AB 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 Axfood AB price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Axfood AB Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Axfood AB applied against its price change over selected period. The best fit line has a slop of 0.05 , which may suggest that Axfood AB market price will keep on failing further. It has 122 observation points and a regression sum of squares at 91.56, which is the sum of squared deviations for the predicted Axfood AB price change compared to its average price change.About Axfood AB 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 Axfood AB 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 Axfood AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Axfood AB price pattern first instead of the macroeconomic environment surrounding Axfood AB. By analyzing Axfood AB'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 Axfood AB'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 Axfood AB specific price patterns or momentum indicators. Please read more on our technical analysis page.
Axfood AB November 29, 2024 Technical Indicators
Most technical analysis of Axfood 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 Axfood from various momentum indicators to cycle indicators. When you analyze Axfood 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 | 0.0328 | |||
Market Risk Adjusted Performance | 0.0932 | |||
Mean Deviation | 1.63 | |||
Semi Deviation | 2.12 | |||
Downside Deviation | 2.35 | |||
Coefficient Of Variation | 3047.76 | |||
Standard Deviation | 3.31 | |||
Variance | 10.99 | |||
Information Ratio | (0.01) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.40) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | 0.0832 | |||
Maximum Drawdown | 31.28 | |||
Value At Risk | (2.77) | |||
Potential Upside | 2.85 | |||
Downside Variance | 5.52 | |||
Semi Variance | 4.51 | |||
Expected Short fall | (1.84) | |||
Skewness | 3.99 | |||
Kurtosis | 28.81 |
Axfood AB November 29, 2024 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 Axfood 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 | 0.00 | ||
Daily Balance Of Power | Huge | ||
Rate Of Daily Change | 1.00 | ||
Day Median Price | 20.10 | ||
Day Typical Price | 20.10 | ||
Price Action Indicator | 0.03 |
Complementary Tools for Axfood Stock analysis
When running Axfood AB's price analysis, check to measure Axfood AB'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 Axfood AB is operating at the current time. Most of Axfood AB's value examination focuses on studying past and present price action to predict the probability of Axfood AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axfood AB's price. Additionally, you may evaluate how the addition of Axfood AB to your portfolios can decrease your overall portfolio volatility.
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